646 Massachusetts Ave - Office FOR SALE
Indianapolis, IN 46204 |
646 Massachusetts Ave
Indianapolis, IN 46204
HIGHLIGHTS
- VALUE ADD THROUGH LEASE UP – The building is currently ±10% occupied by one retail tenant in ±562 SF.
- PROXIMITY TO DOWNTOWN – The property is located in the Mass Ave Corridor surrounded by restaurants, bars, significant housing redevelopment.
- ADDITIONAL DEVELOPMENT POTENTIAL – The property has additional land to develop more density – townhomes, multifamily, or even additional retail
- PARKING ON SITE – The property currently has 10+ parking spaces, providing an amenity to potential operators or tenants that isn’t readily available
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Mixed-use High Street Retail/office
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
5466
STORIES
2
BUILDING CLASS
B
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.29 AC AC
LAND SF
12,632 SF
ZONING
-
APN/PARCEL ID
49-11-01-116-002.000-101,49-11-01-116-003.000-101
