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10455-10499 N College Ave 12,385 SF Office Building Carmel, IN 46280 $4,200,000 ($339.12/SF)
Executive Summary
I am pleased to present this fully renovated commercial building located in Carmel, IN. This 12,385 sq. ft. property, originally built in 1968, has undergone extensive renovations over the last two years. Key details of the property include: Structure: A two-story building featuring comprehensive interior and exterior updates including new flooring, walls, drywall, doors, windows, and restrooms. Infrastructure: Updated plumbing, electrical systems, external brickwork, concrete work, and select HVAC duct runs. Amenities: Two tankless water heaters, two water softeners, and four kitchens (including two fully washable commercial kitchens). Systems: Four residential furnaces and six AC units in good working condition. Special Features: ADA compliance, scalding devices, and solar external lighting. Roof: Primarily shingle with rubber membrane on the flat, no-slope portions. Please let me know if you would like to schedule a viewing or if you require additional information.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
12,385 SF
Building Class
C
Year Built
1968
Price
$4,200,000
Price Per SF
$339.12
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
6,193 SF
Building FAR
0.35
Lot Size
0.82 AC
Zoning
B-1 Commercial - Business Commercial B-1 Commercial
Parking
25 Spaces (2.02 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 29-13-12-102-031.000-018 | Improvements Assessment | $716,500 |
| Land Assessment | $207,500 | Total Assessment | $924,000 |
Property Taxes
Parcel Number
29-13-12-102-031.000-018
Land Assessment
$207,500
Improvements Assessment
$716,500
Total Assessment
$924,000
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10455-10499 N College Ave
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