6555 Carrollton Ave Indianapolis, IN 46220-1664

Property Details for 6555 Carrollton Ave

Year built

1974

Construction

WOOD

Lot size

0.26 lot acres

Property size

4,464 SF

Property type

Office Properties & Spaces

APN

49-03-36-105-034.000-801

APU

490336105034000801

Description

This 4,464 square foot, Class A office building in Indianapolis' Broad Ripple neighborhood is for sale at $1,100,000. The two-story building, constructed in 1974 and extensively renovated in 2018, features 2,232 square feet per floor and offers versatile space ideal for owner-occupancy. The property includes 20 parking spaces with an approved parking lot barn, four restrooms (two per floor), and a new HVAC system, roof, and electrical system (circa 2018). The building boasts 600 amps of 3-phase and single-phase electric service, and a generator providing backup power for lighting, electric, and server air conditioning. The interior is designed with quality finishes and soundproofed offices. The main level features easily removable half-walls, allowing for flexible space configuration. The lower level has a dropped ceiling (currently 7.5 feet high) and a structural wall that could be opened to expand the space. A dedicated server room with air conditioning is also present. The current tenant's lease expires July 31, 2025, with potential for lease expansion. The property is zoned D-4 with a commercial/medical use variance and enjoys a prime location, just one block east of North College Avenue and south of East 66th Street, offering easy access to shopping, entertainment, and restaurants. The 0.39-acre lot provides ample space. The building is currently 49% occupied, with the occupancy date set for December 1, 2024.