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3808 Shelby St 10,725 SF 100% Leased Retail Building Indianapolis, IN 46227 For Sale
EXECUTIVE SUMMARY
DO NOT DISTURB TENANT
Freestanding Building For Sale which houses The Wit Theater- Home of ComedySportz Indianapolis, located directly across from The University of Indianapolis on the Southside of Indianapolis. The Redline located directly in front of the Property extends travel to Broad Ripple providing access to work, education, health care, restaurants, entertainment, and shopping and serves as a cornerstone of a comprehensive set of transportation options serving Indianapolis and central Indiana.
UIndy Enrollment:
5,600 students on the main campus in Indianapolis, including approximately 1,400 graduate students
100+ undergraduate degree programs, 40+ master's degree programs, and five doctoral programs
40+ U.S. states and 55+ countries represented among students on campus
Freestanding Building For Sale which houses The Wit Theater- Home of ComedySportz Indianapolis, located directly across from The University of Indianapolis on the Southside of Indianapolis. The Redline located directly in front of the Property extends travel to Broad Ripple providing access to work, education, health care, restaurants, entertainment, and shopping and serves as a cornerstone of a comprehensive set of transportation options serving Indianapolis and central Indiana.
UIndy Enrollment:
5,600 students on the main campus in Indianapolis, including approximately 1,400 graduate students
100+ undergraduate degree programs, 40+ master's degree programs, and five doctoral programs
40+ U.S. states and 55+ countries represented among students on campus
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,725 SF
Building Class
C
Year Built/Renovated
1954/2018
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.21 AC
Opportunity Zone
Yes
Zoning
MU-2
Parking
66 Spaces (6.15 Spaces per 1,000 SF Leased)
Frontage
250’ on Shelby St
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 49-11-25-107-008.000-501 | Improvements Assessment | $531,400 |
| Land Assessment | $75,400 | Total Assessment | $606,800 |
PROPERTY TAXES
Parcel Number
49-11-25-107-008.000-501
Land Assessment
$75,400
Improvements Assessment
$531,400
Total Assessment
$606,800
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3808 Shelby St
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