1102 Stop 11 RdIndianapolis, IN 46227

For Sale
$5,200,000

Indianapolis Mixed-Use Investment

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional Indianapolis investment opportunity comprises three commercial buildings totaling 21,105 square feet on a 2.15-acre lot. Strategically located at a high-traffic intersection near US 31, between Indianapolis and Greenwood, this property boasts exceptional visibility thanks to prominent signage and multiple ingress/egress points. The portfolio includes three buildings: one 3,105 square foot building on a 0.82-acre lot, one 8,000 square foot building, and a 10,000 square foot building situated on a 1.33-acre lot. Currently, two buildings are fully occupied by established tenants, including Armed Forces Recruiters, Ceu Family Market, and Azzip Pizza, providing immediate cash flow. The third building offers a unique opportunity for owner-occupancy or lease to a new tenant. The property features a concrete parking lot with 90 shared spaces and benefits from flexible C3 zoning. This modern, contemporary design stands out in the market, offering a rare combination of established income and future growth potential. The asking price is $5,200,000. This is an ideal investment for those seeking a legacy asset with strong, enduring returns.

Highlights

  • Three-building portfolio totaling 21,105 square feet on a 2.15-acre lot.
  • High-traffic location at a major intersection near US 31, between Indianapolis and Greenwood, with excellent visibility.
  • Two buildings fully occupied by strong tenants (Armed Forces Recruiters, Ceu Family Market, Azzip Pizza), generating immediate cash flow.
  • One vacant 10,000 SF building (on 1.33 acres) offers owner-occupancy or lease-up potential.
  • 90 shared parking spaces and C3 zoning.
  • Asking price: $5,200,000.

Property Details for 1102 Stop 11 Rd

Property type
Restaurants, Other retail properties
Square Feet
21,105 SF
Buildings
3
Stories
1
Lot Size (sq. ft)
93,654 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.6502268
Longitude
-86.1391132
1102 Stop 11 Rd, Indianapolis, Indiana

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1102 Stop 11 Rd
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