1728 W 16th St, Indianapolis, IN 46202

1728 W 16th St, Indianapolis, IN 46202, USA
$919,000

Basics

Area 6964 sq ft Lot size 19689 sq ft Year built 1953 Year remodeled 2016

Description

  • Description:

    This freestanding office or commercial building, situated on ± 0.45 acres (± 19,689 SF per assessor), presents a compelling opportunity for commercial or industrial use, particularly given its C-5 zoning suitability, which is among the most desirable commercial classifications in Indianapolis. The property is located in close proximity to I-65, offering ease of access and logistical advantages.

    Key Features & Strengths:

    • Structural Integrity & Layout: The building retains good bones, and the conference room remains intact. 
    • Location & Zoning: The property is well-positioned for C-5 zoning, allowing for a variety of high-value commercial and industrial uses. 
    • Site Enhancements:

      • Completely renovated in 2016 with significant capital improvements.
      • Newly paved and dedicated parking lot.
      • New windows, fencing, and gates added for security and aesthetics.
      • Drive-in door and dock, along with outdoor storage area for flexible operational use.
      • Monument signage in place for branding and visibility.

    • Connectivity & Accessibility:

      • Adjacent to Riverside Regional Park and in proximity to 16Tech, a growing innovation district.

    • Interior & Collaboration Spaces:

      • Features multiple conference and collaboration areas.
      • Includes an open ceiling and a glass-front conference room that enhances natural light and aesthetic appeal.

    Whether you're an investor seeking income potential or an owner-user ready to establish your presence in a booming area, this property presents a compelling opportunity with value-add potential.

    Don't miss your chance to own a piece of Indianapolis’ urban growth story—schedule your private tour today.

Location

Documents

  • Documents:
    1728-W-16th-St-Indianapolis-IN-46202-1.pdf 8.12 MB

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