5102 Central AveIndianapolis, IN 46205
- Other commercial real estate
- 7,206 SF
Property Details for 5102 Central Ave
- Year built
- 1925
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.48 AC
- Property size (Sq ft)
- 7,206 SF
- Zone code
- ZO01
- Property type
- Other commercial real estate
- APN
- 49-06-12-110-046.000-801
- APU
- 490612110046000801
Description
This exceptional 7,206-square-foot church building presents a unique opportunity for a single tenant in a highly desirable Indianapolis location. Situated on a 0.48-acre lot at 5102 Central Ave, Indianapolis, IN 46205, this property offers a spacious and well-maintained facility ideal for a variety of uses. The existing church structure is available for shared space use, providing a beautiful and established setting. Its central location offers easy access to key areas, including the vibrant Broad Ripple Village and the prestigious Butler University campus, ensuring high visibility and convenient access for potential clientele. The property boasts a total building area of 7,206 square feet, providing ample space for various needs. Property taxes are $0. This is a rare chance to secure a significant presence in a thriving Indianapolis neighborhood. The building's existing infrastructure and established location offer immediate occupancy and significant cost savings compared to new construction. The property's prime location and unique character make it an exceptional investment opportunity. This is a single-tenant property, ensuring exclusive use and control. Consider the potential for this adaptable space to serve your business needs in a highly sought-after area of Indianapolis.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,072,538
- Hospitality
- $982,439
- Educational
- $817,377
- Medical
- $845,488
- Retail
- $1,271,476
Location Insight
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Latitude
- 39.8452
- Longitude
- -86.1504
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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