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    1040 N Rangeline Road

    Carmel, IN 46032
    • $1,100,000
    • STATUS: Pending
    • ON SITE: 112 days
    • MLS #: 21729177
    Under Contract
    UPDATED: 34 min ago
    $1,100,000
    • 0
      BEDS
    • 0.6
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1988
    County:

    School Ratings & Info

    Description

    Great Location low maintenance all brick design! Good return on investment property with established 80% Medical Office (Dentists)/20% Retail in downtown Carmel Indiana. Within walking distance to Carmel Arts District & Design and Clay Terrace Mall. Current dentist office with possible 10 years of optional renewals. Modified Gross lease with tenant paying utilities. Recent improvements including replacement of 2 HVAC units and parking lot paving/sealing.

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    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.
    www.mikepricerealestate.com/homes/108635260
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    1040 N Rangeline Road Carmel, IN 46032

    • Price: $1,100,000
    • Status: Pending
    • Updated: 34 min ago
    • MLS #: 21729177
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.6
    Acres
    1988
    Built
    Neighborhood:
    2910 - Hamilton - Clay
    County:
    Hamilton
    Area:
    2910 - Hamilton - Clay
    Property Description
    Great Location low maintenance all brick design! Good return on investment property with established 80% Medical Office (Dentists)/20% Retail in downtown Carmel Indiana. Within walking distance to Carmel Arts District & Design and Clay Terrace Mall. Current dentist office with possible 10 years of optional renewals. Modified Gross lease with tenant paying utilities. Recent improvements including replacement of 2 HVAC units and parking lot paving/sealing.
    Exterior Features

    Building Size 5156 Lot Size 26136 Road Access Frontage RoadCitystreet Road Frontage Citystreet Road Surface Asphalt Roof Asphalt Shingles New 2012 Signage Storefront

    Interior Features

    Baths Total 0.00 HVAC Separate Hvac Units- Max Contig Sq Ft 5156 Min Contig Sq Ft 1100 Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities ElectricSeparate Electric MeterCable AvailableGas AvailableMunicipal Sewer ConnectedMunicipal Water ConnectedStorm Sewer Direct Soliciting No Disclosures Corporate Owned Divisible Yes Existing Lease Yes Expenses 23445 Gross Potential Income 108000 Investment Yes Lease Type Gross Multi Tenants Yes Net Operating Income 85000 New Construction No Other Disclosures None Possession AtclosingNegotiable Possible Financing Conventional1031Exchange Present Use Medical Property Sub Type Office Proposed Lease Gross Proposed Term 5 Year Proposed Use CommmultenMedicalOffice Semi Annual Property Tax Amount 5947 Space Available 5156 Township Clay Transaction Type Sale Year Renovated 2004 Zoning Commercial

    Listing provided courtesy of Re/Max Ability Plus. © 2020 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Mike Price Realty Team - RE/MAX Centerstone.
     
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    Mike Price Realty Team - RE/MAX Centerstone
    3930 Clarks Creek Road
    Plainfield IN, 46168