$1,400,000
$1,699,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
1213 N Sherman DR Indianapolis, IN 46201
49,600 SqFt
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 49,600 sqft
Price per Sqft $28
MLS Listing ID 22024742
Sold Date 04/18/25
Year Built 1953
Tax Year 2023
Lot Size 5.390 Acres
Acres 5.39
Property Sub-Type Industrial
Property Description
This is your opportunity to own nearly 50,000 square feet of buildings on 5.39+/- acres in the heart of Indianapolis. This property has I-4 zoning which is difficult to find. There is currently a tenant in place in the building paying $10,500 per month. This could be an opportunity to own an industrial property with solid income and the ability to add additional income sources such as outdoor storage on the land.
Location
State IN
County Marion
Zoning I-4
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Gas Nearby, Sewer Connected, Water Connected
Building
New Construction false
Schools
School District Indianapolis Public Schools
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