For Sale
$1,450,000

12 Delaware StIndianapolis, IN 46204

Historic CBD Office, Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional three-story, 12,531 square foot office building presents a compelling investment opportunity in Indianapolis' vibrant Central Business District (CBD). Located at 12 N Delaware St, this Class B property boasts a prime location directly across from the Indianapolis City Market redevelopment project, ensuring high visibility and accessibility. Built in 1930, the building features a single tenancy with a mix of office and retail space. The 9,604 square feet of office space is complemented by two street-level retail units, totaling 1,128 square feet, and a 1,739 square foot lower level. The property sits on a 0.08-acre lot and is zoned CBD1, offering flexibility for various uses. An elevator serves all three floors, enhancing convenience and accessibility. The asking price is $1,450,000, and the lease type is NNN. This is an ideal opportunity for a corporate headquarters seeking a prestigious address or an investor looking for a strong return in a rapidly developing area. The property's historical character combined with its modern amenities makes it a truly unique investment prospect in the heart of Indianapolis. The Asset Property Number (APN) is 49-11-01-240-134.000-101.

Highlights

  • 9,604 SF Office Building
  • Elevator
  • Two (2) Demised Street-Level Retail Units
  • 1,128 SF Lower Level
  • Across from Indianapolis City Market Redevelopment

Property Details for 12 Delaware St

Property type
Retail properties, Office properties
Square Feet
12,531 SF
Class
B
Year Built
1930
Buildings
1
Stories
3
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.76749
Longitude
-86.154732
12 Delaware St, Indianapolis, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
12 Delaware St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message