1132 E. 16th Street
Retail-Commercial
for Sale
| Catylist Listing ID: |
30682422 |
| Property Subtypes: |
Car Wash, Free-Standing Building, Restaurant, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
|
| Building Size (RSF): |
1,536 SF
|
| Sale Price: |
$495,000 |
| Unit Price: |
$322.27 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Building Name: |
Former Car Wash |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/29/2023 |
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.
Site is considered by Indy DMD to be located on "transportationally significant thoroughfare," which permits less stringent parking ratios.
|
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 |
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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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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