5450 86th Street, Indianapolis
5450 86th Street, Indianapolis, IN 46268
Purpose unavailable
$2,500,000
Pending
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
1986
Year Built
Additional Information
Home Features
Providence Property Group, PC
Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
This 3.05-acre property presents a fantastic value-add opportunity with both retail and industrial components, offering versatility and potential for increased returns. The retail site, zoned C4, consists of 15,000 square feet and is currently configured with 8 units, with the potential to be converted into 9 units. Most spaces are built out but would benefit from CAPEX improvements to modernize and maximize rental income. The industrial building, zoned I4, offers 6,300 square feet and is ideal for various industrial uses, providing flexibility for owner-users or tenants. This property is perfect for investors looking to enhance value through renovations and lease-up strategies. With strong zoning designations and ample space for improvements, this site is ready for its next phase of growth!
Location
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5450 86th Street, Indianapolis, IN 46268
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Listing provided courtesy of Jason Alsup at eXp Realty, LLC
Contact: jasonalsupexp@gmail.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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