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.

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

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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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