2121 Hillside Avenue, Indianapolis, IN, 46218

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$3,900,000
169 Days On Site

2121 Hillside Avenue
Indianapolis, IN 46218

For Sale|Industrial|Active
0
Beds
0
Full Baths
0
Partial Baths
43,000
SqFt
$91
/SqFt
1973
Built
County:
Marion
Listing courtesy of United Real Estate Indpls 3173313364

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317-775-7812
2121 Hillside Avenue2121 Hillside Avenue
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FANTASTIC INVESTMENT PROPERTY!! 40,000 sq ft building on 5 .5 acres close to downtown Indianapolis. Owner recently sold business. New business owner is a manufacturing company, financially strong and has a 5 year lease on entire property with a 5 year extension option. Base rent is $20,833/month with a 3% increase each year. Tenant is responsible for insurance. Landlord is responsible for roof and taxes. Property has been meticulously maintained and is completely fenced with chainlink fence. Over 1200 sq ft of office space with seperate bathrooms, heated and cooled. Site was orginally used as industial dry-cleaning facility from 1960s until 2003. Property was classified as a "Brownfield Site" and maintains a Sub-Slab Depressurization system. On July 24, 2020 IDEM indicated all corrective action complete. See attached documents. Listing agent will answer questions and arrange viewing.

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Listing Snapshot
Price 
$3,900,000
Days On Site 
169 Days
Bedrooms 
N/A
Inside Area (SqFt) 
43,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
5.5 Acres
Year Built 
1973
MLS® Number 
21984523
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoListing first seen on site
6 months agoListing updated with changes from the MLS®
General Features
Acres 
5.5
Additional Property Use 
Industrial
Direction Faces 
West
Disclosures 
Not Applicable
Number Of Stories 
2
Parking 
CommonAsphaltElectric GateGarage Door Opener
Property Sub Type 
Industrial
SqFt Total 
43000
Stories 
One
Utilities 
Cable AvailableNatural Gas AvailableCable ConnectedElectricity ConnectedSewer ConnectedWater Connected
Zoning 
I3
Interior Features
Electric 
Underground
Heating 
Other
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Exterior Features
Fencing 
Chain Link
Road Frontage 
City Street
Roof 
Rubber
Community Features
MLS Area 
4912 - Marion - Center Ne
Roads 
Asphalt
School District 
Indianapolis Public Schools
Township 
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of United Real Estate Indpls 3173313364



Listings courtesy of as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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