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2421 Central Ave 1,872 SF Office Building Indianapolis, IN 46205 $350,000 ($186.97/SF)
Investment Highlights
- Highly visible location
- Ample on-site parking - a premium feature for Urban settings
Executive Summary
Rare opportunity to acquire a highly visible property positioned on N Central Avenue in Indianapolis' vibrant Near Northside neighborhood. Close proximity to popular amenities - local eateries, parks, coffee shops, and entertainment venues - and just minutes from downtown, the Cultural Trail, and major employment hubs. The property has alley access garage/storage with a roll-up door, perfect for service access, deliveries, and flexible commercial operations. Ample on-site parking spaces at the front of the lot allow convenient customer parking - a premium feature for urban settings. High frontage visibility on Central Ave ideal for elevated exposure in a desirable corridor. This site is in a walkable urban setting. Ideal for professional office, coworking space, wellness center or medical/dental suites.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,872 SF
Building Class
C
Year Built
1953
Price
$350,000
Price Per SF
$186.97
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,872 SF
Building FAR
0.26
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
ZO01
Parking
10 Spaces (5.34 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 49-06-25-127-026.000-101 | Improvements Assessment | $123,800 |
| Land Assessment | $24,000 | Total Assessment | $147,800 |
Property Taxes
Parcel Number
49-06-25-127-026.000-101
Land Assessment
$24,000
Improvements Assessment
$123,800
Total Assessment
$147,800
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Contact the Sale Advisor
2421 Central Ave