4700-4702 Southeastern ave - Light Distribution FOR SALE


Indianapolis, IN 46203- Near Southeast
$355,000 USD
317-443-5016
4700-4702 Southeastern ave, Indianapolis, IN for Sale
$355,000 USD
Light Distribution - FOR SALE
1/15
null | Request Cap Rate

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4700-4702 Southeastern ave
Indianapolis, IN 46203
Near Southeast


HIGHLIGHTS

  • Corner Lot, Excellent Visibility and Frontage along Southeastern & Drexel Avenues
  • Two Contiguous Parcels – 0.7 Acres Total - w/1,890 SF Office, w/1,935 SF attached storage and 1,444 SF Outbuilding - 8,798 Vehicles/Day
  • Permanent Zoning Variance for Auto Repair (D-3 Variance) - contractor’s office for 50-years - probable C-3 zoning approval from City
  • New $42,000+ membrane roof, gutters, downspouts, and skylights on the main building, (transferable 20-year manufacturer’s warranty)
  • 2017 Improvements: $20,000+ invested in new rubber roofs (1,935 SF storage building and 1,444 SF outbuilding)
  • Private security camera system (monitored by Indiana Alarm) and perimeter security fencing across most of the site

FOR SALE DETAILS

PRICE

$355,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1949

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.7

LAND SF

30,492

ZONING

D-3 Variance Auto Repair

APN/PARCEL ID

49-10-16-126-001.000-101

ASK ABOUT THIS PROPERTY

Michael HuffKW CommercialMore Info
317-443-5016

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Michael HuffKW CommercialMore Info
317-443-5016

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