1102 Stop 11th Rd Indianapolis, IN 46227-8409

Property Details for 1102 Stop 11th Rd

Year built

2018

Construction

WOOD

Lot size

1.33 lot acres

Property size

8,040 SF

Property type

Office Properties & Spaces

APN

49-15-18-117-004.000-500

APU

491518117004000500

Description

This exceptional Indianapolis investment opportunity comprises three commercial buildings totaling 21,105 square feet on a 2.15-acre lot. Strategically located at a high-traffic intersection near US 31, between Indianapolis and Greenwood, this property boasts exceptional visibility thanks to prominent signage and multiple ingress/egress points. The portfolio includes three buildings: one 3,105 square foot building on a 0.82-acre lot, one 8,000 square foot building, and a 10,000 square foot building situated on a 1.33-acre lot. Currently, two buildings are fully occupied by established tenants, including Armed Forces Recruiters, Ceu Family Market, and Azzip Pizza, providing immediate cash flow. The third building offers a unique opportunity for owner-occupancy or lease to a new tenant. The property features a concrete parking lot with 90 shared spaces and benefits from flexible C3 zoning. This modern, contemporary design stands out in the market, offering a rare combination of established income and future growth potential. The asking price is $5,200,000. This is an ideal investment for those seeking a legacy asset with strong, enduring returns.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Longitude

-86.139

Latitude

39.6505

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments