300 W Broadway St - Loft/Creative Space FOR SALE


Greenwood, IN 46142- Southside Indianapolis
$2,950,000 USD
317-509-9480
300 W Broadway St, Greenwood, IN for Sale
$2,950,000 USD
Loft/Creative Space - FOR SALE
1/42
null | 6.97% Cap Rate

300 W Broadway St
Greenwood, IN 46142
Southside Indianapolis


OVERVIEW

Positioned for long-term growth in Greenwood. Fully restored in 2016 with an additional $75,000 in capital improvements in 2025. 750 square feet is vacant for upside potential. Full basement and sub-grade space for possible expansion of rentable square footage. The elevator and sprinkler system make this a treasure in this sub-market. Additional parking spaces secured weekdays under long-term lease across Broadway St. All remote electronic access, security, fire, and HVAC controls. Financials and tenant leases provided to serious inquiries only. Reach out to Eric.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$161 USD /SF

CAP RATE

6.97%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former City Hall

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Day Care Center, Medical, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

C

APN/PARCEL ID

41-02-32-024-055.000-026,41-02-32-024-143.000-026

ASK ABOUT THIS PROPERTY

Eric HarveyRandy Faulkner & Associates, Inc.More Info
317-509-9480

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Eric HarveyRandy Faulkner & Associates, Inc.More Info
317-509-9480

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