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
AVG $670K
$1.3M
Taxes
AVG $22,808
$16,080
Visits
AVG 35
50
Year Built
AVG 1981
1985
Walkscore
AVG 49
44
Data Provided by Walkscore ® not using MLS data

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