1145 22Nd StIndianapolis, IN 46202

This exceptional mixed-use property, located at 1145 E 22nd St, Indianapolis, IN 46202, presents a unique investment opportunity. The 23,735 square foot, two-story brick building sits on a 0.95-acre lot encompassing four parcels, including a courtyard and west parking lot. Currently zoned CS, the property requires city approval for its intended use. The building boasts a charming character, having previously served as a charter school and office space for local non-profit organizations. Features include bright, open-air offices, a courtyard, kitchenette, elevator, and key-fob security entry. The asking price is $1,780,125 ($75 per square foot). The net rentable space is 15,322 square feet, with common areas representing 35% of the total square footage. Two short-term leases are in place, expiring June 29, 2025, currently occupying 22% of the building. The property's ideal user is an owner-occupant, given the significant available space. The property's location along the Monon Trail and E. 22nd Street, coupled with its proximity to downtown Indianapolis and Douglas Park, offers significant potential for growth and redevelopment. Note that the adjacent property at 2130 Yandes St. and the playground/parking lot to the east are not included in the sale. The operating expenses are $7.60 per square foot. This is a for-sale-by-owner opportunity. The property's address is 1145 E 22nd St, Indianapolis, IN 46202, with APN 49-07-30-107-015.001-101.