1327 N Capitol Avenue

    Indianapolis, IN 46202
    • $100,000
    • STATUS: Pending
    • ON SITE: 195 days
    • MLS #: 21681768
    Under Contract
    UPDATED: 29 min ago
    $100,000
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1944
    County:

    School Ratings & Info

    Description

    Single story brick building (7748 sf, mostly warehouse with small amount of office space and two overhead doors), sits on a land lease, .19 acres, built in 1944, no HVAC. Adjacent undeveloped land approximately .11 acres being used in conjunction with building.Both parcels located in Opportunity Zone. Current location of Yellow Rose Carriage Company, tenant until 2026. Selling an assignment of the land lease and concurrently selling the adjacent 4600'+/- parcel of undeveloped land. The land lease includes the right to purchase the main parcel of land (which includes the building) at the end of the land lease

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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 Heard Real Estate Team | eXp Realty, LLC.
    www.indyhomehunter.com/homes/101118158

    1327 N Capitol Avenue Indianapolis, IN 46202

    • Price: $100,000
    • Status: Pending
    • Updated: 29 min ago
    • MLS #: 21681768
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    1944
    Built
    Neighborhood:
    4911 - Marion - Center Nw
    County:
    Marion
    Area:
    4911 - Marion - Center Nw
    Property Description
    Single story brick building (7748 sf, mostly warehouse with small amount of office space and two overhead doors), sits on a land lease, .19 acres, built in 1944, no HVAC. Adjacent undeveloped land approximately .11 acres being used in conjunction with building.Both parcels located in Opportunity Zone. Current location of Yellow Rose Carriage Company, tenant until 2026. Selling an assignment of the land lease and concurrently selling the adjacent 4600'+/- parcel of undeveloped land. The land lease includes the right to purchase the main parcel of land (which includes the building) at the end of the land lease
    Exterior Features

    Building Size 7748 Construction Brick Lot Size 8050 Road Access Frontage RoadCitystreet Road Frontage Citystreet Road Surface Asphalt Roof Built Up Sprinkler None

    Interior Features

    Baths Total 0.00 Max Contig Sq Ft 7748 Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities ElectricSewerWaterGas ConnectedMunicipal Storm Connected Direct Soliciting No Disclosures Not Applicable Divisible No Existing Lease Yes Gross Potential Income 12000 Investment Yes Lease Type Triplenet Multi Tenants No Net Operating Income 10400 New Construction No Other Disclosures Defects/See RemarksFixer Upper Possession Tenantrights Present Use Seeremarks Property Sub Type Industrial Proposed Use Industrial Semi Annual Property Tax Amount 2929 Space Available 0 Township Center Nw Transaction Type Sale Zoning I3u Rc

    Listing provided courtesy of F.C. Tucker Company. © 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 Heard Real Estate Team | eXp Realty, LLC.
     
    Heard Real Estate Team | eXp Realty, LLC
    1555 W Oak St Suite 50
    Zionsville IN, 46077