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


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
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
| Parcel Number | 49-06-34-106-044.000-101 | Improvements Assessment | $204,700 |
| Land Assessment | $133,300 | Total Assessment | $338,000 |
Property Taxes
Contact the Sale Advisor
1175 W 16th St
