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1145 E 22nd St 23,735 SF Flex Building Indianapolis, IN 46202 $1,500,000 ($63.20/SF)

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INVESTMENT HIGHLIGHTS

  • Charming 2-story brick building, features bright, open air offices, kitchen, elevator and courtyard
  • Surrounded by new residential development, single and multi-family
  • Ideal Owner Occupant Opportunity
  • Adjacent to the Monon Trail at 22nd Street
  • Martindale Brightwood Community

EXECUTIVE SUMMARY

As-Is Sale / Lender-owned Property
• Charming 2-story brick office building, renovated for Charter School use
• Building features bright, open-air offices, kitchen, elevator, with courtyard, (23,735 SF based on BOMA)
• Four (4) parcels combine for 0.95 AC, adjacent to the Monon Trail in Martindale Brightwood
• Adjacent warehouse property south of the building, 2130 Yandes St, not included in the sale
• Playground and parking lot east of the parcel are not a part of the property
• Join the neighborhood redevelopment along 22nd Street, the property is surrounded by new residential projects, and
sidewalk with bike lanes recently completed.
• As-is Sale Price: $64 PSF OPEX $7.60 PSF

DATA ROOM Click Here to Access

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Taxes - -
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,500,000
Price Per SF $63.20
Sale Type Owner User
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Freestanding
  • General Retail Storefront
  • Office Office Residential
Building Class C
Lot Size 0.95 AC
Rentable Building Area 23,735 SF
No. Stories 1
Year Built 1904
Parking Ratio 0.72/1,000 SF
Opportunity Zone Yes
Zoning CS - All land uses within the C-S Districts shall be limited to the use or uses specified in the applicable rezoning petition or ordinance restrictions.

AMENITIES

  • Courtyard
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-07-30-107-015.000-101
  • 49-07-30-107-015.001-101
Land Assessment
$375,400
Improvements Assessment
$1,900,600
Total Assessment
$2,276,000
  • Listing ID: 31736897

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 1145 E 22nd St, Indianapolis, IN 46202

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1145 E 22nd St

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