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2401 N Ritter Ave 20,623 SF Industrial Building Indianapolis, IN 46218 $2,488,925 CAD ($120.69 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Zoning: I-3
  • New HVAC (5 units) installed 2025
  • City water/sewer plus well installed
  • New rubber roof installed on middle section in 2024, other roof sections are metal; Main entrance reception/office area, modular storage rooms and 5 r
  • 2,000 Amps w/ additional 3,000 Amps available
  • 4 drive-in doors and a 800 SF covered loading area; Detached, 975 SF Garage/Storage Building with drive-in door; Paved parking area

EXECUTIVE SUMMARY

Well maintained and improved industrial building built in 1969, renovated in 1995. Strategically located interstate connectivity, 1.1 miles (3 min) to I-70 and only 3.7 miles (5 min) to I-465. Great opportunity for wide range of businesses from manufacturing, distribution, indoor/outdoor storage, machinery/truck/heavy vehicle sales, rental or repair and more.

PROPERTY FACTS Under Contract

Price $2,488,925 CAD
Price Per SF $120.69 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 4.26 AC
Rentable Building Area 20,623 SF
No. Stories 1
Year Built 1969
Tenancy Single
Parking Ratio 0.97/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 4
Zoning I-3 - Industrial

AMENITIES

  • Reception
  • Storage Space

UTILITIES

  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 49-07-27-107-005.000-701
  • 49-07-27-107-006.000-701
Land Assessment
$346,464 CAD
Improvements Assessment
$308,814 CAD
Total Assessment
$655,278 CAD
  • Listing ID: 37809812

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: 2401 N Ritter Ave, Indianapolis, IN 46218

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