Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1175 W 16th St
Indianapolis, IN 46202
Industrial Property For Sale

Save this listing!

Favorite this listing to get notified of price updates, new media and more

Investment Highlights

  • Heavy traffic flow
  • Open plan with exposed brick walls
  • Close proximity to downtown hospitals and IUPUI
  • Immediate availability
  • Entry point to the upcoming 16 Tech Innovation District

Property Facts

Sale Type Investment
Sale Conditions
Build to Suit
  • Redevelopment Project
  • Building in Shell Condition
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Service
Building Class C
Lot Size 0.93 AC
Rentable Building Area 15,900 SF
No. Stories 1
Year Built 1947
Tenancy Single
Parking Ratio 1.26/1,000 SF
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 5
Opportunity Zone Yes
Zoning C-7 - High Intensity Commercial District

Amenities

  • Bus Line
  • Fenced Lot
  • Floor Drains
  • Security System
  • Yard
  • Storage Space

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City Water
  • Sewer - City Sewer
  • Heating - Gas

About 1175 W 16TH ST , INDIANAPOLIS, IN 46202

Located in a high traffic corridor of the near west side of Indianapolis, and just outside of the 16 Tech Innovation District. This property has great potential for many applications as this area is ever growing and expanding. It is also located just three miles east of the Indianapolis Motor Speedway, which attracts thousands of visitors to the city of Indianapolis annually. This property is currently set up for an industrial equipment sales & service center, but can easily be converted to suit other needs. The property contains: Total Square Footage +/- 15,900 +/- 3,100 ft. sq. Front office space (approx. 8'8" Drop Ceiling) +/- 1,500 ft. sq. Large storage room (approx 9'10" Ceiling Height) with a manual overhead door (6'10" tall X 6'4" wide) in back on Northeast side of building off of alley - ideal for Shipping/Receiving Department or Parts Department +/- 6,300 ft. sq. Main warehouse area /workshop (approx 14' ceiling height) with office space on main floor along with an option for a break-room or 2nd office upstairs +/- 5,000 ft. sq. Large unobstructed secondary/south warehouse - steel construction with concrete flooring (14' - 20' ceiling height from outside walls to center) Large outside green space area with 6-foot security fence A large rear parking area or loading/unloading lot for easy access to the exterior dock Large exterior concrete dock for loading/unloading semi-trailers (previously used to load/unload forklift trucks) 5 drive-in high-bay electric overhead doors (the three in main warehouse are approx 12'5" tall X 10'5" wide; the two in the secondary/south warehouse are approx 13'5" tall X 12' wide) One manual, locking overhead door in inventory room for easy access to load/unload into storage room (approx 6'10" tall x 6'4" wide) Approximately 30 parking spaces Overhead radiant heaters in both warehouses (natural gas powered) Air compression & hosing ran to several posts in the warehouse with a large air compressor located in the secondary warehouse Single-phase power ran to an area currently utilized as a charging station for electric forklifts Two single bathrooms near the front office & one large multi-person bathroom with mechanic's wash station in the warehouse Concrete floors & brick masonry throughout most of the building with steel construction for the secondary/south warehouse The property contains some existing shelving and racking that can be utilized by the tenant if needed Phase 1 Inspection completed on the property in 2016 with documentation

Property Taxes

Property Taxes

Parcel Number
49-06-34-106-044.000-101
Land Assessment
$133,300
Improvements Assessment
$204,700
Total Assessment
$338,000
  • Listing ID: 20120885

  • Date on Market: 9/7/2021

  • Last Updated:

  • Address: 1175 W 16th St, Indianapolis, IN 46202

Contact the Sale Advisor

1175 W 16th St

What's your inquiry about?*

Select at least one of the options above

Preferred Date*

Select one date

Message* (optional)

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please refresh the page and try again.

Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.
Favorite Listings
Save Searches
Share Listings
Access Documents
Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}