317-938-3321
8450 N Payne Rd, Indianapolis, IN for Sale
Assisted Livings - FOR SALE
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8450 N Payne Rd
Indianapolis, IN 46268
Augusta


HIGHLIGHTS

  • Presently zoned CS
  • Large meeting/congregating spaces
  • Private outdoor garden patios and meditation walking path

OVERVIEW

The property is offered for sale featuring 30,888 square feet across Suites 100 and 200, including a 25,376-square-foot inpatient center and 5,512 square feet of office space, situated on 14.19 acres with future expansion potential. Formerly operated as a hospice facility, the asset is well-suited for behavioral health, post-acute, or assisted living uses and includes 25 bedrooms with private lavatories and sinks, with the ability to increase the bedroom count. Additional features include large meeting and congregating areas, private outdoor garden patios, and a meditation walking path. The site is currently zoned CS.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Hope of Indiana

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

14.19 AC

LAND SF

618,116 SF

ZONING

CS

APN/PARCEL ID

49-03-19-123-019.000-600

ASK ABOUT THIS PROPERTY

Megan MartinColliersMore Info
317-938-3321

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Megan MartinColliersMore Info
317-938-3321

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