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1132 E 16th St

1,536 SF Retail Building Indianapolis, IN 46202 $495,000 ($322/SF)

Restaurants Indiana Indianapolis 1132 E 16th St, Indianapolis, IN 46202

Investment Highlights

  • Rare purchase opportunity near downtown. The Near Northside/Monon/16th St Corridor is exploding with new development.
  • Site could also work as apartment or townhome redevelopment.
  • Great visibility and is located between two major investment development districts.

Executive Summary

Rare purchase opportunity on Indy's near north side. +/-1,536 sf freestanding building in hot 16th & Monon district available for sale or lease. Site is +/-11,299 sf and has over 100' of frontage on 16th Street. Building was formerly used as an automotive use, but could be perfect for retail or restaurant redevelopment. Site could also work as apartment or townhome redevelopment. Adjoining +/-1,836 sf parcel available from its owner. Build-to-suit possible for credit tenant.

Attachments

1132 E. 16th Street Brochure

Property Facts

Sale Type
Owner User
Sale Conditions
Lease Option
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,536 SF
Building Class
C
Year Built
1940
Price
$495,000
Price Per SF
$322
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.26 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C5 - Commercial
Frontage
115 FT on East 16th Street

Amenities

  • Air Conditioning
1 of 1
1132 E 16th St, Indianapolis, IN - aerial map view
Bike Score ®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Yoga Six
Stretchlab
Kroger
Bank of America
[solidcore]
YMCA
Old National Bank
Club Pilates
Regions Bank
Cross Fit Naptown

PROPERTY TAXES

Parcel Number 49-07-31-213-359.000-101 Improvements Assessment $22,000
Land Assessment $12,600 Total Assessment $34,600

PROPERTY TAXES

Parcel Number
49-07-31-213-359.000-101
Land Assessment
$12,600
Improvements Assessment
$22,000
Total Assessment
$34,600
(317) 590-8578

Contact

  • Listing ID: 20557651

  • Date on Market: 8/7/2020

  • Last Updated:

  • Address: 1132 E 16th St, Indianapolis, IN 46202

More public record information on 1132 E 16th St, Indianapolis, IN 46202

The Retail Property at 1132 E 16th St, Indianapolis, IN 46202 is currently available for sale. Contact Radar Commercial Real Estate for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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1132 E 16th St
(317) 590-8578 x

1132 E 16th St

John Byrne

(317) 590-8578

(317) 590-8578

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