Owner-User/Investment Opportunity
Industrial
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30745328 |
Property Subtypes: |
Flex Space, Light Industrial
|
Status: |
Pending/Contingent |
Building Size (RSF): |
9,054 SF
|
Gross Land Area: |
1.41 SF
|
Sale Price: |
$425,000 |
Unit Price: |
$46.94 PSF |
Drive In Bays: |
1 Bay |
Property Use Type: |
Investment, Vacant/Owner-User |
Sale Terms: |
Undisclosed |
Cap Rate: |
Undisclosed |
Last Updated: |
4/12/2022 |
Overview / Comments
This property is an ideal owner/user or investment opportunity on Indianapolis' eastside. The property is located on Massachusetts Avenue, just east of Arlington Avenue and south of 38th Street.
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Additional Details
Nearest MSA: |
Indianapolis-Carmel-Anderson |
County: |
Marion |
Tax ID/APN: |
49-07-23-120-001.000-700; 49-07-23-120-026.000-700 |
Zoning: |
I2 |
Area Description: |
This property is located 0.4 miles northeast of the intersection of Arlington Avenue and Massachusetts Avenue, south of 38th Street in Indianapolis, IN. It is situated around existing industrial and other commercial properties along Massachusetts Avenue. |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
3 |
Number of Stories: |
1 |
Property Condition: |
Fair |
Year Built: |
1955 |
Roof Type: |
Flat |
Construction/Siding: |
Block, Metal Siding, Wood Frame |
Parking Type: |
Surface |
Overhead Cranes: |
Undisclosed |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,775 |
108,573 |
293,728 |
Median Age: |
34.24 |
36.14 |
35.49 |
Households: |
3,828 |
44,323 |
120,526 |
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