$1,299,000 9503 East Washington Street Indianapolis, IN

MLS: 21743589   Type: Commercial   County: Marion   City: Indianapolis   Area: 4905-marion - Warren   Zip: 46229   Style: Vacant     Taxes: $16,080

Mortgage $6,099 /mo



Half Baths

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This retail center offers a 10 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 9.10%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.

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Price History

10/1/2020 Listed $12

Affected by Disclosures 0
Area 4905 - Marion - Warren
Available for Showing 1
BAC Amount BACAmount%
Contingency Act with no Contingency
Cumulative Days on Market 111
Disclosure Other None
Disclosures Not Applicable
Full Baths 0
Half Baths 0
Listing Type Exclusive Right to Lease
Possession Negotiable
Present Use Vacant
Property Description
Property Type Commercial
Retail Type StripCntr
Status Active
Sub Type Retail
Tax Year 2019
Township Warren
Year Built 1985
Zoning C-4

Interior Features

Beds Total 0
Total Baths 0.00

Exterior Features

Building Size 12730
Lot Size 39, 814
Road Access CityStreet
Road Surface Asphalt

Property Schools

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Gallery (16 photos)

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Property vs Zip Code Avg (46229)

Price 1.29M Avg 794K

Sqr Feet 4,050 Avg 4,484

Cost / Sqr Ft $321 Avg $177

Taxes $16,080 Avg $27,231

Acres 0.91 Avg 2.12

Visits 18 Avg 7

Days on Site 113 Avg 52

Walkscore® 44 Avg 49

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Keith Turnbill with RE/MAX Advanced Realty

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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN