6001-6009 Massachusetts Ave - Service Station FOR SALE


Indianapolis, IN 46226- Arlington Woods
$675,000 USD
317-932-7510
6001-6009 Massachusetts Ave, Indianapolis, IN for Sale
$675,000 USD
Service Station - FOR SALE
1/7
null | Request Cap Rate

6001-6009 Massachusetts Ave
Indianapolis, IN 46226
Arlington Woods


HIGHLIGHTS

  • Flexible C5 Redevelopment Acreage on busy 6-Corner Intersection
  • Almost 1.5 Acres of Highly Visible Acreage w/Onsite Utilities
  • Approximately 1.7 miles from I-465/Shadeland ramp
  • Approximately 1.5 miles from I-70/Emerson ramp
  • Approximately 1 mile from Shadeland/38th corridor
  • Retail, Gas Station/C-Store, Car Wash, Fast Food

OVERVIEW

• Excellent C-5 Redevelopment Opportunity on a 1.44-acre land. • Allows for the construction of a Gas Station/C-Store/Car Wash/Liquor Store or Retail Strip mall with ample Parking, while replacing the current structure with stand-alone shops. • Located on a Highly Visible 6-corner lot at the junction of Mass Avenue, Arlington Avenue, and 34th Street, known for its significant traffic and busy intersection. • The property benefits from High Traffic Counts and convenient access, with cuts on both Mass Ave. and 34th St. • Municipal utilities are already on-site. It is conveniently situated, just 1.5 miles from the I70/Emerson ramp, 1.7 miles from the I-465/Shadeland ramp, and 1 mile from the Shadeland/38th corridor. • Currently, there is a 4,606 SF freestanding, all-brick Retail Building on the property. • Includes 22 paved parking spaces, 4 storefronts, and independent restrooms, utilities, and HVAC systems. • Additionally, there is separate billboard lease income associated with the property. • Given its desired visibility and favorable zoning, this property offers numerous existing and development opportunities.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,552 SF

ZONING

C-5

APN/PARCEL ID

49-07-23-124-007.000-700

ASK ABOUT THIS PROPERTY

Matt WitskenBradley CompanyMore Info
317-932-7510

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Matt WitskenBradley CompanyMore Info
317-932-7510

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.