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3445-3449 Ridge Rd
Highland, IN 46322
Highland Professional Center · Office Property For Sale
Executive Summary
This is a 3 unit all brick building built in 1982 with two available units for lease each are 1,500 SF. Unit 3445 on the Wast side is 1,500 SF with interiors featuring a waiting/reception office, 3 exam rooms, 2 offices, kitchen and private bathroom. Unit 3447 is on the West side owner occupied by Kanuru Interventional Spine & Pain Institute. Interior features include reception/waiting area, 3 offices, 4 exam rooms, conference room, break area, record/file room, storage room, nurses/prep area and 2 bathrooms. On a sale lease back the entire building is available for purchase asking $875,000. Unit 3449 is approximately 1,500 SF ideal for physical therapy with interior features including reception/waiting area, 2 exam rooms, open area, break area, closet and a private bathroom. Ample parking in rear of building. Tenant to pay utilities and janitorial. 147' frontage on Ridge Road. Built in 1982.
Located in Highland on the northwest corner of Ridge Road and Johnston Street just 1/2 mile east of Kennedy Avenue and 1 mile west of Cline Avenue, both of which provide direct access to Interstate 80/94. 2 miles to I-80/90, 1.4 miles east of Indianapolis Blvd., 6 miles N of U.S. Highway 30. INDOT traffic counts for 2025 16,970 cars/day.
Located in Highland on the northwest corner of Ridge Road and Johnston Street just 1/2 mile east of Kennedy Avenue and 1 mile west of Cline Avenue, both of which provide direct access to Interstate 80/94. 2 miles to I-80/90, 1.4 miles east of Indianapolis Blvd., 6 miles N of U.S. Highway 30. INDOT traffic counts for 2025 16,970 cars/day.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,976 SF
Building Class
C
Year Built
1982
Price
$1,234,362 CAD
Price Per SF
$206.55 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,976 SF
Building FAR
0.23
Lot Size
0.59 AC
Zoning
PUD - PUD
Parking
40 Spaces (6.7 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 45-07-22-377-022.000-026 | Improvements Assessment | $833,211 CAD |
| Land Assessment | $103,302 CAD | Total Assessment | $936,513 CAD |
Property Taxes
Parcel Number
45-07-22-377-022.000-026
Land Assessment
$103,302 CAD
Improvements Assessment
$833,211 CAD
Total Assessment
$936,513 CAD
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