12 Delaware StIndianapolis, IN 46204

Property Details for 12 Delaware St

Year built

1930

Lot size

0.08 AC

Property size (Sq ft)

12,531 SF

Property type

Office properties

Property subtype

Other retail properties

Description

This exceptional three-story, 12,531 square foot office building presents a compelling investment opportunity in Indianapolis' vibrant Central Business District (CBD). Located at 12 N Delaware St, this Class B property boasts a prime location directly across from the Indianapolis City Market redevelopment project, ensuring high visibility and accessibility. Built in 1930, the building features a single tenancy with a mix of office and retail space. The 9,604 square feet of office space is complemented by two street-level retail units, totaling 1,128 square feet, and a 1,739 square foot lower level. The property sits on a 0.08-acre lot and is zoned CBD1, offering flexibility for various uses. An elevator serves all three floors, enhancing convenience and accessibility. The asking price is $1,450,000, and the lease type is NNN. This is an ideal opportunity for a corporate headquarters seeking a prestigious address or an investor looking for a strong return in a rapidly developing area. The property's historical character combined with its modern amenities makes it a truly unique investment prospect in the heart of Indianapolis. The Asset Property Number (APN) is 49-11-01-240-134.000-101.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7675

Longitude

-86.1547

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