For Sale
$890,000

3308 Emerson AveBeech Grove, IN 46107

8,000 SF Flex Space, Two Units

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional Beech Grove, Indiana investment opportunity presents a two-unit, 8,000 square foot flex space building situated on a 0.24-acre lot. Built in 1967, this single-story property is zoned for industrial use and features two units currently leased, providing immediate income potential. One unit is a turnkey indoor baseball facility operating under a month-to-month lease, offering flexibility for short-term or long-term plans. The second unit houses a transmission repair business, demonstrating the property's adaptability to various commercial uses. Both units are equipped with rear drive-in garage doors for convenient access and logistics. The property also benefits from an existing billboard lease, generating additional income for the new owner. Both units will be vacant at closing, allowing for immediate customization and renovation to suit the buyer's needs. Located at 3308 S Emerson Ave, Beech Grove, IN 46107 (APN: 49-10-28-113-074.000-502), this property offers high visibility and is situated in a thriving business community. The asking price is $890,000, representing a price per square foot of $111.25. This presents a compelling opportunity for investors seeking a multi-unit commercial property with strong income potential and significant upside in a desirable location. The property's versatility and existing infrastructure make it an ideal investment for a variety of commercial ventures.

Highlights

  • 8,000 SF flex space building on a 0.24-acre lot in Beech Grove, IN.
  • Two units currently leased, providing immediate income.
  • Zoned for industrial use with rear drive-in garage doors.
  • Includes an existing billboard lease generating additional income.
  • $890,000 asking price ($111.25/SF).

Property Details for 3308 Emerson Ave

Property type
Retail properties, Industrial properties
Square Feet
8,000 SF
Year Built
1967
Stories
1
Lot Size (sq. ft)
10,454 SF
Units
2

Location Insight

City
Beech Grove
County
Marion
State
Indiana
Latitude
39.7187411
Longitude
-86.0829502
3308 Emerson Ave, Beech Grove, Indiana

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3308 Emerson Ave
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