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5859 W Morris St

2,912 SF 100% Leased Industrial Building Indianapolis, IN 46241 $645,000 ($221/SF)

Executive Summary

Immediately off I-465 and with unmatched pylon signage facing West Washington Street, the subject property offers high visibility, traffic and access to the interstate. Two warehouse style buildings sit on the property - +/- 3,000 SF & +/- 1,500 SF - which can be used for warehouse needs and/or office purposes. Ample parking, two driveway entrances and three (3) drive-in doors make the subject property useful to ample uses.

Property Facts

Price $645,000
Price Per SF $221
Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.90 AC
Rentable Building Area 2,912 SF
No. Stories 1
Year Built 1990
Parking Ratio 5.11/1,000 SF
Clear Ceiling Height 15 FT
No. Drive In / Grade-Level Doors 3

Amenities

  • Fenced Lot
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-12-13-106-007.000-930
Land Assessment
$85,800
Improvements Assessment
$61,500
Total Assessment
$147,300

zoning

Zoning Code C-5 (C-5 (General Commercial District).)
C-5 (C-5 (General Commercial District).)
  • Listing ID: 34111051

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 5859 W Morris St, Indianapolis, IN 46241

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