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722 Ketcham St

11,362 SF 50% Leased Industrial Building Indianapolis, IN 46222 $1,200,000 ($106/SF)

Investment Highlights

  • 800 AMP, 3-Phase Power, Building 2 & 3 newly renovated

Executive Summary

Discover the extraordinary potential of 722 Ketcham St, Indianapolis, IN, 46222. This fully fenced industrial property spans a total of 11,362 SF across three units within an I2-zoned area, making it an ideal owner-user or potential investment opportunity in the thriving Indianapolis market. Building 1, a 5,658 SF space, is leased until July 31, 2025, and includes a fully insulated warehouse with a crane, drive-in access, 800 AMPS, 3-phase power, and 800 SF of office space. Building 2 offers 4,066 SF of climate-controlled office, conference room, and IT room, and includes 3-phase power, while Building 3 provides 1,630 SF of newly renovated, climate-controlled space with two drive-ins. The property is a fully fenced 1.12-acre site, fiber connectivity, and enhanced security features, this property is tailor-made for industrial and manufacturing success.
Great fully fenced industrial property.
Total 11,362 SF
Buildings 2 & 3 Newly renovated
Building 1
5,658 SF building
Leased until July 31, 2025
Fully insulated warehouse includes a crane, one (1) drive-in, one (1) truck dock drive-in.
800 SF Office space, upper and lower level, includes separate offices, conference room, and kitchen.
800 Amp - 3 Phase
Building 2
4,066 SF Total
one (1) private office, conference room, IT room, and restroom all climate-controlled.
one (1) drive-in bay, two (2) overhead doors, 3-phase Power.
Overhead heater in warehouse.
Property has a new roof and fully insulated.
Building 3 -
1,630 SF Building
Newly renovated - climate controlled, new HVAC, fully insulated, two (2) drive-ins.
No restroom, but a waterline was added in October 2024.
Fully fenced 1.12 acre site
Fiber on site, security system, and cameras.

Property Facts

Price $1,200,000
Price Per SF $106
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Service Station
  • Industrial Service
  • FlexLight Distribution
Building Class C
Lot Size 1.12 AC
Rentable Building Area 11,362 SF
No. Stories 1
Year Built 1950
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Security System
  • Fiber Optic Internet

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - Building 2
  • 4,066 SF
  • Industrial
  • Full Build-Out
  • Now

Building 2 4,066 SF Total one (1) private office, conference room, IT room, and restroom all climate-controlled. one (1) drive-in bay, two (2) overhead doors, 3-phase Power. Overhead heater in warehouse. Property has a new roof and fully insulated. Fully fenced 1.12 acre site Fiber on site, security system, and cameras.

  • 1st Fl - Building 3
  • 1,638 SF
  • Industrial
  • -
  • Now

Building 3 - 1,630 SF Building Newly renovated - climate controlled, new HVAC, fully insulated, two (2) drive-ins. No restroom. Fully fenced 1.12 acre site Fiber on site, security system, and cameras.

Space Size Space Use Condition Available
1st Fl - Building 2 4,066 SF Industrial Full Build-Out Now
1st Fl - Building 3 1,638 SF Industrial - Now

1st Fl - Building 2

Size
4,066 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Building 3

Size
1,638 SF
Space Use
Industrial
Condition
-
Available
Now

1st Fl - Building 2

Size 4,066 SF
Space Use Industrial
Condition Full Build-Out
Available Now

Building 2 4,066 SF Total one (1) private office, conference room, IT room, and restroom all climate-controlled. one (1) drive-in bay, two (2) overhead doors, 3-phase Power. Overhead heater in warehouse. Property has a new roof and fully insulated. Fully fenced 1.12 acre site Fiber on site, security system, and cameras.

1st Fl - Building 3

Size 1,638 SF
Space Use Industrial
Condition -
Available Now

Building 3 - 1,630 SF Building Newly renovated - climate controlled, new HVAC, fully insulated, two (2) drive-ins. No restroom. Fully fenced 1.12 acre site Fiber on site, security system, and cameras.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-11-04-164-011.000-901
Land Assessment
$80,800
Improvements Assessment
$154,200
Total Assessment
$235,000

zoning

Zoning Code I-2 (Light Industrial - I-2)
I-2 (Light Industrial - I-2)
  • Listing ID: 33123811

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: 722 Ketcham St, Indianapolis, IN 46222

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