550 East Washington Street

Expired Office for Sale
Catylist Listing ID: 30042000
Property Subtypes: Office Building
Building Size (RSF): 49,998 SF
Gross Building Area: See Agent
Sale Price: $8,000,000
Unit Price: $160.01 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Other
Cap Rate: Undisclosed
Expired On: 7/8/2017
Last Updated: 7/8/2017

Overview / Comments

located on 2.77 acres. The 49,998 square foot, class B, office
building is arranged over three floors with
ample windows. Each floor is approximately
14,000 square feet. The original building
was built in 1925 and home to a Chevrolet
dealership. The original pulley system to move
cars from floor to floor still exists. Building was
most recently updated in 2015-2016

<0.5 MILE // Monument Circle, Bankers Life
Fieldhouse, Circle Centre Mall, I-70
0.5-1 MILE // Indiana Convention Center,
Victory Field, Mass Ave
1-2 MILES // Lucas Oil Stadium, American
Legion Mall, IUPUI, White River Park,
Indianapolis Zoo
+ Quick access to I-70 and I-65, Monument
Circle and Downtown Indianapolis civic
and cultural landmarks, organizations, and
events
+ In fast growing eastern side of Downtown
with nearby Angie’s list HQ, Cummins
Regional HQ BTS, Flaherty & Collins
Property new 28 story apartment project
360 Market Square, new transportation
center, new Pacers practice facility next to
Bankers Life Fieldhouse, The Artistry I &
II, and many other exciting developments
planned
+ Within a 5 minute walk of nearly 100
restaurants, banks, fitness, retail, shopping,
and entertainment venues

Attachments & Media

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 49-11-01-133-009.000-101

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,847 119,088 287,112
Median Age: 33.77 33.74 34.69
Households: 8,211 47,673 115,218

Contact

Photograph of Listing Agent

Samuel F. Smith

Resource Commercial Real Estate ICREX Member
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