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4700-4702 Southeastern ave 5,269 SF Flex Building Indianapolis, IN 46203 $355,000 ($67.38/SF)

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INVESTMENT HIGHLIGHTS

  • Corner Lot, Excellent Visibility and Frontage along Southeastern & Drexel Avenues
  • Permanent Zoning Variance for Auto Repair (D-3 Variance) - contractor’s office for 50-years - probable C-3 zoning approval from City
  • 2017 Improvements: $20,000+ invested in new rubber roofs (1,935 SF storage building and 1,444 SF outbuilding)
  • Two Contiguous Parcels – 0.7 Acres Total - w/1,890 SF Office, w/1,935 SF attached storage and 1,444 SF Outbuilding - 8,798 Vehicles/Day
  • New $42,000+ membrane roof, gutters, downspouts, and skylights on the main building, (transferable 20-year manufacturer’s warranty)
  • Private security camera system (monitored by Indiana Alarm) and perimeter security fencing across most of the site

PROPERTY FACTS

Price $355,000
Price Per SF $67.38
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • General Retail Auto Repair
  • General Retail Freestanding
Building Class C
Lot Size 0.70 AC
Rentable Building Area 5,269 SF
No. Stories 1
Year Built/Renovated 1949/2016
Tenancy Single
Zoning D-3 Variance Auto Repair - Permanent Variance for Auto Repair. Probable City approval for C-3 Zoning. Contractor’s office for over 50 years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-10-16-126-001.000-101
Land Assessment
$10,800
Improvements Assessment
$15,600
Total Assessment
$26,400
  • Listing ID: 38468712

  • Date on Market: 11/16/2025

  • Last Updated:

  • Address: 4700-4702 Southeastern ave, Indianapolis, IN 46203

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4700-4702 Southeastern ave

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