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140 S College Ave 8,713 SF 100% Leased Retail Building Indianapolis, IN 46202 $2,850,000 ($327.10/SF) 7.64% Cap Rate

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Executive Summary

Prime investment opportunity. Leaseback from Metazoa Brewing Company fully guaranteed.

Brochure _P_-87

Property Facts

Sale Type

Investment NNN

Sale Condition

Sale Leaseback

Property Type

Retail

Building Size

8,713 SF

Building Class

Year Built

1937

Price

$2,850,000

Price Per SF

$327.10

Cap Rate

7.64%

NOI

$217,825

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.21

Lot Size

0.94 AC

Opportunity Zone

Yes

Zoning

CBD-S - Central Business District - Special

Parking

50 Spaces (5.74 Spaces per 1,000 SF Leased)

1 1

Map
Traffic

Moderately walkable

70/100

Moderately drivable

60/100

Some public transit

40/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	49-11-12-134-004.000-101	Improvements Assessment	$226,000
Land Assessment	$948,200	Total Assessment	$1,174,200

Property Taxes

Parcel Number

49-11-12-134-004.000-101

Land Assessment

$948,200

Improvements Assessment

$226,000

Total Assessment

$1,174,200

(765) 760-3189

Contact

Rob Coombes
Coombes Real Estate LLC

Listing ID: 38964042
Date on Market: 1/4/2026
Last Updated:
Address: 140 S College Ave, Indianapolis, IN 46202

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140 S College Ave, Indianapolis, IN for sale Primary Photo- Image 1 of 12 — DJI_0120 copy

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140 S College Ave

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