5703 S East Street

    Indianapolis, IN 46227
    • $425,000
    • STATUS: Active
    • ON SITE: 265 days
    • MLS #: 21540355
    UPDATED: 66 min ago
    $425,000
    • 0
      BEDS
    • 0.9
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1982
    County:

    School Ratings & Info

    Description

    This is an investment diamond just waiting to be mined! The #1 value of any real estate is location and with with over 14 million cars per year traveling right in front of this property, how can you beat the location? Easy access to I465 only 1 mile north. Not only can this be a cash cow now but with the continued development of the US 31 corridor from I465 all the way down to Greenwoood, this property is sure to increase in desirability and value. Professional management is available for this property.

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    © 2018 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/80234171

    5703 S East Street Indianapolis, IN 46227

    • Price: $425,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: 21540355
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.9
    Acres
    1982
    Built
    Neighborhood:
    4907 - Marion - Perry
    County:
    Marion
    Area:
    4907 - Marion - Perry
    Property Description
    This is an investment diamond just waiting to be mined! The #1 value of any real estate is location and with with over 14 million cars per year traveling right in front of this property, how can you beat the location? Easy access to I465 only 1 mile north. Not only can this be a cash cow now but with the continued development of the US 31 corridor from I465 all the way down to Greenwoood, this property is sure to increase in desirability and value. Professional management is available for this property.
    Exterior Features

    Building Size 8361 Construction Wood Road Access HwyusCitystreet Road Frontage HwyusFrontagerd Road Surface Asphalt

    Interior Features

    Baths Total 0.00 Max Contig Sq Ft 1800 Min Contig Sq Ft 500 Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities Seperate Electric MeterSeperate Gas MeterSeperage Sewer MeterWater Contingency Act With No Contingency Direct Soliciting No Disclosures Not Applicable Divisible No Existing Lease Yes Expenses 26293 Gross Potential Income 7932 Investment Yes Lease Type Gross Multi Tenants Yes Net Operating Income 11360 New Construction No Other Disclosures None Possession AtclosingTentantrights Possible Financing ConventionalInsuredconventional1031Exchange Present Use Office Property Sub Type Office Proposed Lease Gross Proposed Use Office Semi Annual Property Tax Amount 7877 Space Available 3520 Township Perry Transaction Type Sale Zoning C-1

    Listing provided courtesy of IPM Real Estate. © 2018 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2018 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.
     
    Mike Price Realty Team - RE/MAX Centerstone
    3930 Clarks Creek Road
    Plainfield IN, 46168