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9503 E Washington St 5,481 SF 100% Leased Retail Building Indianapolis, IN 46229 $395,000 ($72.07/SF)
INVESTMENT HIGHLIGHTS
- Value Add Investment
- This is a 2 owner retail building condo- (Xpress Pro Tire & Auto Is Not For Sale)
- Originally Built For 4 Tenants
- Well Maintained
EXECUTIVE SUMMARY
DO NOT DISTURB TENANT! Sale is for 1 of 2 retail condo buildings. The space being sold currently has a tenant utilizing the entire space that will vacate prior to closing date. This is a condo building sale and buyer will be obligated to pay their pro-rata share of CAM, Insurance and Property Taxes for the Common Area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,481 SF
Building Class
B
Year Built
1985
Price
$395,000
Price Per SF
$72.07
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
1.15 AC
Zoning
C-4 - Commercial
Parking
60 Spaces (10.95 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 49-09-05-107-088.001-700 | Improvements Assessment | $143,500 |
| Land Assessment | $56,100 | Total Assessment | $199,600 |
PROPERTY TAXES
Parcel Number
49-09-05-107-088.001-700
Land Assessment
$56,100
Improvements Assessment
$143,500
Total Assessment
$199,600
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Contact the Sale Advisor
9503 E Washington St
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