3415 English Ave - Retail FOR SALE


Indianapolis, IN 46201- Near Southeast
$2,000,000 USD
317-236-9172
3415 English Ave, Indianapolis, IN for Sale
$2,000,000 USD
Retail - FOR SALE
1/11
null | Request Cap Rate

3415 English Ave
Indianapolis, IN 46201
Near Southeast


HIGHLIGHTS

  • Flexible Owner-User, Medical, Service Commercial, or Redevelopment Opportunity
  • Adjacent to Community Justice Campus and Near Eskenazi Health Expansion
  • Opportunity Zone Designation
  • Strong Visibility and Access Along English Avenue Corridor
  • Existing Structure Allows Immediate Occupancy or Phased Repositioning
  • Rare Large-Scale Infill Commercial Site Near Downtown Indianapolis

OVERVIEW

RP Lux is pleased to present 3415 English Avenue, a rare large-scale commercial opportunity offering approximately 3.32 acres with an existing 32,000 square foot building in a rapidly evolving Indianapolis corridor. Positioned directly adjacent to major institutional investment including Community Justice Campus and the nearby Eskenazi Health expansion, the property is ideally situated for buyers seeking a strategic owner-user location, medical or service commercial conversion, flex commercial use, or long-term redevelopment potential. The site benefits from valuable C4 commercial zoning, allowing for a wide variety of commercial, retail, medical, office, and mixed-use applications. The existing building provides immediate utility for occupancy, phased repositioning, or adaptive reuse while preserving the long-term upside of the land itself. With over 3 acres of commercially zoned land, strong accessibility, and proximity to downtown Indianapolis, this offering presents a unique opportunity to acquire a flexible commercial asset in the direct path of continued public and private reinvestment. Ownership is motivated to sell and welcomes discussion with qualified buyers seeking immediate use, repositioning potential, or redevelopment opportunities. Investment highlights ±3.32 Acres of C4 Commercial Land ±32,000 SF Existing Single-Story Building Flexible Owner-User, Medical, Service Commercial, or Redevelopment Opportunity Adjacent to Community Justice Campus Near Eskenazi Health Expansion Opportunity Zone Designation Strong Visibility and Access Along English Avenue Corridor Existing Structure Allows Immediate Occupancy or Phased Repositioning Rare Large-Scale Infill Commercial Site Near Downtown Indianapolis

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

3.32 AC

LAND SF

144,619 SF

ZONING

C4

APN/PARCEL ID

49-10-08-144-007.000-101

ASK ABOUT THIS PROPERTY

Steve FlanaganR.P. Lux Company, Inc.More Info
317-236-9172

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Steve FlanaganR.P. Lux Company, Inc.More Info
317-236-9172

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