216 Parkway AveIndianapolis, IN 46225

Property Details for 216 Parkway Ave

Year built

1912

Construction

TYPE NOT SPECIFIED

Lot size

0.35 AC

Property size (Sq ft)

12,504 SF

Zone code

ZO01

Property type

Commercial real estate

APN

49-11-13-218-057.000-101

APU

491113218057000101

Description

This stunning 12,500 square foot mixed-use property at 216 Parkway Avenue in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1912, this charming building currently operates as a church but offers immense versatility. Its spacious layout is ideal for a variety of uses, including a wedding venue, office space, or even a daycare center. The property's substantial size allows for ample room for large gatherings. The asking price is $1,500,000, translating to $120 per square foot. Situated on a generous 15,400 square foot lot, the property also includes three additional lots, providing the potential for expanded parking or future development. Located in Marion County, Indiana, with the zip code 46225, this property boasts a rich history and a bright future, ready for its next chapter. Its prime location and adaptable design make it an exceptional investment for discerning buyers seeking a unique and versatile property with significant upside potential. The building's historical character blends seamlessly with its modern adaptability, making it a truly remarkable opportunity. Don't miss this chance to acquire a piece of Indianapolis history with significant redevelopment potential.

• Alternative Use

  Use

  Valuation

  Residential

  $1,858,535

  Hospitality

  $1,702,408

  Educational

  $1,416,384

  Medical

  $1,465,095

  Retail

  $2,203,263

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7492

Longitude

-86.1534

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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