1202 N Pennsylvania St
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1202 N Pennsylvania St
1,750 SF Office Building Indianapolis, IN 46202 $880,000 ($503/SF)
Investment Highlights
- Freestanding building at Northwest corner of 12th & Pennsylvania
- Available Immediately
- Interstate exposure
- Flexible space could work for office, medical or retail
Executive Summary
Property is well positioned in the central downtown district on the corner of N. Pennsylvania and 12th Streets. Property has contiguous parking. Flexible space for medical, office or retail with IU Health redevelopment and expansion nearby. Existing building on block wall support and can be vertically expanded.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,750 SF
Building Class
B
Year Built
1958
Price
$880,000
Price Per SF
$503
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,750 SF
Building FAR
0.31
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C-4 - Community Regional Commercial
Parking
8 Spaces (4.57 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
Parcel Number | 49-06-36-152-034.000-101 | Improvements Assessment | $56,300 |
Land Assessment | $60,500 | Total Assessment | $116,800 |
PROPERTY TAXES
Parcel Number
49-06-36-152-034.000-101
Land Assessment
$60,500
Improvements Assessment
$56,300
Total Assessment
$116,800
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1202 N Pennsylvania St
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