Mixed Used Building Opportunity with View of Downtown Indy

1146 S Kenwood Ave, Indianapolis, Indiana 46225

  • Property Subtypes Retail-Pad , Free-Standing Building , Mixed Use
  • Gross Building Area 21,643 SF
  • Building Name South Calvary Baptist Church
  • Building Status Existing
  • Sale Price $3,250,000.00 Total
  • Property Use Type Business
  • Class of Space N/A
  • Total Land Size 1.85 Acres
  • Sale Terms Purchase Money MortgageCash to Seller
  • Cap Rate Undisclosed
  • Last Updated 10/30/2020
  • Days on Market 504 Days
  • Status active

Overview / Comments

Amazing mixed use building complex opportunity on Indy's popular Old Southside. Property is sitting on a total of 1.66 acres of prime real estate that you won't find anywhere else with unobstructed downtown skyline views from Lucas Oil Stadium to the Sales Force Tower over to Eli Lilly's HQ. Opportunity to Include An Additional 3 Lots ( .19 Acres) for Total Acreage of 1.85 Acres. This South Calvary Baptist Church, organized in 1875, has served the neighborhood with pride. The church is eager to meet it's developer and enter a new chapter of joining the very highly sought after walkable downtown southside area; the Near South Gateway Economic Development Area. This new and upcoming area is a dream location <1 mile from interstate & steps away from downtown by many other major developments that are planned in the near future.

Agent Notes

Property for Sale includes 5 parcels totaling 1.66 Acres

Additional Details

  • Tax ID/APN 491111119033000101
  • Zoning C1 and D8
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 2
  • Year Built 1888
  • Year Renovated 1950
  • Land Ownership Owned by Church
  • Legal Description MC CARTYS SUB L126 THRU L134 EX 5' S END L134 FOR ST EAST PART OL120 (1 of 5 Parcels)
  • Zoning Description C1 and D8, Perfect for Multi Use Building - Retail on 1st Floor and Apartments/Condos Above

Additional Contacts

  • Secondary Contact:
    Daniel Cope:
    8915 S. Keystone Ave Ste A
    (317) 201-6323 csirealtyteam@yourrealtylink.com www.yourrealtylinkcommercial.com