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$1,280,000 -

141 N Shortridge Road Indianapolis IN 46219

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
1.6
Acres

This turnkey commercial property, comprising two buildings with a total of 10 Offices and 8 half-baths on a 1.6-acre lot, offers an excellent investment opportunity just 0.4 miles from I-465. Occupied by medical businesses, both buildings received upgrades in February 2024, including HVAC systems, heaters, paint, and carpet. Building 141 is equipped with a stair lift, enhancing accessibility on both levels for patients and staff. The expansive lot provides potential for additional development, allowing for permitted uses. This robust investment will boast a 8+ Cap rate once fully rented out providing significant cash flow. Offering Memorandum attached in the Document section.

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Property Details

Price: $1,280,000 Previously: $1,280,000 Originally: $1,280,000 Bathrooms: 0.00 MLS #: 22000001 Year Built: 1974 Township: Warren Sq. Ft Total: 12,800 Type: Commercial Sale Zip Code: 46219 City: Indianapolis Subdivision: Empty County: Marion School District: MSD Warren Township

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 1.60

Listing Office: Exp Realty, Llc

Office Contact: nigel.barretto@exprealty.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on December 23rd, 2024 at 10:31am EST.

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