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1201 W 16th St
Indianapolis, IN 46202
Industrial Property For Sale
PROPERTY FACTS
Property Type | Industrial | No. Stories | 1 |
Property Subtype | Warehouse | Year Built | 1947 |
Building Class | C | Parking Ratio | 1.56/1,000 SF |
Lot Size | 1.39 AC | Clear Ceiling Height | 25 FT |
Rentable Building Area | 22,452 SF | No. Drive In / Grade-Level Doors | 6 |
Property Type | Industrial |
Property Subtype | Warehouse |
Building Class | C |
Lot Size | 1.39 AC |
Rentable Building Area | 22,452 SF |
No. Stories | 1 |
Year Built | 1947 |
Parking Ratio | 1.56/1,000 SF |
Clear Ceiling Height | 25 FT |
No. Drive In / Grade-Level Doors | 6 |
Amenities
- Floor Drains
- Mezzanine
- Signage
- Storage Space
- Monument Signage
Utilities
- Lighting - Metal Halide
- Gas - Natural
- Water - City
- Sewer - City
About 1201 W 16th St , Indianapolis, IN 46202
Located in a high traffic corridor of the near west side of Indianapolis, and just outside of the 16 Tech Innovation District. This property has great potential for many applications as this area is ever growing and expanding. It is also located just three miles east of the Indianapolis Motor Speedway, which attracts thousands of visitors to the city of Indianapolis annually. The property contains 3 separate and distinct parcels, however, the two warehouses are only separated by a drywall divider wall that can be removed to open up more space. There are currently 2 large unobstructed warehouses w/ mezzanines in each warehouse. Features of the property include: +/- 22,500 Total Square Footage +/- 3,200 ft. sq. Office Space +/- 11,500 ft. sq. Warehouse on east side +/- 3,500 ft. sq. Warehouse on west side +/- 2,000 ft. sq. Mezzanine in east warehouse +/- 2,300 ft. sq. Mezzanine in west warehouse An over-sized billboard on top of the west-side warehouse that can be utilized by the owner to convey a message to the drivers heading east on 16th Street 6 high-bay electric drive-in overhead doors (15 ft) Barrel roofs over majority of both warehouses; Flat roofs over mezzanines Two flat roofs replaced (2018 & 2019) Parking lot on three sides of the building that could accommodate 30+ vehicles Concrete floors & exposed brick masonry throughout most of the building Overhead radiant heaters in the west side warehouse (natural gas powered) High Bay HID lighting overhead along with an abundance of natural light that fills the space Glass block window sections add an abundance of natural light Underground tanks removed & soil tested in 1990 with documentation of both Phase 1 Inspection completed on the property in 2016 with documentation
PROPERTY TAXES
Parcel Number | 49-06-34-119-016.000-101 | Improvements Assessment | $262,200 |
Land Assessment | $137,700 | Total Assessment | $399,900 |
PROPERTY TAXES
zoning
Zoning Code | I-2 & C-7 (Light Industrial District and High-Intensity Commercial District) |
I-2 & C-7 (Light Industrial District and High-Intensity Commercial District) |
Listing ID: 16822572
Date on Market: 8/5/2019
Last Updated:
Address: 1201 W 16th St, Indianapolis, IN 46202
The Industrial Property at 1201 W 16th St, Indianapolis, IN 46202 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
Industrial PROPERTIES IN NEARBY NEIGHBORHOODS
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