351 Transfer DrIndianapolis, IN 46214

Property Details for 351 Transfer Dr

Year built

1993

Construction

WOOD

Lot size

1.78 AC

Property size (Sq ft)

10,166 SF

Zone code

ZO01

Property type

Other commercial real estate

APN

49-12-03-116-003.000-900

APU

491203116003000900

Description

This versatile, 10,086-square-foot office building in Indianapolis' Speedway submarket presents a unique investment opportunity. Situated on a 1.78-acre lot, the two-story building features a mix of traditional office space and adaptable lab space, making it ideal for a variety of uses. Built in 1994, the Class C property boasts 42 parking spaces and a single elevator. The current single-tenant lease expires August 31, 2024, offering flexibility for future occupancy. The I2 zoning allows for diverse professional office uses, including medical, dental, financial, insurance, and general office businesses, as well as government entities. The property's location at 351 Transfer Drive, near the intersection of Transfer Drive and New York Street, in zip code 46214, provides excellent accessibility. A virtual tour is available. This property is ready for its next chapter, offering a blend of functionality and potential.

• Alternative Use

  Use

  Valuation

  Residential

  $1,507,928

  Hospitality

  $1,381,254

  Educational

  $1,149,187

  Medical

  $1,188,710

  Retail

  $1,787,625

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.771

Longitude

-86.2983

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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