3833 N. Illinois Street

Retail-Commercial for Sale
Catylist Listing ID: 30682477
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 7,744 SF
Gross Land Area: 0.35 Acres
Sale Price: See Agent
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Ace Hardware
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/30/2023

Overview / Comments

Freestanding building available for sale or lease in the heart of Meridian Kessler and Butler Tarkington neighborhoods in Indianapolis, Indiana. Just 1/2 a block from 38th Street (major east west corridor) with traffic counts over 40,000 VPD. The property has great visibility, easy access and is located in a densely populated residential neighborhood.

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Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Taxing Authority: Marion County
Tax ID/APN: 49-06-13-150-017.000-801
Zoning: C-4
Retail Clientele: General, Business
Property Located Between: Meridian Street and Capitol Avenue
Property Visibility: Excellent
Largest Nearby Street: 38th Street
Feet of Frontage: 76
Traffic/Vehicle Count: 40
Highway Access: I-465
Airports: Indianapolis International
Site Description: Freestanding building available for sale or lease in the heart of Meridian Kessler and Butler Tarkington neighborhoods in Indianapolis, Indiana. Just 1/2 a block from 38th Street (major east west corridor) with traffic counts over 40,000 VPD. The property has great visibility, easy access and is located in a densely populated residential neighborhood.
Area Description: The Meridian Kessler and Butler Tarkington neighborhoods are located in central Indianapolis. The area is a highly desirable residential neighborhood known for its great public and parochial schools and walkability to numerous neighborhood centers supporting the area. The Meridian Kessler and Butler Tarkington neighborhoods also are home to Butler University with a student population of over 5,000.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,744 SF
Property Condition: Good
Year Built: 1937
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Masonry
Total Parking Spaces: 17
Parking Type: Surface
Parking Description: Surface
Zoning Description: Allows for most commercial uses.
Lot Frontage: 76
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,798 112,020 308,717
Median Age: 35.81 35.54 35.3
Households: 7,805 47,965 128,032

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