517-521 E Walnut St - Storefront Retail/Office FOR SALE


Indianapolis, IN 46202- Chatham Arch
$2,500,000 USD
317-281-2514
517-521 E Walnut St, Indianapolis, IN for Sale
$2,500,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

517-521 E Walnut St
Indianapolis, IN 46202
Chatham Arch


HIGHLIGHTS

  • Prime Downtown Location
  • Open Layout
  • Possible Rooftop Addition

OVERVIEW

**Prime Commercial Property off of Mass Ave. in Indianapolis’ Chatham Arch Neighborhood** Located just off Massachusetts Avenue, this versatile 2-story building with a full basement offers approximately 8,000 square feet of flexible space. The property is situated in the vibrant Chatham Arch Neighborhood, an area experiencing significant growth and development, particularly along the Massachusetts Avenue corridor, which is renowned for its entertainment, business, and cultural amenities. Zoned C4 and currently operating as a furniture and home store, the property supports a wide range of uses, including Community, Healthcare, Business(Office), Home, Personal Services, Food & Beverage, and Retail Sales. An added feature is the potential for a rooftop addition, offering spectacular views of the Indianapolis skyline, ideal for creating a landmark or unique space. With its prime location on a bustling corridor and its adaptable layout, this property presents a compelling opportunity for investors or operators looking to establish a presence in one of Indianapolis’ most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

C-4

APN/PARCEL ID

49-11-01-168-013.000-101

ASK ABOUT THIS PROPERTY

Robert ButcherKW Commercial - G2 Real Estate GroupMore Info
317-281-2514

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Robert ButcherKW Commercial - G2 Real Estate GroupMore Info
317-281-2514

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