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Automotive Property with Side Lot
For Sale
$275,000

1101 East Street, Indianapolis, IN 46225

An existing tenant covers property expenses other than taxes, and the sale includes an additional side lot.

Property SizeContact for details
Days on Market23

Property Features for 1101 East Street

General Information

Standard status Active
Property subtype Commercial
Zoning C-5

Building Details

Year Built 1986
Tenancy Single
Listing Agency: Bif Ward Real Estate Group
Listed By: Bif Ward
Source: Bifward
Added: Aug 20 Changed: Sep 8 Last Checked: Sep 10 at 5:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

This automotive property is occupied by a tenant operating an auto dealership, a use associated with the site for years. The lease arrangement places responsibility for property expenses with the tenant, excluding property taxes. The sale also includes a side lot identified as 1117 S East St, Indianapolis, IN 46225.

The property is positioned along East Street with access to downtown Indianapolis, Bates-Hendricks, and Fountain Square. A designated historic plaque on the east side recognizes the site as the original location of Hooks Drugs Store in 1900.

Key Highlights

  • Automotive property occupied by an established auto dealer
  • Tenant responsible for property expenses other than property taxes
  • Sale includes additional side lot at 1117 S East St, Indianapolis, IN 46225

Property Analytics

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Current Use

Los Auto Sales ... Car Dealership

Suggested Use

Top Pick Law Firm Pharmacy HVAC Service Storage Facility (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,196
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Automotive property - An existing tenant covers property expenses other than taxes, and the sale includes an additional side lot.
Where is this automotive property located?
The property is located at 1101 East Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Automotive property occupied by an established auto dealer; Tenant responsible for property expenses other than property taxes; Sale includes additional side lot at 1117 S East St, Indianapolis, IN 46225
More about this property
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