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$1,299,000 $1,298,988on 12/9/2020

9503 E Washington Street Indianapolis, IN 46229

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Property Description
This retail center offers a 10 year lease from the main tenant (Car X) and the ability to lease the remaining square footage to greatly increase the cap rate. The pro forma cap rate is over 9.10%. The available spaces for lease are 1,350 square feet up to 4,050 square feet. This property offers excellent visibility with high traffic counts. It could be a great place for your retail or office use. Perhaps is could be a nail salon, hair salon, tax preparation, dollar store, check cashing, groceries, accountant, attorney, insurance company, etc.
Address:9503 E Washington Street Indianapolis IN 46229
Status:Active
on site: 114 days
Price:$1,299,000
Bathrooms:0
Year Built:1985
Lot Size:0.91
County: Marion
Township: Warren
MLS #:21743589
Property Type:Retail

Lot Dimensions:39,814
Road Access:CityStreet
Road Surface:Asphalt
Zoning:C-4
Building Utilities:Separate Electric Meter, Separate Gas Meter, Separate Sewer Meter, Sewer, Cable Available
Directions:1/2 mile east of Post Road on the north side of Washington Street. In the same building with CarX.
Loan Price
$8,657
Price And Interest $6,776/month
Property Tax $1,340/month
MTG INS $0/month
HOME INS $541/month
Price
$1,299,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$1,340/month
Home Owner Insurance
$6,492 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Michael Holl
Michael Holl

Senior Loan Officer

View My Profile

Courtesy of Tucker Mortgage
DateOld PriceNew PricePercent Change
12/09/20 $0,012 $1,299,000 10824900%
Semi-Annual Property Tax:$8,040
Tax Year:2019
Financial Disclosures:Not Applicable
Other Disclosures:None
Area: 4905 - Marion - Warren
Zip Code:46229
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
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Listing provided courtesy of RE/MAX Advanced Realty.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.