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2280 S Meridian St 3,600 SF 100% Leased Retail Building Indianapolis, IN 46225 $199,000 ($55.28/SF)
INVESTMENT HIGHLIGHTS
- High Traffic Location
- Corner Lot
EXECUTIVE SUMMARY
Investment Opportunity! Former restaurant/bar. Could be utilized as an office, restaurant, rental or whatever you decide. Possibilities are endless. Total 115 person occupancy, upstairs with restrooms could be used for private parties. Minutes from downtown Indy and close proximity to interstate.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,600 SF
Building Class
C
Year Built
1920
Price
$199,000
Price Per SF
$55.28
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
0.42
Lot Size
0.20 AC
Zoning
C-3
Parking
10 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-11-23-107-005.000-101 | Improvements Assessment | $100,000 |
| Land Assessment | $19,000 | Total Assessment | $119,000 |
PROPERTY TAXES
Parcel Number
49-11-23-107-005.000-101
Land Assessment
$19,000
Improvements Assessment
$100,000
Total Assessment
$119,000
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Contact the Sale Advisor
2280 S Meridian St
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