2439 W 16th Corner Lot 2439 W 16th St 2,800 SF Retail Building Indianapolis, IN 46222 $400,000 ($142.86/SF)



INVESTMENT HIGHLIGHTS
- Heavy Traffic Corridor
- Excellent Location on West Side Indianapolis
- Double Steel Door Rear Entrance
EXECUTIVE SUMMARY
Former DAV office location. Solid built block building. Corner Lot. Ample parking in rear and on street. Current buildout is basically white boxed with one standalone office in front of building and restrooms in the rear.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built
1950
Price
$400,000
Price Per SF
$142.86
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.16 AC
Zoning
C-5
Parking
15 Spaces (5.36 Spaces per 1,000 SF Leased)
Frontage
45’ on W 16th ST
NEARBY MAJOR RETAILERS



PROPERTY TAXES
Parcel Number | 49-06-33-151-003.000-901 | Improvements Assessment | $78,100 (2023) |
Land Assessment | $20,900 (2023) | Total Assessment | $99,000 (2023) |