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2901 W 16th St 2,775 SF Retail Building Indianapolis, IN 46222 $407,408 CAD ($146.81 CAD/SF)
INVESTMENT HIGHLIGHTS
- high traffic location
- near Indianapolis Motor Speedway
EXECUTIVE SUMMARY
Mixed use property. An opportunity to have a business and live on the property. Retail/office space with front entrance. Rehabbed interior with showroom, storage rooms, restroom. Residential 2 story space with private entrance. Building has 2 HVAC units. High traffic area just east of Speedway. Street parking for customers. Two off street parking spaces. Residential space is newly remodeled. New kitchen, bathroom, living room, bedroom. Ready to move in.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) 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 - 2024) 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
Retail
Property Subtype
Building Size
2,775 SF
Building Class
C
Year Built/Renovated
1947/2024
Price
$407,408 CAD
Price Per SF
$146.81 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.18 AC
Zoning
ZO01 - Mixed use
Parking
2 Spaces (0.72 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Storage Space
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-06-33-153-133.000-901 | Total Assessment | $103,339 CAD |
| Land Assessment | $35,553 CAD | Annual Taxes | -$2,775 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $67,786 CAD | Tax Year | 2024 Payable 2025 |
PROPERTY TAXES
Parcel Number
49-06-33-153-133.000-901
Land Assessment
$35,553 CAD
Improvements Assessment
$67,786 CAD
Total Assessment
$103,339 CAD
Annual Taxes
-$2,775 CAD (-$1.00 CAD/SF)
Tax Year
2024 Payable 2025
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Presented by
Sullivan Realty Group LLC
2901 W 16th St
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