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27609446
28204350

951 W Morris St, Indianapolis, IN 46221

Allies Commercial Realty
Allies Commercial Realty
Listed by Allies Commercial Realty
Unpriced
242 days on market
Updated 10 days ago

951 W Morris St

Details
Property Type Industrial
Sub Type Flex, Manufacturing (+1)
Square Footage 42,000
Net Rentable (SqFt) 42,000
Units 5
Occupancy 63%
Tenancy Multi
Lease Type Modified
Broker Co-Op Yes
Acreage 2.000
Zoning C-7
Investment Type Value Add
Ceiling Height 15-20'
Loading Docks 3
Dock High Doors 2

C-7 Zoned Free-Standing Industrial Building Near I-70

Marketing description

**951 W Morris St is a value-add industrial investment. Suites A-C are leased to DK Home Furniture & Mattress. Suite E is leased to RH Motorsports. There is a 60-day Landlord termination option for both tenants upon a sale of the property.

Allies Commercial Realty has been exclusively retained to market for sale the Riva Campo Portfolio, a rare five-parcel industrial and flex property package totaling 78,543 SF across 3.33 acres in Indianapolis. With C-7 zoning and a strategic location near Lucas Oil Stadium, Lilly Technology Center, and the White River, this portfolio offers significant upside for investors seeking value-add opportunities in a rapidly developing submarket.

The portfolio consists of five properties featuring diverse building sizes and uses, including industrial, flex, and parking. Combined, the sites offer multiple dock and drive-in loading options, clear heights ranging from 11’–20’, and strong accessibility from both Morris Street and Kentucky Avenue. Currently, the portfolio is 75% occupied allowing for a compelling value-add opportunity for investors seeking to enhance returns through lease-up, repositioning, or redevelopment.

Positioned within minutes of downtown Indianapolis and surrounded by high-profile developments such as Eleven Park, Back 9 Golf, and the Elanco Global HQ, this portfolio is uniquely situated for both passive investment and redevelopment strategies. With year-to-year leases currently in place, investors have the flexibility to reposition the properties to meet market demand and maximize returns.

Listing Contacts

Allies Commercial Realty
Allies Commercial Realty
Listed by Allies Commercial Realty

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