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Fountain Square Mixed-Use 1354 S Shelby St 10 000 pi² 100% Loué Commerce de détail Immeuble Indianapolis, IN 46203 2 382 045 $ CAD (238,20 $ CAD/pi²) 8,29% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Five fully renovated residential apartments paired with two ground-floor retail spaces provide diversified income streams.
- Fountain Square’s continued revitalization attracts residents, retailers, and visitors, supporting long-term rental and appreciation potential.
- Both the apartments and retail spaces have been fully updated, reducing near-term capital expenditure needs.
- Value-Add Potential – Opportunity to further increase revenue through market rent adjustments and creative leasing strategies.
RÉSUMÉ DE L'ANNONCE
MIXED-USE OFFICE
Total of ± 10,000 SF
- Five fully renovated residential apartments paired with two ground-floor retail spaces provide diversified income streams.
- Both the apartments and retail spaces have been fully updated, reducing near-term capital expenditure needs.
- Fountain Square’s continued revitalization attracts residents, retailers, and visitors, supporting long-term rental and appreciation potential.
- Value-Add Potential – Opportunity to further increase revenue through market rent adjustments and creative leasing strategies.
Prime Fountain Square Asset – Situated in the heart of one of Indianapolis’ most vibrant and growing districts, known for its dining, arts, and entertainment scene.
Versatile Commercial Space – Flexible layout ideal for retail, office, or creative studio use with potential for multiple configurations.
Strong Demographics – Surrounded by a dense and growing residential base with increasing disposable income and demand for neighborhood amenities.
Excellent Access & Parking – Convenient access from Shelby Street with nearby public parking options and walkability to Fountain Square attractions.
Investment Opportunity – Rare chance to acquire a well-located property in a rapidly appreciating submarket of Indianapolis with continued redevelopment momentum.
Prime Fountain Square Asset
Fountain Square is one of Indianapolis’ fastest-growing urban submarkets, combining historic character with a thriving commercial core. The district’s walkable streets are lined with restaurants, breweries, boutiques, and entertainment venues that draw steady foot traffic from residents and visitors alike.
Continued investment in mixed-use developments, infrastructure, and housing has created a robust live-work-play environment, making Fountain Square a prime location for businesses, retailers, and investors seeking long-term growth in Indianapolis’ urban market.
Minutes from Downtown Indianapolis
Convenient access to Monument Circle, Lucas Oil Stadium, Gainbridge Fieldhouse, and the Indiana Convention Center
Excellent Connectivity
Easy access to Interstates I-65, I-70, and I-465, providing seamless connectivity to the greater Indianapolis metropolitan area.
Local Environment
Surrounded by a growing residential base, coworking spaces, and cultural destinations that continue to draw people to the Fountain Square district.
Ongoing Area Development
Continued investment in infrastructure, streetscape improvements, and new multifamily/retail projects reinforcing Fountain Square’s status as a premier mixed-use destination.
Total of ± 10,000 SF
- Five fully renovated residential apartments paired with two ground-floor retail spaces provide diversified income streams.
- Both the apartments and retail spaces have been fully updated, reducing near-term capital expenditure needs.
- Fountain Square’s continued revitalization attracts residents, retailers, and visitors, supporting long-term rental and appreciation potential.
- Value-Add Potential – Opportunity to further increase revenue through market rent adjustments and creative leasing strategies.
Prime Fountain Square Asset – Situated in the heart of one of Indianapolis’ most vibrant and growing districts, known for its dining, arts, and entertainment scene.
Versatile Commercial Space – Flexible layout ideal for retail, office, or creative studio use with potential for multiple configurations.
Strong Demographics – Surrounded by a dense and growing residential base with increasing disposable income and demand for neighborhood amenities.
Excellent Access & Parking – Convenient access from Shelby Street with nearby public parking options and walkability to Fountain Square attractions.
Investment Opportunity – Rare chance to acquire a well-located property in a rapidly appreciating submarket of Indianapolis with continued redevelopment momentum.
Prime Fountain Square Asset
Fountain Square is one of Indianapolis’ fastest-growing urban submarkets, combining historic character with a thriving commercial core. The district’s walkable streets are lined with restaurants, breweries, boutiques, and entertainment venues that draw steady foot traffic from residents and visitors alike.
Continued investment in mixed-use developments, infrastructure, and housing has created a robust live-work-play environment, making Fountain Square a prime location for businesses, retailers, and investors seeking long-term growth in Indianapolis’ urban market.
Minutes from Downtown Indianapolis
Convenient access to Monument Circle, Lucas Oil Stadium, Gainbridge Fieldhouse, and the Indiana Convention Center
Excellent Connectivity
Easy access to Interstates I-65, I-70, and I-465, providing seamless connectivity to the greater Indianapolis metropolitan area.
Local Environment
Surrounded by a growing residential base, coworking spaces, and cultural destinations that continue to draw people to the Fountain Square district.
Ongoing Area Development
Continued investment in infrastructure, streetscape improvements, and new multifamily/retail projects reinforcing Fountain Square’s status as a premier mixed-use destination.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
10 000 pi²
Classe d’immeuble
C
Année de construction
1957
Prix
2 382 045 $ CAD
Prix par pi²
238,20 $ CAD
Taux de capitalisation
8,29%
Revenu net d’exploitation
197 361 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Dalle à dalle
8’
Coefficient d’occupation des sols de l’immeuble
0,79
Taille du lot
0,29 AC
Zonage
MU2
Stationnement
10 places (1 places par 1 000 pi² loué)
Façade
87’ sur S Shelby St
Walk Score®
Très pratique à pied (81)
Bike Score®
Très cyclable (88)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 49-11-13-150-046.000-101 | Évaluation des bâtiments | 229 262 $ CAD |
| Évaluation du terrain | 344 386 $ CAD | Évaluation totale | 573 649 $ CAD |
Impôts fonciers
Numéro de lot
49-11-13-150-046.000-101
Évaluation du terrain
344 386 $ CAD
Évaluation des bâtiments
229 262 $ CAD
Évaluation totale
573 649 $ CAD
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Fountain Square Mixed-Use | 1354 S Shelby St
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