9503 E Washington St

Indianapolis, IN 46229 View Map $1,249,000 Schedule a Tour
Acres0.91
Year1985
Schedule a Tour
Dennis Nottingham

Dennis Nottingham

(317) 316-8224
 
ASAP
Sun
4
Dec
Mon
5
Dec
Tue
6
Dec
Wed
7
Dec
Thu
8
Dec
Fri
9
Dec
Sat
10
Dec
Choose Your Date -- It's Free, Cancel Anytime
Status: Active
Property Type:Retail
MLS #:21892081
On Site:30 Days
Lot Size:0.91 Acres
County:Marion
This retail center offers a 5 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 8.50%. 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.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:9503 E Washington St Indianapolis, IN 46229
County:Marion
Township:Warren
Zip Code:46229

Property Features

Lot Size: 0.91 Acres
Lot Dimensions:39, 814
Building Utilities: Separate Electric Meter, Separate Gas Meter, Sewer, Water
Zoning:C-4
Directions:West of Mitthoeffer Road on the south side of Washington Street

Tax and Financial Info

Tax Year: 2021
Contingency: Act with no Contingency
Net Income: $106,270
Semi-Annual Property Tax: 8412
Gross Potential Income: 114450
Disclosures: Not Applicable
Possession: Negotiable

Schools

WALKING AND TRANSPORTATION

0
Wait...
Walk Score ®
0
Wait...
Transit Score ®
0
Wait...
Bike Score ®
Please wait while loading...

Schedule a Tour

9503 E Washington St Indianapolis, IN 46229
GO SEE THIS LISTING
9503 E Washington St Indianapolis, IN 46229
 
ASAP
Sun
4
Dec
Mon
5
Dec
Tue
6
Dec
Wed
7
Dec
Thu
8
Dec
Fri
9
Dec
Sat
10
Dec
Choose Your Date -- It's Free, Cancel Anytime
Printable Flyer Get Directions
Listing Information Last Updated 12/3/2022
Listing provided courtesy of RE/MAX Advanced Realty (turnbillk@gmail.com).
Information Deemed Reliable But Not Guaranteed. © 2022 Metropolitan Indianapolis Board of REALTORS®.