3641 Ridge Rd - Medical CONDO FOR SALE


Highland, IN 46322
$255,000 USD
219-614-3529
3641 Ridge Rd, Highland, IN for Sale
$255,000 USD
Medical CONDO - FOR SALE
1/25
null | Request Cap Rate

3641 Ridge Rd
Highland, IN 46322


OVERVIEW

This is a 5 unit medical office building with one condo unit for sale. Property is ideal for a single practice or part of a medical group. Unit #1 on the east side of the building is +/- 1,476 Gross SF and includes a Tenant storage area in a detached garage on site. Interior build out features a waiting room, business office in front, patient file area, 3 exam rooms, Surgical room, consultation office and lab/office room, kitchen, 2 bathrooms. Utility room has a sink. Plenty of parking in front and rear of building (85 spaces). Building has a Property Owners Association. POA is $240.00/mo. Located in Highland on the northwest corner of Ridge Road and Orchard Ave. 1 mile East of Kennedy Avenue and 1/3 mile West of Cline Avenue which provides direct access to Interstate 80/94. 2 miles to I-80/90, 1.4 miles east of Indianapolis Blvd., 6 miles N of U.S. Highway 30. 2025 INDOT traffic counts 16,940 cars/day.

FOR SALE DETAILS

PRICE

$255,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Ridge Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

10,000 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

PB

APN/PARCEL ID

45-07-22-452-003.000-026,45-07-22-452-004.000-026

ASK ABOUT THIS PROPERTY

Adam KarrasCommercial In-Sites LLCMore Info
219-614-3529

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Adam KarrasCommercial In-Sites LLCMore Info
219-614-3529

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