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Investment Highlights

  • Freestanding building at Northwest corner of 12th & Pennsylvania
  • Available Immediately
  • Interstate exposure
  • Flexible space could work for office, medical or retail

Executive Summary

PRICE REDUCED! Property is well positioned in the central downtown district on the corner of N. Pennsylvania and 12th Streets. Property has contiguous parking. Flexible space for medical, office or retail with IU Health redevelopment and expansion nearby. Existing building on block wall support and can be vertically expanded.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,750 SF
Building Class
B
Year Built
1958
Price
$610,000
Price Per SF
$348.57
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,750 SF
Building FAR
0.31
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C-4 - Community Regional Commercial
Parking
8 Spaces (4.57 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
49-06-36-152-034.000-101
Land Assessment
$60,500
Improvements Assessment
$90,500
Total Assessment
$151,000
  • Listing ID: 25377163

  • Date on Market: 4/1/2022

  • Last Updated:

  • Address: 1202 N Pennsylvania St, Indianapolis, IN 46202

Contact the Sale Advisor

Flexible Space Downtown Indy! | 1202 N Pennsylvania St

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