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Investment Highlights
- Close proximity to Speedway & Airport
- Grant Money Available
- Redevelpment Area
Executive Summary
This former medical facility presents a strategic value-add opportunity on an exceptional lot. The property has been stripped to the studs, providing a pristine, blank canvas for a full interior and exterior build-out. With a new roof and significant redevelopment potential, this asset is primed for an investor or developer looking to capitalize on a premier location. Bring your vision--all serious offers will be considered.Option.RP-Zoning Attached
Private Remarks: Call Listing Agent for showings
Private Remarks: Call Listing Agent for showings
Property Facts
Sale Type
Owner User
Sale Condition
Distress Sale
Property Type
Office
Building Size
3,601 SF
Building Class
C
Year Built
1979
Price
$390,000
Price Per SF
$108.30
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,601 SF
Slab To Slab
10’
Building FAR
0.25
Lot Size
0.33 AC
Opportunity Zone
Yes
Zoning
RP - Residential Professional- Day Care, Nursing Home, Assisted Living, Business Services Etc...
Parking
20 Spaces (5.36 Spaces per 1,000 SF Leased)
Amenities
- Wheelchair Accessible
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $339,000 | |
| Land Assessment | $52,138 | Total Assessment | $391,138 |
Property Taxes
Parcel Numbers
Land Assessment
$52,138
Improvements Assessment
$339,000
Total Assessment
$391,138
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236 N Frederick Ave
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