2955 Martin Luther King Jr Dr

Office for Sale
Catylist Listing ID: 30041177
Property Subtypes: Office Building
Building Size (RSF): 5,543 SF
Gross Building Area: See Agent
Sale Price: $250,000
Unit Price: $45.10 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2017

Overview / Comments

Previously a Chase Bank teller window location, this 5,543 +/- sq.
f t. brick façade building has access from Dr. Martin Luther King Jr
Drive and Eugene Street. Off heavily trafficked MLK Jr Drive are three
separate entrances with ample parking for business or office locations.
The zoning classification is C-4 Community-Regional Commercial
Distric t (compact area). Current deed restrictions prevent a fi -
nanicial institution, but this building is per fectly suited for several
professional office usages. Situated on a corner lot provides easy
access to accommodate this busy street in Indianapolis. Lot size for
this property is .68 acres (29,825 feet).

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 49-06-26-126-006.000-101

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,622 116,017 322,715
Median Age: 38.22 34.02 34.15
Households: 5,344 48,363 131,708

Contact

Photograph of Listing Agent

Thomas G. Kiritsis, II

R. P. Lux Co. Inc.
ICREX Member
Photograph of Listing Agent

Mychal Nation

R. P. Lux Co. Inc.
ICREX Member
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