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42 W South St 11,864 SF Retail Building Indianapolis, IN 46225 $2,721,459 CAD ($229.39 CAD/SF)
Investment Highlights
- Sale Price: $2,100,000
- Flexible Layout Supporting Dining, Event, or Office Space
- Indoor/ Outdoor Hospitality Flow including Patio and Rooftop Areas
- 11,864 SF Across 3 Stories Plus a 720 SF Rooftop Patio
- Fully Built Commercial Kitchen and Bar Infrastructure in Place
- Walkable Access to Hotels, Dining, Nightlife, and Downtown Amenities
Executive Summary
Rare Turnkey Restaurant Opportunity for Sale in Downtown Indianpolis Steps Away From Lucas Oil Stadium
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,864 SF
Building Class
B
Year Built
1900
Price
$2,721,459 CAD
Price Per SF
$229.39 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.60
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C4 RC & CBD 2 R4
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 5,932 SF
- Restaurant
- -
- Now
- 2nd Floor
- 5,932 SF
- Restaurant
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,932 SF | Restaurant | - | Now |
| 2nd Floor | 5,932 SF | Restaurant | - | Now |
1st Floor
| Size |
| 5,932 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 5,932 SF |
| Space Use |
| Restaurant |
| Position |
| - |
| Available |
| Now |
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-11-11-166-006.000-101 | Improvements Assessment | $1,215,507 CAD |
| Land Assessment | $331,477 CAD | Total Assessment | $1,546,984 CAD |
Property Taxes
Parcel Number
49-11-11-166-006.000-101
Land Assessment
$331,477 CAD
Improvements Assessment
$1,215,507 CAD
Total Assessment
$1,546,984 CAD
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42 W South St
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