This Office Property is Off-Market.

2101 S State
Indianapolis, IN 46203 ·

5,200 SF · Office For Sale

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Flex Space On I65/I70 Downtown Indy

Price N/A No. Stories 1
Building Size 5,200 SF Building Class B
Property Type Office Tenancy Single
Property Sub-type Office-Warehouse Year Built 1950
Property Use Type Investment Lot Size 11,250 SF
Commission Split 4% APN / Parcel ID 1064163
Cap Rate 5.62% Parking Ratio 15 / 1,000 SF
Listing ID: 16198759 Date Created: 04/19/2009 Last Updated: 04/02/2015

Description

Well-laid out, beautifully maintained 5,200 sq. ft building just 1 block from I-65/I-70 ramps in downtown Indianapolis.

Current tenant just signed 3-year lease, looking to purchase.

Well-located property, with 2,000 sq. ft. of warehouse, 2,000 sq. ft. of office/reception/conference space, and 1,500 sq. ft. of workshops. Zoned C-3, with 3 overhead doors & 16 ft. ceilings in warehouse, it also offers an adjacent vacant lot for later expansion, added parking, and more.

1 block from I-65 Raymond St. exit, 2 minutes from I-70, 10 minutes from Indianapolis International Airport, 1 block from major arterial (Raymond St.) in area zoned C-3 (medium commercial).

Highlights

  • 16 ft. ceilings in warehouse
  • 2 large workshop areas, one designed with equipment wash-down area
  • Recently renovated 2,000 sq. ft. front office/reception/conference area
  • Extra lot for added parking/expansion

Research

2101 S State, Indianapolis, IN 46203 (Marion County)

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