1129 16Th StIndianapolis, IN 46202

For Sale

12,579 SF, 122 Parking Spaces, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional Indianapolis commercial property, located at 1129 E 16th St, offers a unique blend of office and retail space totaling 12,579 square feet. The property boasts a highly desirable location with excellent visibility and frontage on 16th Street, providing ample opportunities for signage and branding. Currently, 61% of the space is occupied by Lessonly, a seismic company, leaving up to 12,579 square feet available for an owner/user. The strategic location benefits from proximity to significant residential developments, including the Westmont Apartments (250 units) and Monon Loft Apartments (142 units), as well as the Onyx + East Town Homes. This ensures a robust and growing customer base. Furthermore, the property is surrounded by a thriving mix of businesses, including Hotel Tango Distillery, Festiva, Cannonball Brewing, West Fork Whiskey Co., and Tinker House, creating a vibrant and attractive environment. The property features 122 parking spaces, providing ample convenience for tenants and customers. The permitted zoning is DP. The property's APN numbers are 106286, 1106285, and 1106288. This presents a rare opportunity to acquire a well-situated, versatile commercial property in a rapidly developing area of Indianapolis. The combination of high visibility, ample parking, and proximity to residential and commercial establishments makes this an ideal investment for owner-occupiers or investors seeking a strong return.

Highlights

  • 12,579 SF office/retail space available in Indianapolis, IN.
  • 61% occupancy by Lessonly, a seismic company.
  • Up to 12,579 SF available for owner-user.
  • Excellent visibility and signage on 16th Street.
  • Located near multiple apartment complexes and popular businesses.
  • 122 parking spaces.

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.788468545115
Longitude
-86.139090025358
1129 16Th St, Indianapolis, Indiana

FAQs

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1129 16Th St
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