1277 W. 29th Street

Industrial for Sale
Also listed as Office
Catylist Listing ID: 30837333
Property Subtypes: Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 60,000 SF
Gross Land Area: 2.90 Acres
Sale Price: $1,200,000
Unit Price: $20 PSF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: 29th ST - Industrial
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/15/2023

Overview / Comments

One major tenant. Agent is Owner. Low lease rates,

Current Tenants

Tenant Business Name Nine 13 Sports
Tenant Business Name Total Home Maintenance
Tenant Business Name MT Enterprises

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Submarket Type: Central Business District
Tax ID/APN: 49-06-27-108-177.000-101
Zoning: I-2
Market Type: Large
Property Located Between: I-65 and White River
Side of Street: South
Road Type: Paved
Transportation: Bus, Highway
Highway Access: Approx 1 mile to I-65
Airports: IND
Site Description: Flat land
Area Description: Mix of industrial and residential
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Fair
Roof Type: Other
Construction/Siding: Block, Brick
Parking Type: Surface
Legal Description: BRADEN ETAL NORTH INDPLS ADD L16 B14 & 1/2 VACALLEY S & ADJ

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,624 113,168 321,283
Median Age: 38.12 33.76 33.83
Households: 3,518 46,877 130,359

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