$375,000 2621 West 16th Street Indianapolis, IN

MLS: 21528064   Type: Commercial   County: Marion   City: Indianapolis   Area: 4909-marion - Wayne   Zip: 46222   Style: Restaurant     Taxes: $8,390

Mortgage $1,761 /mo



Half Baths

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Great opportunity to purchase a cash flowing property in a high traffic area with a NNN lease in place. Located at a corner stoplight on W 16th St. Near the Indy Motor Speedway. There is a 5-year NNN lease ($4,000/month) that ends 6/30/2021

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Price History

12/13/2017 Listed $375,000

Area 4909 - Marion - Wayne
Contingency Act with no Contingency
Present Use SeeRemarks
Property Sub Type Retail
Property Type Commercial
Proposed Use Restaurant
Retail Type FreeStand
Township Wayne
Zoning C-5

Exterior Features

Building Size 5025
Road Access CityStreet
Road Frontage CityStreet
Road Surface Asphalt

Property Schools

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Property vs Zip Code Avg (46222)

Price 375K Avg 196K

Sqr Feet 5,025 Avg 3,396

Cost / Sqr Ft $75 Avg $58

Taxes $8,390 Avg $4,505

Acres 0.53 Avg 0.54

Visits 26 Avg 13

Days on Site 133 Avg 182

Walkscore® 60 Avg 45

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Listing Provided Courtesy Of: No Limit Real Estate, LLC

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Location & Address

Indy Homes Realty Group, LLC
6349 S East Street
Indianapolis, IN