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1001 Hosbrook St 6,765 SF Specialty Building Offered at $875,000 at a 9.09% Cap Rate in Indianapolis, IN 46203

Churches & Religious Facilities Indiana Indianapolis 1001 Hosbrook St, Indianapolis, IN 46203

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EXECUTIVE SUMMARY

Owner will carry. The building had operated as an event center. We purchased it with the intention of remodeling as a youth hostel. Complete interior demolition. All architectural and engineering plans are available. We obtained a zoning change allowing it to be repurposed for any business. Lots of parking available, location in proximity to bustling commercial area of Fountain Square. Unable to provide cap rate at this time. The interior is empty and ready for remodeling. All systems were removed. For questions we are available at the following phone numbers: 303-520-6727 720-280-6524
561-236-6782 561-312-6606. Texting accepted.

ATTACHMENTS

FS HOSTEL_kitchen_1206
HosbrookHostel_2021_MetalBunks
Hosbrook PArcel
Hostel Views

PROPERTY FACTS

Price $875,000 Lot Size 0.24 AC
Price Per SF $129.34 Building Size 6,765 SF
Sale Type Investment or Owner User No. Stories 3
Cap Rate 9.09% Year Built 1867
Sale Conditions
Build to Suit
  • Lease Option
  • Redevelopment Project
  • Building in Shell Condition
 Tenancy Single
Property Type Specialty Parking Ratio 2.81/1,000 SF
Property Subtype
Religious Facility
  • Specialty Movie Radio TV Studio
 Corridor Interior
Building Class B
Zoning MU-1 - Mixed use
Price $875,000
Price Per SF $129.34
Sale Type Investment or Owner User
Cap Rate 9.09%
Sale Conditions
Build to Suit
  • Lease Option
  • Redevelopment Project
  • Building in Shell Condition
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Movie Radio TV Studio
Building Class B
Lot Size 0.24 AC
Building Size 6,765 SF
No. Stories 3
Year Built 1867
Tenancy Single
Parking Ratio 2.81/1,000 SF
Corridor Interior
Zoning MU-1 - Mixed use
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (97)
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Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 49-11-12-236-273.000-101 Improvements Assessment $76,200
Land Assessment $92,200 Total Assessment $168,400

PROPERTY TAXES

Parcel Number
49-11-12-236-273.000-101
Land Assessment
$92,200
Improvements Assessment
$76,200
Total Assessment
$168,400
(720) 280-6524

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Contact the broker for more information about this property

CONTACT

  • Amedeo Luttwak
    Amedeo Luttwak
  • Amedeo Luttwak

  • Listing ID: 36810406

  • Date on Market: 7/18/2025

  • Last Updated:

  • Address: 1001 Hosbrook St, Indianapolis, IN 46203

More public record information on 1001 Hosbrook St, Indianapolis, IN 46203

The Fountain Square Specialty Property at 1001 Hosbrook St, Indianapolis, IN 46203 is currently available. Contact Amedeo Luttwak for more information.

SPECIALTY PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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