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860 Virginia Ave 9,872 SF Vacant Retail Building Indianapolis, IN 46203 $2,250,000 ($227.92/SF)
INVESTMENT HIGHLIGHTS
- 12 on-site parking spaces
- Direct access from both Virginia Avenue and an alley
- Strong traffic counts with high daily visibility
- 173 feet of frontage on Virginia Avenue
- 11' Drive-in door for loading or deliveries
- Flexible space for retail, office, warehouse, or service uses
EXECUTIVE SUMMARY
This freestanding building offers a flexible layout suitable for a variety of commercial uses. The structure includes multiple entrances, a drive-in door, and on-site parking for customers and staff. Its prominent frontage on Virginia Avenue ensures high visibility and easy access.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,872 SF
Building Class
C
Year Built
1939
Price
$2,250,000
Price Per SF
$227.92
Percent Leased
Vacant
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.99
Lot Size
0.23 AC
Zoning
C5
Parking
12 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
173’ on Virginia Ave
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (94)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-11-12-236-242.000-101 | Improvements Assessment | $143,000 |
| Land Assessment | $165,900 | Total Assessment | $308,900 |
PROPERTY TAXES
Parcel Number
49-11-12-236-242.000-101
Land Assessment
$165,900
Improvements Assessment
$143,000
Total Assessment
$308,900
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