Style: Office
Sq Ft: 12800
Year Built: 1974
$1,099,000
141 N Shortridge Road, Indianapolis, IN 46219, US
Remarks
This turnkey commercial property-features two buildings with 10 offices and 10 half-baths on a 1.6-acre lot, just 0.4 miles from I-465. Recent upgrades include brand-new AC units worth $55K, two new furnaces (2023), and suite renovations totaling $100K. A couple of suites have plumbing in place for dental offices, making this an excellent opportunity for dental practitioners or related businesses. Additionally, two offices are ready to rent out, enhancing income potential. Building 141 features a stair lift for enhanced accessibility. The expansive lot offers room for additional development within permitted uses. Once fully leased, this investment is projected to generate an 7%+ CAP. Offering Memorandum available in the Documents section.Details
MLS#: 22000001Price: $1,099,000
Style: Office
Sq Ft: 12800
Year Built: 1974
County: Marion
Tax Fee: 20630.0
School District: MSD Warren Township
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Information is believed to be accurate but should not be relied upon without verification.
Data Provided by MIBOR Service Corporation
Last updated: 2025-03-23T09:23:07.000-04:00.
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