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3535 W 16th St 5,900 SF Retail Building Indianapolis, IN 46222 For Sale
Investment Highlights
- ±1.03 acres of commercial land
- Flexible use potential: restaurant, c-store, auto, retail, and more
- High-visibility location on heavily traveled W 16th St
Executive Summary
Positioned on a high-traffic corridor, this ±1.03-acre site offers exceptional visibility and accessibility in a densely traveled area of Indianapolis. With strong daily traffic counts and excellent frontage along W 16th Street, the property presents a rare opportunity for users seeking exposure and convenience.
The site is well-suited for a wide range of commercial uses, including a restaurant concept, convenience store, automotive service, retail, or other service-oriented businesses. Its versatile layout and ample land area provide flexibility for redevelopment or repositioning to meet a variety of business needs.
Surrounded by established residential neighborhoods and supported by consistent commuter traffic, this location is ideal for operators looking to capture both local and pass-through customers.
The site is well-suited for a wide range of commercial uses, including a restaurant concept, convenience store, automotive service, retail, or other service-oriented businesses. Its versatile layout and ample land area provide flexibility for redevelopment or repositioning to meet a variety of business needs.
Surrounded by established residential neighborhoods and supported by consistent commuter traffic, this location is ideal for operators looking to capture both local and pass-through customers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,900 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.03 AC
Zoning
D-5 - Residential
Parking
81 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
178’ on W 16th St
Amenities
- Fenced Lot
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-06-32-103-001.000-901 | Improvements Assessment | $143,207 CAD |
| Land Assessment | $171,621 CAD | Total Assessment | $314,827 CAD |
Property Taxes
Parcel Number
49-06-32-103-001.000-901
Land Assessment
$171,621 CAD
Improvements Assessment
$143,207 CAD
Total Assessment
$314,827 CAD
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3535 W 16th St
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