Indianapolis IN Commercial for Sale
$1,280,000
141 N Shortridge Road Indianapolis, IN 46219
- Type:
- Office
- Sq.Ft.:
- 12,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.6 Acres
- Year built:
- 1974
- Baths:
- MLS#:
- 22000001
ADDITIONAL INFORMATION
This turnkey commercial property, comprising two buildings with a total of 10 Offices and 8 half-baths on a 1.6-acre lot, offers an excellent investment opportunity just 0.4 miles from I-465. Occupied by medical businesses, both buildings received upgrades in February 2024, including HVAC systems, heaters, paint, and carpet. Building 141 is equipped with a stair lift, enhancing accessibility on both levels for patients and staff. The expansive lot provides potential for additional development, allowing for permitted uses. This robust investment will boast a 8+ Cap rate once fully rented out providing significant cash flow. Offering Memorandum attached in the Document section.
$2,500,000
479 S Ritter Avenue Indianapolis, IN 46219
- Type:
- Mixed Use
- Sq.Ft.:
- 15,099
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.91 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- 21988357
ADDITIONAL INFORMATION
Mixed Use Property with Retail, Office, and Warehousing Located 3 Miles from 465 on the East Side of Indianapolis. C-5 Zoning allows for Retail, Office, Auto Fuel, Repair, Logistics, Excavators, Roofing Contractors, and more! Property Consists of 10 Parcels, nearly with 3 Buildings Totaling over 15,000sf! Front Building is Retail and Office divided into 4 Suites, 2 Garage Doors and 1 Forklift Access Door. HVAC and Roof Membrane approximately 5 years old. Fence with multiple gate access points allows for secured equipment parking. North Office: 3 Offices, 1 Restroom, 1 Conference Room, 1 Fork Lift Door Ste A: Unfinished Retail Ste B: 6 Offices, 1 Conference Room, Kitchenette, 2 Restrooms, 1 Shower Ste C: 57'x52' Open Space, 2 10'x10' Offices, One 8ft Garage Door Building 2: Garage 70' x 40', 14'5" CH, Two 12' Garage Doors. Building 3: 52'x36' Storage Garage, 17'CH, One 12' Garage Door
- Type:
- Other
- Sq.Ft.:
- 1,950
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- 21958485
ADDITIONAL INFORMATION
Just Reduced! Wow! An Auto Body Shop Business & Irvington Staple Since 1929! Originally the Sheridan Ave Garage & 6-7 other names since. Mostly Delk's Body Shop since 1969. You are not likely to ever find an opportunity for this price at a location like this! The price has been discounted for needed updates. Building has been operating as business to date, but will need general updates to bathroom, plumbing, electrical and heating as new owner moves forward. Air Compressors & miscellaneous equipment will be included at sale price but some minor contents to be removed. Features a Large 12 Foot Overhead Door & large open work space inside for 4-5 car working capacity with room left over. 11x9 Office at front of building & a 6x6 bathroom space in the rear of the building. Had overhead natural gas heat in the past, but units would need repair or replacing. This is a solid block building with a recently painted exterior. Rubber roof & driveway in last 10-12 years. Mostly needs interior clean out & mechanical updating. Staked Survey included & a recent property line correction with deeded correction in December 2023. Note: A much smaller Auto Body Shop in the 2300 block of US 40 sold for $360,000 in 2022 and was a just a metal panel framed building, quite inferior to 8 N. Sheridan structurally & in size, but that building was updated. A Minimum 48 hours notice to show is required & written Proof of funds to purchase are required prior to showing. AGENTS: "Do not pull or step onto premises without prior authorization", building is monitored. Sold strictly "As Is", Cash. Inspections for informational purposes only. Non-refundable Earnest Money, 5% required upon acceptance. Prelim title insurance with First American Title. See attachments for other details. NOTE: We were offering the Auto Body shop at 8 N. Sheridan Ave & the corner building at 6138 E. Washington as a pair for $350,000, the corner building & lot have sold. Only the Auto Body Shop is for sale now.
- Type:
- Mixed Use
- Sq.Ft.:
- 2,560
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.32 Acres
- Year built:
- 1968
- Baths:
- MLS#:
- 21961517
ADDITIONAL INFORMATION
Great concrete Block building. Roof is newer. Current Zoning is D5 but the City Comprehensive Plan calls for a C1 Zoning. Originally built as a Village Pantry. All interior walls are believed to be non supporting. Gutter on rear to be repaired. Sprinkler System installed but not currently functioning.
- Type:
- Retail
- Sq.Ft.:
- 2,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1969
- Baths:
- MLS#:
- 21959351
ADDITIONAL INFORMATION
- Type:
- Retail
- Sq.Ft.:
- 1,974
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.64 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- 21951259
ADDITIONAL INFORMATION
Income producing investment property with tenant in place.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Indianapolis Real Estate
The median home value in Indianapolis, IN is $135,200. This is lower than the county median home value of $140,700. The national median home value is $219,700. The average price of homes sold in Indianapolis, IN is $135,200. Approximately 46.36% of Indianapolis homes are owned, compared to 40.52% rented, while 13.13% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!
Indianapolis, Indiana 46219 has a population of 853,431. Indianapolis 46219 is less family-centric than the surrounding county with 26.35% of the households containing married families with children. The county average for households married with children is 26.59%.
The median household income in Indianapolis, Indiana 46219 is $44,709. The median household income for the surrounding county is $44,869 compared to the national median of $57,652. The median age of people living in Indianapolis 46219 is 34.1 years.
Indianapolis Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 42.7 inches per year, with 21.9 inches of snow per year.