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$3,900,000
22 Days Online

2121 Hillside Avenue
Indianapolis, IN 46218

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
43,000
SqFt
$91
/SqFt
1973
Built
County:
Marion
Listing courtesy of United Real Estate Indpls 317-216-8800
Call Now: 317-617-0732
Is this the home for you? We can help make it yours.
317-617-0732
2121 Hillside Avenue2121 Hillside Avenue
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Monthly Payment (Est.)

$17,793
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

FANTASTIC INVESTMENT PROPERTY!! 40, 000 sq ft building on 5 .5 acres close to downtown Indianapolis. Owner recently sold business. New business owner is a manufacturing company, financially strong and has a 5 year lease on entire property with a 5 year extension option. Base rent is $20, 833/month with a 3% increase each year. Tenant is responsible for insurance. Landlord is responsible for roof and taxes. Property has been meticulously maintained and is completely fenced with chainlink fence. Over 1200 sq ft of office space with seperate bathrooms, heated and cooled. Site was orginally used as industial dry-cleaning facility from 1960s until 2003. Property was classified as a "Brownfield Site" and maintains a Sub-Slab Depressurization system. On July 24, 2020 IDEM indicated all corrective action complete. See attached documents. Listing agent will answer questions and arrange viewing.

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Listing Snapshot
Price 
$3,900,000
Days Online 
22 Days
Bedrooms 
N/A
Inside Area (SqFt) 
43,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5.5 Acres
Year Built 
1973
MLS® Number 
21984523
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen online
General Features
Electric 
Underground
Number of Stories 
21
Acreage 
5.5
Property Sub Type 
Industrial
Attached Garage 
No
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Zoning 
I3
Direction Faces 
West
Number Of Stories 
2
Parking 
CommonAsphaltElectric GateGarage Door Opener
Interior Features
Cooling 
None
Heating 
GasOther
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Exterior Features
Roof 
Rubber
Fencing 
Chain Link
Waterfront Property 
No
Road Frontage 
City Street
Community Features
Township 
Center
MLS Area 
4912 - Marion - Center Ne
Listing courtesy of United Real Estate Indpls 317-216-8800



Listings courtesy of mibor as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2024-07-12 05:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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