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About This Home
This 0-bedroom, 0-bathroom commercial at 5450 W 86th Street in Indianapolis, IN is listed for $2,500,000 ($117 per sqft). Built in 1986, the home offers 21,300 sqft of living space on a 3.05 acres lot.
This 3.05-acre property presents a fantastic value-add opportunity with both retail and industrial components, offering versatility and potential for increased returns. The retail site, zoned C4, consists of 15,000 square feet and is currently configured with 8 units, with the potential to be converted into 9 units.
Most spaces are built out but would benefit from CAPEX improvements to modernize and maximize rental income. The industrial building, zoned I4, offers 6,300 square feet and is ideal for various industrial uses, providing flexibility for owner-users or tenants. This property is perfect for investors looking to enhance value through renovations and lease-up strategies. With strong zoning designations and ample space for improvements, this site is ready for its next phase of growth!
Key Features
- Built in 1986
- 3.05 acre lot
Property Details
Monthly Cost Estimate
$13,371/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5450 W 86th Street
Indianapolis, IN 46268
Features & Amenities
Exterior Features
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5450 W 86th Street is listed at $2,500,000 ($117/sqft). The estimated monthly payment is $10,833 based on 20% down at 6.5% interest.
Key features include: Built in 1986, 3.05 acre lot. Exterior Features: Fencing.
This property is listed by Jason Alsup and can be reached at 3172581399 or jasonalsupexp@gmail.com.
