8001-8003 S Meridian St - Medical FOR SALE


Indianapolis, IN 46227- Linden Wood
$495,000 USD
317-442-5880
8001-8003 S Meridian St, Indianapolis, IN for Sale
$495,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

8001-8003 S Meridian St
Indianapolis, IN 46227
Linden Wood


HIGHLIGHTS

  • Conveniently located approximately seven minutes from Community Hospital South.
  • C-3 zoning allows for versatile commercial or medical office use.
  • Two direct access points onto South Meridian Street improve visibility and traffic flow.
  • On-site parking for 14 vehicles provides accessible patient and staff accommodation.
  • High traffic corridor with more than 30,000 vehicles per day promotes exposure.
  • Building improvements include a roof replacement in 2020 for long-term reliability.

OVERVIEW

This medical office property offers a unique owner-user opportunity in a convenient Indianapolis location. Situated less than a ten-minute drive from Community Hospital South, the site delivers excellent accessibility for healthcare providers and businesses seeking proximity to major medical resources. The single-story facility encompasses 1,960 square feet on a 1.20-acre site, providing flexibility for office or clinical layouts. Zoned C-3 for commercial and medical applications, the building sits along South Meridian Street, with direct ingress and egress to a well-traveled thoroughfare experiencing an average daily traffic count of 30,698 vehicles. Recent improvements add solid value, including a roof installed in 2020, ensuring durability and reduced capital expenditure for new ownership. The property includes 14 on-site parking spaces, supporting staff and patient convenience. Offered at $495,000, this asset combines affordability with strong locational attributes, making it an attractive choice for practitioners seeking control over their facility or investors interested in stable healthcare-driven demand.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,721 SF

ZONING

ZO01

APN/PARCEL ID

49-14-13-122-017.000-500

ASK ABOUT THIS PROPERTY

Peter SeoaneAvison YoungMore Info
317-442-5880

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Peter SeoaneAvison YoungMore Info
317-442-5880

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