46,710 SF Two Story Office Building on 2.02 Ac

Office for Sale
Catylist Listing ID: 30131393
Property Subtypes: Institutional
Building Size (RSF): 46,710 SF
Gross Building Area: See Agent
Sale Price: $1,495,000
Unit Price: $32.01 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 12/21/2017

Overview / Comments

The property is a two story brick office building built in 1953. Building still has classrooms, furniture, gymnasium and cafeteria intact. Former IPS School #64. Building is in “move-in” condition.

+ ±60 surface parking spaces
+ Zoned: SU-2
+ Written approval for sidewalk leading to gazebo in public parkto the east
+ Motivated owner
+ Reduced Sale Price: $1,495,000
+ Reduced Lease Rate: $8.95/RSF + utilities + janitorial +
Free rent through 12-31-17

Attachments & Media

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Marion
Tax ID/APN: 49-10-17-136-002.000-101

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,119 126,030 275,272
Median Age: 32.73 34.35 34.7
Households: 5,612 51,087 109,811
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