5255 Winthrop AveIndianapolis, IN 46220

  • Industrial properties
  • 35,873 SF
For Lease
$22/SF/YR View listing

Property Details for 5255 Winthrop Ave

Year built
1974
Construction
WOOD
Lot size
1.44 AC
Property size (Sq ft)
35,873 SF
Zone code
ZO01
Property type
Industrial properties
Property subtype
Other industrial properties
APN
49-06-12-214-001.000-801
APU
490612214001000801

Description

This exceptional ±15,689 square foot office space, located at 5255 Winthrop Ave in Marion County, presents a unique investment opportunity. Currently undergoing a storefront transformation, this property boasts an unbeatable location in the heart of Broad Ripple, directly on the vibrant Monon Trail. Its proximity to popular landmarks like the Vogue Theater and Broad Ripple Park adds significant appeal. The space is ideally suited for a coworking or creative office environment, with an incoming innovation hub poised to further enhance its value. This new and expanded coworking space will be operated by local leaders in the Broad Ripple Tech Hub. The building's strategic location provides immediate access to a wealth of amenities, including a variety of restaurants and retail establishments. Nearby options include Half Liter BBQ & Beer Hall, The Fitness Lab, Mama Carolla's, and Studio C, offering convenience and attracting a diverse clientele. The single-tenancy nature of this property provides a streamlined ownership experience. This is a rare chance to acquire a thriving commercial space in a highly desirable and rapidly developing area. The property is classified as Office, Special Purpose with a Coworking and Creative Office subtype.

5255 Winthrop Ave, Indianapolis, Indiana

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.8488
Longitude
-86.1412
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,237
$138,200
$235,900
$374,100
-
$138,200
$235,900
$374,100

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