Address
9503 E Washington Street Indianapolis, IN
Price
$ 1,299,000
Property Attributes
- MLS#21743589
- TypeCommercial
- CountyMARION
- CityIndianapolis
- AreaWarren
- Zip46229
- StyleVacant
- Year Built1985
- Taxes16080
- Price$ 1,299,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4050
- Lot Size0.91 Acres
Listing Provided Courtesy Of:
Keith Turnbill with RE/MAX Advanced Realty
Data Source:
Mid-Indiana BOR / MIBOR Realtor Association
Property Description
This retail center offers a 10 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 9.10%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.
| Price History | |
|---|---|
| 10/1/2020 | Listed $12 |
General Features
| Contingency | Act with no Contingency |
|---|---|
| Current Use | Vacant |
| Property SubType | Retail |
| Property Type | Commercial Sale |
| Standard Status | Active |
| Stories | 1 |
| Township | Warren |
| Zoning | C-4 |
Exterior Features
| Lot Size Acres | 0.914 |
|---|---|
| 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 46229
Price
Taxes
Visits
Year Built
Walkscore
MIBOR REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
