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4700-4702 Southeastern ave 5,269 SF Retail Building Indianapolis, IN 46203 $355,000 ($67.38/SF)
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
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,269 SF
Building Class
C
Year Built/Renovated
1949/2016
Price
$355,000
Price Per SF
$67.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.70 AC
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
| Parcel Number | 49-10-16-126-001.000-101 | Improvements Assessment | $15,600 |
| Land Assessment | $10,800 | Total Assessment | $26,400 |
PROPERTY TAXES
Parcel Number
49-10-16-126-001.000-101
Land Assessment
$10,800
Improvements Assessment
$15,600
Total Assessment
$26,400
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4700-4702 Southeastern ave
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