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501 N Shortridge Rd
Indianapolis, IN 46219
Former Ransburg YMCA Facility · Retail Property For Sale
Investment Highlights
- Building Size: 53,815 SF
- Site Size: ±8.9 acres, includes ±5 acres of green space
- Large institutional-scale campus footprint Extensive on-site parking
- Asking Price: $3,250,000.00
- Large institutional-scale campus footprint
Executive Summary
The former Ransburg YMCA is a highly recognizable community and recreational campus located on approximately 8.9 acres on Indianapolis' east side. Originally constructed in 1960, with a significant addition completed in 1972, this well-established property presents a rare opportunity for redevelopment, adaptive reuse, institutional occupancy, educational use, healthcare services, recreational programming, or owner-user acquisition. This offering presents a unique opportunity to acquire a substantial institutional campus with existing recreational infrastructure, including indoor and outdoor aquatic facilities, multiple gymnasiums, wellness amenities, and expansive land area. The property is ideally suited for organizations seeking a highly visible and accessible Indianapolis location with immediate functionality and long-term redevelopment potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
89,192 SF
Building Class
B
Year Built
1960
Price
$4,481,555 CAD
Price Per SF
$50.25 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
8.91 AC
Zoning
SU7
Parking
150 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
443’ on N Shortridge Rd
Property Taxes
| Parcel Number | 49-10-01-101-020.000-700 | Improvements Assessment | $1,575,439 CAD |
| Land Assessment | $2,046,209 CAD | Total Assessment | $3,621,648 CAD |
Property Taxes
Parcel Number
49-10-01-101-020.000-700
Land Assessment
$2,046,209 CAD
Improvements Assessment
$1,575,439 CAD
Total Assessment
$3,621,648 CAD
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