Current Use by Public Records
- E & F Electronics / Electronics & Wireless Store
- MGR Premier Produce Co / Agricultural Supply / Food Market
- Tedrowe Inc / Big Box & Wholesale Store / Furniture & Home Goods
- Shield Protection Solutions LLC / Security Service
- Excel Web Host / Marketing & Advertising / (Bike/Boat/Book/etc) Store
Property Details for 55 State Ave
- Year built
- 1935
- Property type
- Warehouses
- Property subtype
- Land
Description
This 127,798 square foot industrial property, known as the A&P Building, presents a unique investment opportunity in Indianapolis, Indiana. Built in 1935 and renovated in 2020, this Class B building offers flexible spaces ranging from a minimum of 108 square feet to a maximum contiguous space of 3,320 square feet. The property features a total of three stories and is situated on a two-acre fenced lot, providing ample outdoor space. The building is ideally suited for multiple tenants, offering a vibrant community atmosphere for small businesses and professionals. Its location is highly desirable, less than a mile from the I-70 and I-65 interchange on the east side of downtown Indianapolis, just one mile from The Circle, and one block south of E. Washington St./US 40. The property's proximity to Willard Park and popular neighborhoods like Mass Ave, Fletcher Place, and Fountain Square adds to its appeal. The building offers one parking space. This is a rare opportunity to acquire a well-located, versatile industrial property with significant potential for growth. The address is 55 S State Ave, Indianapolis, IN 46201.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1274
- Latitude
- 39.7656
