+/- 19,000 SF School/Medical Building | 1315 S Sherman Dr
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+/- 19,000 SF School/Medical Building 1315 S Sherman Dr
18,905 SF Retail Building Indianapolis, IN 46203 $1,750,000 ($93/SF)
Investment Highlights
- +/- 19,000 SF special purpose building with ample parking and acreage
- Access to downtown Indianapolis, Fountain Square, and Highway I-465
- Commercial kitchen within building
- Well-suited for a variety of uses such as: School, daycare, medical, church, etc.
- Fenced playground on site
- C1 Zoning
Executive Summary
+/- 19,000 SF special purpose building for sale on the east side of Indianapolis. Property is well-suited for a variety of uses with ample parking, a large 3.72-acre lot, and the ability to be single or multi-tenant.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
18,905 SF
Building Class
C
Year Built
1972
Price
$1,750,000
Price Per SF
$93
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
3.72 AC
Zoning
C1
Parking
30 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
226 FT on S Sherman Dr
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 49-10-16-131-015.000-101 | Improvements Assessment | $313,300 (2023) |
| Land Assessment | $200,700 (2023) | Total Assessment | $514,000 (2023) |
PROPERTY TAXES
Parcel Number
49-10-16-131-015.000-101
Land Assessment
$200,700 (2023)
Improvements Assessment
$313,300 (2023)
Total Assessment
$514,000 (2023)
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+/- 19,000 SF School/Medical Building | 1315 S Sherman Dr
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