For Sale
$299,000

2506 Washington St Indianapolis, IN 46201

Historic Indy Office, NNN Lease, $299K

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This stunning 4,158 square foot executive office building, located at 2506 E Washington St in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1922, this classic bank building boasts high decorative ceilings and intricate details throughout. Recent renovations include a newly renovated and fenced parking lot. The property also features a second-level loft and a full basement, offering significant flexibility for various business uses. Large windows provide excellent natural light. The building is situated in a prime location, just two miles from Monument Circle and one mile from the Indy Criminal Justice Complex. Further enhancing its appeal, this property is located within a Qualified Opportunity Zone, offering potential capital gain deferrals and reductions (see attached documents for details). The asking price is $299,000, with a price per square foot of $108.23. The land value is $399,900 per acre. A new roof has recently been installed. The permitted zoning is C3. The lease type is NNN. This is a motivated seller situation, making this a truly exceptional opportunity to acquire a beautifully renovated, historically significant commercial property in a thriving Indianapolis location. Don't miss out on this chance to own a piece of Indianapolis history.

Highlights

  • New Roof installed.
  • Qualified Opportunity Zone location.
  • Abundant natural light from large windows.
  • Motivated seller.

Property Details for 2506 Washington St

Property type
Office properties
Square Feet
4,158 SF
Year Built
1922

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.768356
Longitude
-86.1195689

FAQs

What type of property is this?
Office property - Historic Indy Office, NNN Lease, $299K
Where is the office property located?
The property is located at 2506 Washington St Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: New Roof installed.; Qualified Opportunity Zone location.; Abundant natural light from large windows.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2506 Washington St
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