311 Shelby StIndianapolis, IN 46202

Property Details for 311 Shelby St

Year built

1974

Construction

TYPE NOT SPECIFIED

Lot size

19.75 AC

Property size (Sq ft)

6,714 SF

Zone code

ZO01

Property type

Commercial real estate

APN

49-10-07-186-001.000-101

APU

491007186001000101

Description

This exceptional 19+ acre industrial property presents a rare opportunity in a prime I-4 zoned location. The site features two existing buildings totaling over 11,000 square feet, offering versatile space for various industrial uses. Building #1 comprises approximately 6,800 square feet, combining office and warehouse space, while Building #2 provides approximately 4,500 square feet of shop space. Both buildings are single-story structures with ceiling heights ranging from 15 to 18 feet. The property boasts four drive-in doors for convenient loading and unloading, and is equipped with 3-phase power. No elevators are present. The property is divisible, offering flexible leasing options. A 3.5-acre parcel or a 5.5-acre parcel (both fenced) are available for lease at $3,000 per acre per month, NNN. Alternatively, the entire rear 10 acres, encompassing both industrial buildings, can be leased for $50,000 per month, NNN. The landlord is open to negotiating building improvements on a case-by-case basis. This is an ideal location for businesses seeking substantial space and convenient access in a heavily industrially zoned area. The property is classified as Class D.

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7615

Longitude

-86.1364

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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