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1101 S East Street

Indianapolis, IN 46225
  • $274,000
  • STATUS: Active
  • ON SITE: 105 Days
  • MLS #: 21878037
Price Reduced
UPDATED: 67 min ago
$274,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1986
County:

School Ratings & Info

Description

Your next passive income source! This is the perfect investment property with a great tenant. The tenant is responsible for all expenses other than property taxes. This is an Amazing location with great drive-by traffic and easy access to everything in downtown Indianapolis, Bates-Hendricks, and Fountain Square neighborhoods. This has been a successful auto dealer for years. This was also the location of the original Hooks Drugs Store in 1900 (city will be recognizing the location with a plaque). The building features a one car garage and office space with bathroom. The new tenant has a lease in place and can be provided after an accepted offer. Contact listing agent for showings.

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© 2022 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.

Based on information submitted to the MLS GRID as of 2022-12-08T23:24:50.52. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.mikepricerealestate.com/homes/132465178
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1101 S East Street Indianapolis, IN 46225

  • Price: $274,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 67 min ago
  • MLS #: 21878037
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1986
Built
Neighborhood:
4913 - Marion - Center Se
County:
Marion
Area:
4913 - Marion - Center Se
Property Description
Your next passive income source! This is the perfect investment property with a great tenant. The tenant is responsible for all expenses other than property taxes. This is an Amazing location with great drive-by traffic and easy access to everything in downtown Indianapolis, Bates-Hendricks, and Fountain Square neighborhoods. This has been a successful auto dealer for years. This was also the location of the original Hooks Drugs Store in 1900 (city will be recognizing the location with a plaque). The building features a one car garage and office space with bathroom. The new tenant has a lease in place and can be provided after an accepted offer. Contact listing agent for showings.
Exterior Features

Lot Size 5918 Road Access Frontage RoadCitystreet Road Frontage Type City Street Road Surface Type Asphalt

Interior Features

Building Size 528 Full Baths MU 0 Half Baths MU 0 Rooms MU 0 Rooms Total MU 0 Sq Ft Main Upper 0

Property Features

Building Utilities ElectricSewerWater Contingency Act With No Contingency Current Financing Conventional Current Use Autodealer Disclosure Other None Disclosures Not Applicable Gross Potential Income 15000 Interstate Ramp<1Mi Net Operating Income 15000 New Construction YN No Possession Tenant's Rights Possible Use Autodealer Property Sub Type Office Reo Relocation YN No Retail Type Freestand Rooms Total 0 Semi Annual Property Tax Amt 705 Space Available 528 Tax Year 2021 Township Center Se Transaction Type Sale Zoning C-5

Listing provided courtesy of F.C. Tucker Company: f.adamcatron@gmail.com. © 2022 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2022 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.

Based on information submitted to the MLS GRID as of 2022-12-08T23:24:50.52. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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