Basics
Area 6964 sq ft | Lot size 19689 sq ft | Year built 1953 | Year remodeled 2016 |
Description
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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.
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