903 E Hanna Ave - Fast Food FOR SALE


Indianapolis, IN 46227- North Perry
$1,100,000 USD
805-990-9940
903 E Hanna Ave, Indianapolis, IN for Sale
$1,100,000 USD
Fast Food - FOR SALE
1/9
null | Request Cap Rate

NEW


903 E Hanna Ave
Indianapolis, IN 46227
North Perry


HIGHLIGHTS

  • Drive Through
  • Signage
  • Frontage
  • Easy In and Out

OVERVIEW

This is a unique opportunity to purchase a drive through restaurant building on .93 (almost a full acre) on prime real estate with frontage to E. Hanna Ave. Just blocks from the University and acoss the street from DMV. Prior use was a KFC which is now dark. The property was partially gutted by vandalisum and needs electrical, hvac, and plumbing. There are generous price concessions available for the right buyer. Seller will provide a 5 year "seller carry" 1st trust deed interest only incentive for a serious buyer. The building has a new roof, and repaved parking lot. It is no secret that this property needs work. The building is perfect for redevelopment on its one acre +/- lot with great egress and ingress. Contact Asset Manger S&R Indy, LLC / Agent for Ownership for showing.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

KFC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

ZO01

APN/PARCEL ID

49-11-36-105-019.000-574

ASK ABOUT THIS PROPERTY

Randall BarondessRE/MAX ONEMore Info
805-990-9940

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Randall BarondessRE/MAX ONEMore Info
805-990-9940

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