317-269-1040
8901 Otis Ave, Indianapolis, IN for Sale
Office - FOR SALE
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8901 Otis Ave
Indianapolis, IN 46216


HIGHLIGHTS

  • Built in 1939 as a Barracks for the Enlisted
  • Partially leased by income producing Tenants with varying expirations
  • Mechanicals and Roof in Great Shape
  • 170 Parking Spaces with excess ground to for expansion
  • 2 Miles East of I-465
  • Many Area Amenities

OVERVIEW

Fort Harrison was the city’s major military facility before its closing in the 1990s. Beginning in 1902, the fort served in a training capacity for two World Wars, the Cold War, Vietnam War, and other U.S. actions. For many, the fort was a point of induction into or release from military service. It remains an excellent example of military facility planning from the early 20th century and includes many of its original 1902-10 era buildings. In the 1990s, Fort Harrison was decommissioned. Private development has been allowed to use excess parts of the fort, adding new neighborhoods. Former officer housing and barracks have been rehabilitated for private use. Much of the grounds were kept in a natural state during the Army’s stewardship of the base. Fort Harrison State Park is open to the public and includes hiking and horseback trails, golf, and dining facilities at the former Officers’ Club.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

150

LAND DETAILS

LAND ACRES

3.95 AC

LAND SF

172,062 SF

ZONING

commercial

APN/PARCEL ID

49-08-06-106-004.000-407

ASK ABOUT THIS PROPERTY

Jeff MerrittCBREMore Info
317-269-1040

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Jeff MerrittCBREMore Info
317-269-1040

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