510 E Southport Rd
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510 E Southport Rd
4,624 SF Retail Building Indianapolis, IN 46227 $1,150,000 ($249/SF)
Investment Highlights
- Onsite Parking
- Adjacent to Signalized Intersection
- Easy Entry/Exit
Executive Summary
Enjoy US31 visibility but not at the high price. The property's strategic placement offers excellent visibility and accessibility, making it an appealing option for investors seeking to capitalize on this retail market. Currently for sale including the convenience store business, or the business will sign a lease and sell to an investor. Additionally, the building still has vacancy.
Highlights
• Onsite Parking
• Easy Entry/Exit
• Adjacent to Signalized Intersection
Highlights
• Onsite Parking
• Easy Entry/Exit
• Adjacent to Signalized Intersection
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,624 SF
Building Class
C
Year Built
1973
Price
$1,150,000
Price Per SF
$249
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Land Acres
0.32 AC
Zoning
Commercial
Parking
20 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
131 FT on E Southport Rd
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 49-14-12-131-004.000-500 | Improvements Assessment | $92,900 |
| Land Assessment | $166,400 | Total Assessment | $259,300 |
PROPERTY TAXES
Parcel Number
49-14-12-131-004.000-500
Land Assessment
$166,400
Improvements Assessment
$92,900
Total Assessment
$259,300
-
Jeff Marchio -
Tharp Realty
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510 E Southport Rd
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