2831 Waterfront Parkway East Dr - Office FOR SALE


Indianapolis, IN 46214- Key Meadows
$2,500,000 USD
317-410-8788
2831 Waterfront Parkway East Dr, Indianapolis, IN for Sale
$2,500,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

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2831 Waterfront Parkway East Dr
Indianapolis, IN 46214
Key Meadows


HIGHLIGHTS

  • MOTIVATED SELLER
  • STRATEGIC INTERSTATE ACCESS
  • IMMEDIATE VACANT POSSESSION
  • ESTABLISHED BUSINESS PARK LOCATION
  • VALUE-ADD POTENTIAL

OVERVIEW

Waterfront V presents the opportunity to acquire a 52,993-square-foot vacant office building on approximately 4.50 acres at 2831 Waterfront Pkwy E Dr in Indianapolis. The property is strategically positioned near the I-465/I-74 interchange, providing convenient access throughout the Indianapolis metropolitan area, including downtown and Indianapolis International Airport. With immediate vacant possession, the property offers flexibility for an owner-user, investor, or value-add buyer to implement a leasing, repositioning, or occupancy strategy tailored to current market demand. The motivated seller creates an opportunity to acquire the asset at a compelling basis, while the building’s size, parking capacity, established business park setting, and interstate access provide a strong foundation for future use and value creation. The current offering materials identify approximately 250 parking spaces, a 4.72/1,000 SF parking ratio, commercial office zoning, and a 1991 construction date.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Building V

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

4.97 AC

LAND SF

216,493 SF

ZONING

ZO01

APN/PARCEL ID

49-05-26-100-045.000-900

ASK ABOUT THIS PROPERTY

Joseph DiSalvoThe DiSalvo GroupMore Info
317-410-8788

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Joseph DiSalvoThe DiSalvo GroupMore Info
317-410-8788

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.