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1800 Churchman Ave 214,650 SF Vacant Industrial Building Indianapolis, IN 46203 $6,500,000 ($30.28/SF)



INVESTMENT HIGHLIGHTS
- Approx. 214,650 SF total | Divisible for Lease
- ± 13.98 Acres
- CSX Rail Potential with over 1,200 ft of frontage
- Approx. 11,000 SF newly remodeled office
- Zoned I-3
- Heavy Power
EXECUTIVE SUMMARY
• Approx. 11,000 SF newly remodeled office
• ± 13.98 Acres
• Zoned I-3
• CSX Rail Potential with over 1,200 ft of frontage
• Heavy Power
• 16 docks / 3 drive-ins
• Clear height varying from 11.5’ to 17.5’
• 480 volt / 5,200 amp / 3-phase power
• Wet Sprinkler
• Approx. 1.2 miles to I-65
• Access to strong labor force
• Close Proximity to downtown Indianapolis
• ± 1.88 Additional Acres Available
• Potential for Seller Financing
PROPERTY FACTS
| Price | $6,500,000 | Rentable Building Area | 214,650 SF |
| Price Per SF | $30.28 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1926/1998 |
| Property Type | Industrial | Parking Ratio | 0.89/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 18’ |
| Building Class | B | No. Dock-High Doors/Loading | 16 |
| Lot Size | 23.00 AC | No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-3 - Industrial | ||
| Price | $6,500,000 |
| Price Per SF | $30.28 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 23.00 AC |
| Rentable Building Area | 214,650 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1926/1998 |
| Parking Ratio | 0.89/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 16 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | I-3 - Industrial |
AMENITIES
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Suite 1 | 56,625 SF | 3 Docks | 1 Drive-In | $4.75 IG Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
Available only if leasing with another available space
Suite 1 | 56,625 SF | 3 Docks | 1 Drive-In | $4.75 IG Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
Suite 1 | 56,625 SF | 3 Docks | 1 Drive-In | $4.75 IG Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 1 | 56,625 SF | Industrial | Full Build-Out | Now |
| 1st Fl-Ste 2 | 8,500 SF | Office | - | Now |
| 1st Fl - 3 | 58,877 SF | Industrial | Full Build-Out | Now |
| 1st Fl - 4 | 38,756 SF | Industrial | Full Build-Out | Now |
| 1st Fl - 5 | 50,744 SF | Industrial | Full Build-Out | Now |
1st Fl - 1
| Size |
| 56,625 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 2
| Size |
| 8,500 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl - 3
| Size |
| 58,877 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - 4
| Size |
| 38,756 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - 5
| Size |
| 50,744 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - 1
| Size | 56,625 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Suite 1 | 56,625 SF | 3 Docks | 1 Drive-In | $4.75 IG Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
1st Fl-Ste 2
| Size | 8,500 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Available only if leasing with another available space
1st Fl - 3
| Size | 58,877 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Suite 1 | 56,625 SF | 3 Docks | 1 Drive-In | $4.75 IG Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
1st Fl - 4
| Size | 38,756 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Suite 1 | 56,625 SF | 3 Docks | 1 Drive-In | $4.75 IG Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
1st Fl - 5
| Size | 50,744 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Suite 3 | 58,877 SF | 2 Docks | 2 Drive-Ins | $3.75 IG Suite 4 | 38,756 SF | 8 Docks | 1 Oversized Drive-In | $4.75 IG Suite 5 | 89,500 SF | Exterior dock platform | $3.75 IG Suite 2 & 3 | 115,502 SF | 2 Docks | 2 Drive-Ins Suite 4 & 5 | 89,500 SF | 8 Docks | 1 Oversized Drive-In | Exterior dock platform Suite 2-5 | 154,215 SF | 10 Docks | 3 Drive-Ins Suite 1-5 | 214,650 | 13 Docks | 4 Drive-Ins | Exterior dock platform
PROPERTY TAXES
| Parcel Number | 49-10-18-205-004.000-101 | Improvements Assessment | $947,400 |
| Land Assessment | $704,800 | Total Assessment | $1,652,200 |
PROPERTY TAXES
Contact the Sale Advisor
1800 Churchman Ave



