5011 16th St Indianapolis, IN 46201

This 4,813-square-foot office building, located at 5011 W 16th St, Speedway, IN 46224, presents a unique investment opportunity. Priced at $950,000, this Class C property sits on a 0.56-acre lot and offers exceptional versatility. Built in 1970 and renovated in 2004, the single-story building features three separate entrances, ideal for multi-tenant occupancy or a single large user. Currently vacant, the property boasts ample parking with 20 spaces on the west side and additional potential for rear parking expansion. Its location near the Indianapolis Motor Speedway benefits from the area's revitalization, including new residential, dining, and motorsports-related businesses. Previously used as a financial services office and a daycare center, the 4,813 square feet of net rentable space provides adaptability for various business needs. The property is zoned ZO01 and includes one building with a total of 4,813 square feet. This presents a strong opportunity for an owner-user or investor seeking a flexible and well-located property in a thriving area. The property's history includes use as a financial services company and a daycare center, demonstrating its adaptability to diverse business models.