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Listed by Heather Bottorff Harmon • Doc Real Estate, Inc
$ 750,000
Est. payment | /mo
9,720 SqFt
$ 750,000
Est. payment | /mo
9,720 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 9,720 sqft
Price per Sqft $77
MLS Listing ID 22074689
Year Built 1905
Tax Year 2024
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Office
Property Description
ENTREPRENEURS, INVESTORS & OWNER-OCCUPANTS-DON'T MISS THIS OPPORTUNITY! Two commercial buildings on one parcel in a high-traffic location near Fountain Square, the new Community Justice Campus, downtown Indianapolis, and less than one mile from I-65. Seller has a survey allowing the buildings to be sold separately. Individual pricing is $550,000 for the approximately 7,200 sq. ft. blue building and $275,000 for the approximately 2,500 sq. ft. restaurant building, or purchase both for the package price of $750,000. The restaurant building is currently leased for $3,500/month, with tenant paying utilities. Lease expires July 2026, and the tenant has expressed interest in renewing. The approximately 7,200 sq. ft. building offers multiple suites (floor plan available), including former daycare space, professional offices with reception area, conference room and breakroom, plus warehouse/retail/service space. Previous uses include restaurant, church, daycare, professional offices, auto repair, convenience store, clothing store, and more. Seller previously collected over $13,000 per month when fully leased. With only one space currently occupied, buyers can choose their own tenants, operate their own business while generating rental income, or create a customized investment strategy. Future uses are subject to zoning and governmental approvals. Located approximately 1.5 miles from downtown and surrounded by redevelopment, this versatile property offers exceptional flexibility, visibility, and long-term potential. Bring your vision and entrepreneurial spirit-this could be your next GOLD MINE!
Location
State IN
County Marion
Zoning c-3
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Shingle
Building
Story 1
New Construction false
Schools
School District Indianapolis Public Schools
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Denise Wilson
REALTOR® | Lic# RB14030234
8310 Allison Point Blvd Suite 201, Indianapolis, IN, 46250, USA