1213 Arlington Ave Indianapolis, IN 46219

Property Details for 1213 Arlington Ave

Year built

1971

Construction

TYPE NOT SPECIFIED

Lot size

3.08 lot acres

Property size

32,036 SF

Zone code

ZO01

Property type

Office Properties & Spaces

APN

49-07-35-106-073.000-701

APU

490735106073000701

Description

This exceptional C-Class executive office building, situated on a 3.08-acre lot in Indianapolis, Indiana, presents a compelling investment opportunity. The property, located at 1213 N Arlington Ave, zip code 46219, boasts a substantial 32,036 square feet of space, currently zoned C1. Built in 1971, the building offers approximately 25,000 square feet of office space and an additional 7,000 square feet of ground-floor retail space, ideal for a variety of uses. Ample parking is provided with 130 spaces available on-site. The asking price is $2,900,000, translating to a price per square foot of $90.52. Its strategic location offers convenient access to major transportation arteries, including I-70 and I-465, placing it within a 15-minute drive of downtown Indianapolis via Washington Street and just one mile from Community Hospital East. This presents a unique chance to acquire a well-positioned, sizable commercial property in a thriving area of Indianapolis. The building's size and layout offer significant flexibility for a variety of business needs, making it an attractive prospect for both owner-occupiers and investors. The property's substantial lot size also allows for potential future expansion or redevelopment. This is a rare opportunity to acquire a significant commercial property in a desirable location.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Longitude

-86.0634

Latitude

39.7849

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments