Center of Broad Ripple

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30753593
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 2,990 SF
Gross Land Area: 0.17 Acres
Sale Price: $850,000
Unit Price: $284.28 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: Broad Ripple Beauty
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/29/2021

Overview / Comments

Located at the SE corner of Main Street and Ferguson Street
Just off the canal in the heart of Broad Ripple with off street parking.
C-4 Zoning
Lower level office is divisible. Upstairs has excellent airbnb potential.
Walk to grocery, bars , restaurants and everything that Broad Ripple has to offer.

Attachments & Media

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $9,310 (Annual)
Tax Value Land $112,200
Tax Value Improvements $200,800
Assessed Value - Total($) $313,000 (Annual)
Finance Data Year 2013
Real Estate Taxes - Annual($) $9,175 (Annual)
Tax Value Land $112,200
Tax Value Improvements $203,800
Assessed Value - Total($) $316,000 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $8,711 (Annual)
Tax Value Land $116,000
Tax Value Improvements $166,900
Assessed Value - Total($) $282,900 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $10,274 (Annual)
Tax Value Land $149,600
Tax Value Improvements $184,100
Assessed Value - Total($) $333,700 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $9,021 (Annual)
Tax Value Land $59,900
Tax Value Improvements $248,300
Assessed Value - Total($) $308,200 (Annual)

Additional Details

Nearest MSA: Indianapolis-Carmel
County: Marion
Tax ID/APN: 49-03-36-125-013.000-801
Zoning: ZO01
Retail Clientele: General, Business, Tourist
Property Located Between: Broad Ripple canal and Main Street
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1989
Total Parking Spaces: 12
Parking Type: Surface
Parking Description: Parking is not striped
Sprinklers: None
Heat Source: Central
Zoning Description: C-4
Water Service: Municipal
Sewer Type: Municipal
Legal Description: JACKSON DAWSONS BROAD RIPPLE ADD L20

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,498 98,901 257,955
Median Age: 36.8 37.37 36.77
Households: 6,765 43,962 111,239

Contact

Photograph of Listing Agent

John Levinsohn

Levi Investment Realty, Inc.
ICREX Member
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