8733 Us 31Indianapolis, IN 46227

Property Details for 8733 Us 31

Year built

1981

Lot size

1.22 AC

Property size (Sq ft)

3,492 SF

Property type

Retail properties

Property subtype

Office properties

Description

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.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.6389

Longitude

-86.1285

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