For Sale
$1,200,000

8733 Us 31 Indianapolis, IN 46227

Executive Office, High Visibility, 3,492 SF

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 3,492 square foot executive office building, located at 8733 US 31 S in Indianapolis, Indiana, presents a compelling investment opportunity. Built in 1981, this single-story Class B property sits on a 1.22-acre lot and boasts a highly desirable C-4, Community-Regional District zoning. The building features 59 parking spaces, providing an impressive parking ratio of 16.89 spaces per 1,000 square feet. Its former use as a bank branch offers four drive-thru lanes, a significant advantage for a variety of potential uses. The property enjoys exceptional visibility and accessibility from US 31, a major thoroughfare with over 40,000 vehicles passing daily. Its location in a bustling commercial corridor, surrounded by national retailers, makes it ideal for businesses seeking high traffic exposure. The ample lot size and zoning offer excellent redevelopment potential. The property's Marion County location and 46227 zip code further enhance its appeal. The asking price is $1,200,000. APN: 49-15-19-124-001.000-500.

Highlights

  • Ample parking with 59 spaces (16.89 per 1,000 square feet).
  • Four drive-thru lanes.
  • Constructed in 1981.
  • C-4 Community-Regional zoning.
  • High visibility to over 40,000 vehicles daily.

Property Details for 8733 Us 31

Property type
Retail properties, Office properties
Square Feet
3,492 SF
Class
B
Year Built
1981
Buildings
1
Stories
1
Lot Size (sq. ft)
53,143 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.638885
Longitude
-86.128544
8733 Us 31, Indianapolis, Indiana

FAQs

What type of property is this?
Retail property - Executive Office, High Visibility, 3,492 SF
Where is the retail property located?
The property is located at 8733 Us 31 Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Ample parking with 59 spaces (16.89 per 1,000 square feet).; Four drive-thru lanes.; Constructed in 1981.
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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8733 Us 31
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