Address
3810 E Southport Road Indianapolis, IN
Price
$ 1,150,000
Property Attributes
  • MLS#21703545
  • TypeCommercial
  • CountyMARION
  • CityIndianapolis
  • AreaPerry
  • Zip46237
  • StyleOffice
  • Year Built1985
  • Taxes16424
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9833
  • Lot Size1.99 Acres
Listing Provided Courtesy Of:
Wryan Harris with F.C. Tucker Company
Data Source:
Mid-Indiana BOR / MIBOR Realtor Association
Property Description

Great Investment opportunity located on the southside of Indy. Long term tenant in place, Empire Beauty School has been leasing this property since 1998. 5 year lease extension signed in October 2019. 3% rent bump per year. Entire parking lot was re-sealed in October 2018. A portion of the property is located within a floodplain. The building IS NOT located within that flood plain. See attached FEMA Flood Map. APN 49-15-09-131-013.000-500 is also included in the sale (Parking Lot).

Price History
4/3/2020 Listed $1,300,000
9/16/2020 12% - $1,150,000

General Features

Contingency Act with no Contingency
Current Use Office
Property SubType Office
Property Type Commercial Sale
Standard Status Active
Stories 1
Township Perry
Zoning C-3

Exterior Features

Lot Size Acres 1.991
Road Frontage Type FrontageRd, City Street
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46237

Price
AVG $90K
$1.15M
Taxes
AVG $61,873
$16,424
Visits
AVG 50
49
Year Built
AVG 1994
1985
Walkscore
AVG 39
30
Data Provided by Walkscore ® not using MLS data

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