Krazy Klothes Freestanding Retail + Skyline Loft Project

Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30138404
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Other
Building Size (RSF): 18,136 SF
Gross Land Area: 0.64 Acres
Sale Price: See Agent
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/5/2017

Overview / Comments

* Two Buildings (totalling 18,136 SF) on 3 Parcels (totalling .643 acres)
* Building 1: 1106 S Meridian St., 6,000SF, Zoned C4
* Building 2: 1101 S Illinois St., 12,136 SF, Zoned D8
* Dedicated Parking
* Vacant lot included
* Unrivaled skyline view
* Interstate Visibility
* Within 1/2 mile of Eli Lilly Rolls Royce, Lucas Oil Stadium
* New market rate apartment project slated for the SWC of Meridian and Morris
* Krazy Klothes will consider leaseback and/or sale of business
* Old Southside and Stadium Village Neighborhood Associations extremely
active in promoting redevelopment. It's on the verge.
* Fantastic Live/Work Opportunity

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Submarket/Township: Center
Submarket Type: Redevelopment District
Tax ID/APN: 49-11-11-119-136.000-101
Zoning: C4/D8
Retail Clientele: General, Other
Property Located Between: Morris and I-70 Overpass on Meridian St
Property Visibility: Excellent
Largest Nearby Street: Meridian St
Tenancy: Single Tenant
Total Number of Buildings: 2
Construction/Siding: Other
Parking Type: Surface
Parking Description: Surface parking front/side. Partial shared parking with neighbor.
Sprinklers: None
Interior Description: see attached
Zoning Description: C4/D8
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,514 109,641 285,890
Median Age: 31.42 33.03 34.35
Households: 4,368 43,122 113,664

Contact

Photograph of Listing Agent

David A. Ellis

Bradley Company ICREX Member

Source

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