Log In/Sign Up
Your email has been sent.
1301 Barth Ave + 1310 Shelby St 3 Properties Offered at $1,390,000 in Indianapolis, IN
INVESTMENT HIGHLIGHTS
- 1301 BARTH AND 1310 SHELBY MAY BE PURCHASED TOGETHER (WITHOUT THE RENTED HOUSE AT 1335 BARTH) WITH ASKING PRICE OF $1,390,000!!
- PRICE IMPROVEMENT!! SELLERS ARE MOTIVATED!!
- Buildable lot fronting Shelby St. presents upside (MAY BE PURCHASED WITH JUST 1301 BARTH OR AS PART OF LARGER PORFOLIO)
EXECUTIVE SUMMARY
PRICE & PACKAGE IMPROVEMENT!! SELLERS ARE MOTIVATED!!
NOTE: 1301 BARTH AND 1310 SHELBY MAY BE PURCHASED TOGETHER (WITHOUT THE RENTED HOUSE AT 1335 BARTH*) WITH ASKING PRICE OF $1,390,000!!
*WITH THE RENTED HOUSE AT 1335 BARTH, THE ASKING PRICE IS $1,690,000.
(1301 Barth) 11,060 +/- retail/warehouse/multi-use building on .57+/- acre, 27-car paved parking (zoned CS); Currently leased as a brewery/bar (but could be negotiated to work for a user/occupier)with high ceilings, multiple overhead doors + ample parking lot - 2026 rent, $8,357.55/month NNN - Based on current lease which runs with rent increases to Jan. 2028, plus two 1 year options to renew at increased rent
(1310 Shelby) adjacent .088 +/- acre level corner lot fronting busy Shelby Street (zoned MU1);
(1335 Barth) adjacent 1,977 +/- sf (includes basement and deck), nicely updated 3 bedroom, 2 bath rented house with 3 off-street parking spaces on 3,040 +/- sf corner lot (zoned D5 & CS). Projected rent for 2026, $2,100/month - Based on 4% annual rent increase from current lease
PRO-FORMA BELOW INCLUDES HOUSE INCOME AND EXPENSES
NOTE: 1301 BARTH AND 1310 SHELBY MAY BE PURCHASED TOGETHER (WITHOUT THE RENTED HOUSE AT 1335 BARTH*) WITH ASKING PRICE OF $1,390,000!!
*WITH THE RENTED HOUSE AT 1335 BARTH, THE ASKING PRICE IS $1,690,000.
(1301 Barth) 11,060 +/- retail/warehouse/multi-use building on .57+/- acre, 27-car paved parking (zoned CS); Currently leased as a brewery/bar (but could be negotiated to work for a user/occupier)with high ceilings, multiple overhead doors + ample parking lot - 2026 rent, $8,357.55/month NNN - Based on current lease which runs with rent increases to Jan. 2028, plus two 1 year options to renew at increased rent
(1310 Shelby) adjacent .088 +/- acre level corner lot fronting busy Shelby Street (zoned MU1);
(1335 Barth) adjacent 1,977 +/- sf (includes basement and deck), nicely updated 3 bedroom, 2 bath rented house with 3 off-street parking spaces on 3,040 +/- sf corner lot (zoned D5 & CS). Projected rent for 2026, $2,100/month - Based on 4% annual rent increase from current lease
PRO-FORMA BELOW INCLUDES HOUSE INCOME AND EXPENSES
TAXES & OPERATING EXPENSES (PRO FORMA - 2026) |
ANNUAL |
|---|---|
| Gross Rental Income |
$125,491
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$125,491
|
| Taxes |
$6,418
|
| Operating Expenses |
$1,083
|
| Total Expenses |
$7,501
|
| Net Operating Income |
$117,990
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $125,491 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $125,491 |
| Taxes | |
|---|---|
| Annual | $6,418 |
| Operating Expenses | |
|---|---|
| Annual | $1,083 |
| Total Expenses | |
|---|---|
| Annual | $7,501 |
| Net Operating Income | |
|---|---|
| Annual | $117,990 |
PROPERTY FACTS
| Price | $1,390,000 | Number of Properties | 3 |
| Price / SF | $106.62 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 13,037 SF |
| Status | Active | Total Land Area | 0.65 AC |
| Price | $1,390,000 |
| Price / SF | $106.62 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 13,037 SF |
| Total Land Area | 0.65 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 1310 Shelby St, Indianapolis, IN 46203 | Land | 0.08 AC | - | - |
| 1301 Barth Ave, Indianapolis, IN 46203 | Retail | 11,060 SF | 1961 | - |
| 1335 Barth Ave, Indianapolis, IN 46203 | Specialty | 1,977 SF | 1910 | - |
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
