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Investment Opportunity - Flex Space 2120-2140 Winter Ave

9,060 SF Flex Building Indianapolis, IN 46218 $1,375,000 ($152/SF)

Investment Highlights

  • Newly Renovated Build-to-Suit Opportunity - The Site Sits on 1.6 Acres That Has Been Improved by Roughly 58%
  • The Warehouse Contains an Office Space That Allows For a Multi-Tenant Function Flex Space Component
  • Amenities: Security System, Fenced, Dual Restrooms, Office Space and Warehouse Space
  • The Property is Nestled in the North Eastern Quadrant of Indianapolis, Next to Keystone Enterprise Park With Immediate Access to I-70
  • Indianapolis, as of Q4 2023 Has Seen a 49.40% Growth of Industrial CRE Year Over Year; It is Ranked 9th in the Nation of Booming Markets

Executive Summary

Exciting Opportunity: 9000 SF Flex Space at 2130 Winter Avenue, Indianapolis, IN
We are delighted to present this exclusive offering: a newly renovated, owner-user flex space located at 2130 Winter Avenue in the vibrant city of Indianapolis, IN.
This investment opportunity features a meticulously renovated build-to-suit option, encompassing a warehouse with versatile office spaces. Its adaptable design allows for a multi-tenant function, ensuring a stable and lucrative investment for discerning buyers.
Strategically positioned in the heart of Indianapolis, with easy access to downtown, I-70, and Keystone Avenue, this property enjoys a prime location within the thriving Keystone Park industrial hub. Enhanced security measures, including gated surroundings, provide peace of mind, making it an ideal choice for safeguarding your investment.
Key Features:
* 1.60 acres of space, easy for turning around and perfect for logistics and shipping companies.
* Beautifully welcoming office building with 7 office spaces.
*Easy to maintain, ensuring long-term viability.
For additional questions or to schedule a tour, feel free to contact me at call or text 317-716-5529.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $6,843 $0.76
Operating Expenses - -
Total Expenses $6,843 $0.76

Financial Summary (Actual - 2023)

Taxes
Annual $6,843
Annual Per SF $0.76
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $6,843
Annual Per SF $0.76

Property Facts

Price $1,375,000
Price Per SF $152
Sale Type Investment or Owner User
Sale Conditions
Build to Suit
  • Redevelopment Project
  • Short Sale
Property Type Flex
Property Subtype Light Distribution
Building Class C
Lot Size 1.60 AC
Rentable Building Area 9,060 SF
No. Stories 1
Year Built/Renovated 1961/2012
Tenancy Single
Parking Ratio 1.43/1,000 SF
Clear Ceiling Height 14 FT
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes

Amenities

  • Security System

Utilities

  • Lighting
  • Water
  • Sewer

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-07-30-127-030.004-101
Land Assessment
$245,800
Improvements Assessment
$250,900
Total Assessment
$496,700
Annual Taxes
$6,843 ($0.76/SF)
Tax Year
2023

zoning

Zoning Code 1-3-U (Commercial 1-3-U)
1-3-U (Commercial 1-3-U)
  • Listing ID: 26721541

  • Date on Market: 9/27/2022

  • Last Updated:

  • Address: 2120-2140 Winter Ave, Indianapolis, IN 46218

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