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1001 Hosbrook St 6,765 SF Specialty Building Offered at $1,221,430 CAD at a 9.09% Cap Rate in Indianapolis, IN 46203

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EXECUTIVE SUMMARY

Owner will carry. The building had operated as an event center. We purchased it with the intention of remodeling as a youth hostel. Complete interior demolition. All architectural and engineering plans are available. We obtained a zoning change allowing it to be repurposed for any business. Lots of parking available, location in proximity to bustling commercial area of Fountain Square. Unable to provide cap rate at this time. The interior is empty and ready for remodeling. All systems were removed. For questions we are available at the following phone numbers: 303-520-6727 720-280-6524
561-236-6782 561-312-6606. Texting accepted.

PROPERTY FACTS

Price $1,221,430 CAD
Price Per SF $180.55 CAD
Sale Type Investment or Owner User
Cap Rate 9.09%
Sale Conditions
Build to Suit
  • Lease Option
  • Redevelopment Project
  • Building in Shell Condition
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Movie Radio TV Studio
Building Class B
Lot Size 0.24 AC
Building Size 6,765 SF
No. Stories 3
Year Built 1867
Tenancy Single
Parking Ratio 2.81/1,000 SF
Corridor Interior
Zoning MU-1 - Mixed use
Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-11-12-236-273.000-101
Land Assessment
$130,012 CAD
Improvements Assessment
$107,450 CAD
Total Assessment
$237,463 CAD
  • Listing ID: 36810406

  • Date on Market: 2025-07-18

  • Last Updated:

  • Address: 1001 Hosbrook St, Indianapolis, IN 46203

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