2506 Washington St Indianapolis, IN 46201

Property Details for 2506 Washington St

Year built

1922

Property size

4,158 SF

Property type

Commercial real estate

Description

This stunning 4,158 square foot executive office building, located at 2506 E Washington St in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1922, this classic bank building boasts high decorative ceilings and intricate details throughout. Recent renovations include a newly renovated and fenced parking lot. The property also features a second-level loft and a full basement, offering significant flexibility for various business uses. Large windows provide excellent natural light. The building is situated in a prime location, just two miles from Monument Circle and one mile from the Indy Criminal Justice Complex. Further enhancing its appeal, this property is located within a Qualified Opportunity Zone, offering potential capital gain deferrals and reductions (see attached documents for details). The asking price is $299,000, with a price per square foot of $108.23. The land value is $399,900 per acre. A new roof has recently been installed. The permitted zoning is C3. The lease type is NNN. This is a motivated seller situation, making this a truly exceptional opportunity to acquire a beautifully renovated, historically significant commercial property in a thriving Indianapolis location. Don't miss out on this chance to own a piece of Indianapolis history.