2721 Washington StIndianapolis, IN 46201

Property Details for 2721 Washington St

Year built

1910

Construction

WOOD

Lot size

0.26 AC

Property size (Sq ft)

3,826 SF

Zone code

ZO01

Property type

Other commercial real estate

APN

49-10-05-162-011.000-101

APU

491005162011000101

Description

This exceptional 3,862-square-foot flex space at 2721 East Washington Street in Indianapolis, Indiana, presents a compelling investment opportunity. Situated on a 0.26-acre lot (3,826 square feet), this single-story building is zoned I-3, offering significant versatility for a range of industrial and commercial uses. The asking price is $325,000, translating to $84.15 per square foot. The property boasts convenient features including auto lifts and storage racks, already in place for immediate use. Its location on a signalized intersection ensures high visibility and accessibility. Adding to its appeal, this property is situated within an Opportunity Zone, potentially offering significant tax advantages for qualified investors. The land value alone is $325,000 per square foot. This property is a rare find, combining prime location, desirable zoning, and valuable existing features, making it an ideal investment for discerning buyers seeking a strong return. The address is 2721 E Washington St, Indianapolis, IN 46201.

• Alternative Use

  Use

  Valuation

  Residential

  $569,234

  Hospitality

  $521,415

  Educational

  $433,811

  Medical

  $448,731

  Retail

  $674,818

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.768

Longitude

-86.1167

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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