5450 W 86th St - Retail FOR SALE


Indianapolis, IN 46268
$2,500,000 USD
317-258-1399
5450 W 86th St, Indianapolis, IN for Sale
$2,500,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

5450 W 86th St
Indianapolis, IN 46268


HIGHLIGHTS

  • Value Add Oppurtunity
  • Development Oppurtunity
  • Road Frontage

OVERVIEW

This 3.05-acre property presents a fantastic value-add opportunity with both retail and industrial components, offering versatility and potential for increased returns. The retail site, zoned C4, consists of 15,000 square feet and is currently configured with 8 units, with the potential to be converted into 9 units. Most spaces are built out but would benefit from CAPEX improvements to modernize and maximize rental income. The industrial building, zoned I4, offers 6,300 square feet and is ideal for various industrial uses, providing flexibility for owner-users or tenants. This property is perfect for investors looking to enhance value through renovations and lease-up strategies. With strong zoning designations and ample space for improvements, this site is ready for its next phase of growth!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Value Add - Indianapolis Metro

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.05 AC

LAND SF

132,858 SF

ZONING

C4-I4

APN/PARCEL ID

49-04-13-109-039.000-600

ASK ABOUT THIS PROPERTY

Jason AlsupeXp RealtyMore Info
317-258-1399

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

Jason AlsupeXp RealtyMore Info
317-258-1399

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