Property summary
This exceptional 10,000-square-foot office building, located at 152 E Washington Street in Indianapolis, Indiana's vibrant Central Business District, presents a unique investment opportunity. The four-story traditional office building boasts a desirable location, offering excellent visibility and accessibility. Priced at $1,700,000 ($170 per square foot), this property features abundant natural light throughout, creating a bright and uplifting workspace. Extensive renovations were completed in 2016, ensuring modern amenities and functionality. A recently modernized elevator provides convenient access to all four floors. The building also includes ample storage areas, catering to diverse business needs. Its prime location offers immediate access to Indianapolis' Cultural Trail, with convenient shower and bike storage facilities available on-site for those who utilize the trail. The 0.06-acre lot provides a solid foundation for this well-maintained and updated property, making it an ideal acquisition for discerning investors seeking a strong presence in the heart of Indianapolis. The building's modern design and convenient amenities make it an attractive option for a variety of businesses. All 10,000 square feet are net rentable. The property is situated in Marion County, Indiana, with a zip code of 46204. Furniture is available for purchase separately.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Indianapolis, INZoning
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Zoning designation
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The district profile from the municipal source: what is on file for ZO01 in Indianapolis, IN.
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