Conversation - Office to Apartments
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Conversation - Office to Apartments
2 Office Properties Offered at $6,900,000 in Indianapolis, IN
Investment Highlights
- Opportunity to Convert Office to Apartments
- Opportunity to Convert Office to Mixed Use
- Opportunity to Convert Office to Medical Office
- Opportunity to Convert Office to Hotel
Executive Summary
• $4.3 Billion IU Health Hospital Expansion
• Red Line Mass Transit System with a shelter/stop at the 1800 Building
• $65 Million TWG Mixed Use development across the street
• 5 Story Wesley Place 240 unit apartments across the street (under construction)
• 6 story Hall Place 279 unit apartments next door (under construction)
• The property is located inside the North Meridian TIF District and a Qualified Opportunity Zone
• ZonedC4
• A Bodner built building, originally for Indiana Bell offices.
• Two Office Buildings, Parking Garage and Parking Lot must be sold together.
• Red Line Mass Transit System with a shelter/stop at the 1800 Building
• $65 Million TWG Mixed Use development across the street
• 5 Story Wesley Place 240 unit apartments across the street (under construction)
• 6 story Hall Place 279 unit apartments next door (under construction)
• The property is located inside the North Meridian TIF District and a Qualified Opportunity Zone
• ZonedC4
• A Bodner built building, originally for Indiana Bell offices.
• Two Office Buildings, Parking Garage and Parking Lot must be sold together.
Property Facts
| Price | $6,900,000 | Number of Properties | 2 |
| Price / SF | $71.88 / SF | Individually For Sale | 0 |
| Sale Conditions | Total Building Size | 96,000 SF | |
| Sale Type | Investment | Total Land Area | 0.66 AC |
| Status | Active |
| Price | $6,900,000 |
| Price / SF | $71.88 / SF |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 96,000 SF |
| Total Land Area | 0.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
1800 Bldg
1800 N Meridian St, Indianapolis, IN 46202 |
Office | 84,000 SF | 1950 | - |
| 1812 N Meridian St, Indianapolis, IN 46202 | Office | 12,000 SF | 1956 | - |
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Conversation - Office to Apartments
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