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1640 N Ritter Ave 9,800 SF Office Building Indianapolis, IN 46218 $1,701,463 CAD ($173.62 CAD/SF)
Executive Summary
Well-built brick building at the corner of 16th and Ritter, very close to Community Hospital. 1 level with a finished basement. Currently occupied by DaMar
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
9,800 SF
Building Class
B
Year Built
1975
Price
$1,701,463 CAD
Price Per SF
$173.62 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,900 SF
Slab To Slab
9’
Building FAR
0.62
Lot Size
0.36 AC
Zoning
HD-2 - HD-2 allows for assisted living, nursing home, Day care, school, office use, restaurants, research and development
Parking
26 Spaces (2.65 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Monument Signage
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Well built and maintained brick medical office building near Community Hospital. Located just North of 16th Street on the West side of Ritter Avenue. 1 level with a full finished basement.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 9,800 SF | Office | Full Build-Out | Jul 2026 |
1st Floor
| Size |
| 9,800 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Jul 2026 |
1st Floor
| Size | 9,800 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Jul 2026 |
Well built and maintained brick medical office building near Community Hospital. Located just North of 16th Street on the West side of Ritter Avenue. 1 level with a full finished basement.
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Property Taxes
| Parcel Number | 49-07-34-138-052.000-701 | Total Assessment | $309,957 CAD (2024) |
| Land Assessment | $47,029 CAD (2024) | Annual Taxes | -$9,800 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $262,928 CAD (2024) | Tax Year | 2025 |
Property Taxes
Parcel Number
49-07-34-138-052.000-701
Land Assessment
$47,029 CAD (2024)
Improvements Assessment
$262,928 CAD (2024)
Total Assessment
$309,957 CAD (2024)
Annual Taxes
-$9,800 CAD (-$1.00 CAD/SF)
Tax Year
2025
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1640 N Ritter Ave
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