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Executive Summary

Well-built brick building near 16th and Ritter, very close to Community Hospital. 1 level with a finished basement. Currently occupied by Dammar. Property is zoned HD-2

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

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
Medical
Building Size
9,800 SF
Building Class
B
Year Built
1975
Price
$1,741,050 CAD
Price Per SF
$177.66 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
  • 1st Floor
  • 9,800 SF
  • Office
  • Full Build-Out
  • 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.

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.

Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
49-07-34-138-052.000-701
Land Assessment
$48,332 CAD
Improvements Assessment
$347,096 CAD
Total Assessment
$395,427 CAD
Annual Taxes
-$9,800 CAD (-$1.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39402919

  • Date on Market: 2026-02-11

  • Last Updated:

  • Address: 1640 N Ritter Ave, Indianapolis, IN 46218

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