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2051 Sherbrook Ave 2051 Sherbrook Ave 41,932 SF Industrial Building Indianapolis, IN 46218 $2,400,000 ($57.24/SF)

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INVESTMENT HIGHLIGHTS

  • Expansive industrial warehouse with many recent capital improvements
  • Loading Docks | (3) 8'x10' & (2) 8'x9' docks (5 total w/ levelers)
  • Power | 3-phase | 800 amp | 240/120V
  • Drive-Ins | (1) 14' Drive-In Door
  • Clear Height | 11' 2" - 15' 6"
  • Lighting | New LED lighting throughout entire warehouse

EXECUTIVE SUMMARY

Expansive industrial warehouse located northeast of downtown Indianapolis. Property has excellent connectivity to Highway I-70 and I-465 and features many recent capital improvements (new LED lighting, new drive-in/dock doors, new hanging heaters, new windows, full interior/exterior paint, and a security system with cameras). Ideal owner-user opportunity.

PROPERTY FACTS

Price $2,400,000
Price Per SF $57.24
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Showroom
Building Class B
Lot Size 1.17 AC
Rentable Building Area 41,932 SF
No. Stories 1
Year Built/Renovated 1945/2023
Tenancy Single
Clear Ceiling Height 15’6”
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-07-31-188-239.000-101
Land Assessment
$167,600
Improvements Assessment
$503,600
Total Assessment
$671,200
  • Listing ID: 31764489

  • Date on Market: 5/10/2024

  • Last Updated:

  • Address: 2051 Sherbrook Ave, Indianapolis, IN 46218

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