1301 Barth Ave Indianapolis, IN 46203
Leased brewery-pub building with heavy power, gas heat, and eight rear overhead doors plus an adjacent vacant MU1 lot.
- Added:
- Jul 10, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 10 at 4:04 am
Property Features for 1301 Barth Ave
General Information
- Standard status
- Active
- Size
- 11,060 SF
- Property subtype
- Restaurant
Building Details
- Year Built
- 1981
Listing office Berkshire Hathaway Home Services Indiana Realty (317) 435-6212
Listing date Jul 10, 2026
Source Thebrokerlist
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Investment Insights
Based on property information with market context.
The offering includes a second parcel: an adjacent vacant lot located at 1310 Shelby St, zoned MU1.
The combination of rear-alley overhead door access, indoor/outdoor capability, and substantial site parking supports a range of commercial uses, including restaurant, retail, warehouse, flex, or unique office space, subject to zoning and approvals.
Key Highlights
- 11,060 SF commercial building built in 1981, zoned CS, plus an adjacent vacant lot at 1310 Shelby St zoned MU1
- Currently leased to a brewery/pub through 1/28, providing income during the lease term
- On‑site parking for 27 vehicles and 8 (12') overhead doors at the rear alley plus a smaller overhead door at the main entrance
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $185.8k | $16.80 |
| − Vacancy | −$18.6k | −$1.68 |
| EGI | $167.2k | $15.12 |
| − OpEx | −$58.5k | −$5.29 |
| NOI | $108.7k | $9.83 |