7515 E. Washington Street
Retail-Commercial
for Sale
| Catylist Listing ID: |
30820719 |
| Property Subtypes: |
Free-Standing Building, Street Retail
|
| Building Size (RSF): |
3,448 SF
|
| Gross Land Area: |
0.76 Acres
|
| Sale Price: |
$650,000 |
| Unit Price: |
$188.52 PSF |
| In Opportunity Zone? |
Yes |
| Has Drive-Thru? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Former Ace Rent-A-Car |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/2/2023 |
Overview / Comments
|
Freestanding 3,448 square feet building on 0.74 acres for sale or lease. Excellent visibility and access to E. Washington Street. Located between I-465 and Shadeland Avenue in an opportunity zone. Washington Street has a great traffic count of 24,226 vehicles per day. Zoned C-4 making the property an ideal location for a retail business or fast food, QSR or sit-down restaurant.
|
Financials
| Finance Data Year |
2011 |
| Real Estate Taxes - Annual($) |
$10,028 (Annual) |
| Tax Value Land |
$128,300 |
| Tax Value Improvements |
$226,100 |
| Assessed Value - Total($) |
$354,400 (Annual) |
Additional Details
| Nearest MSA: |
Indianapolis-Carmel-Anderson |
| County: |
Marion |
| Submarket/Township: |
Warren |
| Taxing Authority: |
Marion County |
| Tax ID/APN: |
49-10-01-118-039.000-700 |
| Zoning: |
C-4 |
| Retail Clientele: |
General |
| Property Located Between: |
I-465 and Shadeland Avenue |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Shadeland Avenue |
| Feet of Frontage: |
218 |
| Traffic/Vehicle Count: |
24,226 |
| Highway Access: |
I-465 |
| Airports: |
Indianapolis International |
| Area Description: |
The Indianapolis east side is known for its population of many different cultures while offering many opportunities for entrepreneurs and family-owned businesses. The east side contains many established neighborhoods with historic homes and parks. Warren Central school system is located on the east side of Indianapolis and is known for its excellent sports programs and offering a solid educational experience to all students. |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
3,448 SF |
| Property Condition: |
Fair |
| Year Built: |
1979 |
| Roof Type: |
Arched |
| Construction/Siding: |
Block |
| Parking Type: |
Surface |
| Zoning Description: |
C-4 allows for most commercial retail uses including restaurants and assorted retail uses |
| Lot Frontage: |
218' |
| Legal Description: |
PT W1/2 SE1/4 S1 T15 R4 BEG 185FT E & 20TH S OFNW COR S 144FT E 238.69FT N 106.38FT NWERLY 64.7FTW 188.1FT TO BEG 0.755AC |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,110 |
75,530 |
243,571 |
| Median Age: |
45.32 |
37.63 |
34.73 |
| Households: |
2,987 |
30,707 |
94,949 |
|
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Neither Indiana Commercial Board of REALTORS® nor
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