Catylist ID:
#30807398
Meridian Street Office or Retail
Office
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 30807398 |
| Property Subtypes: | Mixed Use |
| Building Size (RSF): | 6,135 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.54 Acres |
| Sale Price: | $505,000 |
| Unit Price: | $82.31 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Net Leased Investment (NNN) |
| Building Name: | 3020 S Meridian Street |
| Class of Space: | Class C |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Average Occupancy Rate: | 100 |
| Last Updated: | 6/5/2023 |
Overview / Comments
|
Great Location on Highly Traveled Meridian St/SR 135 Fully Leased ~ Revenue Producing Excellent Visibility With Frontage on Meridian St & Dedicated Entrance Well Maintained Buildings Good Opportunity for Owner/Occupant |
Attachments & Media
Financials
| Finance Data Year | 2010 |
|---|---|
| Real Estate Taxes - Annual($) | $840 (Annual) |
| Tax Value Land | $32,100 |
| Tax Value Improvements | $0 |
| Assessed Value - Total($) | $32,100 (Annual) |
| Finance Data Year | 2009 |
| Real Estate Taxes - Annual($) | $700.36 (Annual) |
| Tax Value Land | $32,100 |
| Assessed Value - Total($) | $32,100 (Annual) |
Additional Details
| Nearest MSA: | Indianapolis-Carmel |
| County: | Marion |
| Tax ID/APN: | 49-11-26-101-011.000-500 |
| Zoning: | COMMERCIAL SMALL |
| Property Located Between: | Meridian Street Just South of Raymond St |
| Property Visibility: | Excellent |
| Highway Access: | Close to I-65/Raymond St Interchange |
| Airports: | Indianapolis |
| Area Description: | Surrounding Area: Retail, Office, Restaurants, Residential, Small Business, Parks |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 6,135 SF |
| Year Built: | 1970 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Parking Type: | Surface |
| Zoning Description: | Commercial Small |
| Lot Frontage: | 145 Feet |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | TRI SAB MANOR 55FT E SIDE L2 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 7,729 | 94,119 | 268,093 |
| Median Age: | 38.47 | 33.24 | 34.42 |
| Households: | 3,402 | 35,871 | 106,597 |
Contact
Jackie Tinnerman BriggsLynn Properties, LLCICREX Member |
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