1132 E. 16th Street

Retail-Commercial for Lease
Catylist Listing ID: 30683082
Property Subtypes: Car Wash, Day Care Facility, Free-Standing Building, Restaurant, Service Station/Gas Station, Street Retail, Vehicle Related
Contiguous Space: 1,536 SF
Building Size (RSF): 1,536 SF
Lease Rate: $50,000 (Annual)
$32.55 PSF (Annual)
Base Monthly Rent: $4,166
Lease Types: NNN
In Opportunity Zone? Yes
Building Name: Former Car Wash
Last Updated: 12/1/2023

Overview / Comments

Freestanding 1,536 sf former automotive building on 1/4 acre in hot Monon 16 district one block east of the Monon Trail. Zoned C5.

Ideal for restaurant, retail, automotive, etc, uses and/or residential redevelopment. Adjacent to recent $20m Monon Lofts development ready for renovation and its next life in this hot redevelopment district.

Site is considered by Indy DMD to be located on "transportationally significant thoroughfare," which permits less stringent parking ratios.

Expand All Available Space

Available Space 1,536 SF $50,000 (Annual) NNN
Space Available: 1,536 SF
Lease Rate: $50,000 (Annual)
$32.55 PSF (Annual)
$4,166 (Monthly)
Lease Type: NNN
Space Description: Former automotive building available for redevelopment - retail, office, or residential.
Date Available: 1/15/2021
Space Type: Relet

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 49-07-31-213-359.000-101
Zoning: C5
Site Description: Freestanding 1,536 sf former automotive building on 1/4 acre in hot Monon 16 district one block east of the Monon Trail. Zoned C5. Ideal for restaurant, retail, automotive, etc, uses and/or residential redevelopment. Adjacent to recent $20m Monon Lofts development. Site is considered by Indy DMD to be located on "transportationally significant thoroughfare," which permits less stringent parking ratios.
Zoning Description: C5

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,348 127,499 292,352
Median Age: 34.52 34.44 35.2
Households: 7,515 52,888 118,955
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