4550 Allisonville Rd - Office FOR SALE


Indianapolis, IN 46205- Millersville
$471,770 USD
317-429-7576
4550 Allisonville Rd, Indianapolis, IN for Sale
$471,770 USD
Office - FOR SALE
1/4
null | 10% Cap Rate

4550 Allisonville Rd
Indianapolis, IN 46205
Millersville


OVERVIEW

- Two-Tenant Retail Building featuring established, locally operated businesses — Infinity Hair Studio and Pride Photography - Stabilized Investment: Both tenants have operated at this location for over 10 years and reimburse for CAM, Taxes, and Insurance - Value-Add Potential: Current rents are below market, offering opportunity for future rent growth - Positioned along Allisonville Road (19,300 VPD) and 46th Street (10,900 VPD) with new, fully leased apartments directly behind the property - 10 minutes to Downtown Indianapolis and 2 minutes to the Indiana State Fairgrounds and Fall Creek Parkway (23,400 VPD)

FOR SALE DETAILS

PRICE

$471,770 USD

PRICE/SF

$157 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1916

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

C-3

APN/PARCEL ID

49-07-17-100-022.000-801

ASK ABOUT THIS PROPERTY

Phoebe AaronVeritas RealtyMore Info
317-429-7576

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Phoebe AaronVeritas RealtyMore Info
317-429-7576

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