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22881511
22881536

1728 W 16th St, Indianapolis, IN 46202

Annie Scott Commercial Real Estate
Listed by Annie Scott Commercial Real Estate
$869,000
418 days on market
Updated 2 days ago
Opportunity zone

1728 W 16th St, Indianapolis, IN 46202

Details
APN 49-06-34-121-026.000-101
Property Type Industrial, Office (+1)
Sub Type Auto Shop, Flex (+1)
Square Footage 6,964
Class C
Year Built 1953
Year Renovated 2016
Buildings 1
Stories 1
Lot Size (SqFt) 19,689
Zoning C5
Ground Lease No

Industrial | 6,964 SqFt

Marketing description

This freestanding office or commercial building, situated on ± 0.45 acres (± 19,689 SF per assessor), presents a compelling opportunity for commercial or industrial use, particularly given its C-5 zoning suitability, which is among the most desirable commercial classifications in Indianapolis. The property is located in close proximity to I-65, offering ease of access and logistical advantages.

Key Features & Strengths:

  • Structural Integrity & Layout: The building retains good bones, and the conference room remains intact.

  • Location & Zoning: The property is well-positioned for C-5 zoning, allowing for a variety of high-value commercial and industrial uses.

  • Site Enhancements:

    • Completely renovated in 2016 with significant capital improvements.

    • Newly paved and dedicated parking lot.

    • Fencing, and gates added for security and aesthetics.

    • Drive-in door and dock, along with outdoor storage area for flexible operational use.

    • Monument signage in place for branding and visibility.

  • Connectivity & Accessibility:

    • Adjacent to Riverside Regional Park and in proximity to 16Tech, a growing innovation district.

  • Interior & Collaboration Spaces:

    • Features multiple conference and collaboration areas.

    • Includes an open ceiling and a glass-front conference room that enhances natural light and aesthetic appeal.

Whether you're an investor seeking income potential or an owner-user ready to establish your presence in a booming area, this property presents a compelling opportunity with value-add potential.

Don't miss your chance to own a piece of Indianapolis’ urban growth story—schedule your private tour today.

Listing Contacts

Annie Scott Commercial Real Estate
Listed by Annie Scott Commercial Real Estate

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