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Investment Highlights
- 10,703 SF office building
- 2 Drive-Thrus (4 Drive-In Doors)
- Centrally located near Broad Ripple
- Flexible floor plan suitable for medical, professional office, or owner-occupant use
- Strong parking ratio
Executive Summary
Well-located, single-story office building in the heart of the Broad Ripple/Glendale corridor, offering excellent visibility, multiple curb cuts, and easy access to Keystone Ave. The property totals approximately 10,703 SF on nearly one acre, with a functional layout, strong parking ratio, and flexible floor plan suitable for medical, professional office, or owner-occupant use. Surrounded by established neighborhoods and high-income demographics, the site provides both stable user appeal and long-term redevelopment potential in one of Indianapolis’ most desirable infill submarkets.
Property Facts
Sale Type
Owner User
Property Type
Building Size
10,703 SF
Building Class
B
Year Built
1979
Price
$975,000
Price Per SF
$91.10
Tenancy
Single
Building Height
1 Story
Typical Floor Size
10,703 SF
Building FAR
0.27
Lot Size
0.91 AC
Zoning
C-4
Parking
34 Spaces (4.26 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 49-02-31-122-010.000-800 | Improvements Assessment | $1,369,000 |
| Land Assessment | $349,000 | Total Assessment | $1,718,000 |
Property Taxes
Parcel Number
49-02-31-122-010.000-800
Land Assessment
$349,000
Improvements Assessment
$1,369,000
Total Assessment
$1,718,000
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