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141 N Shortridge Road

Indianapolis, IN 46219
  • $1,099,000
  • STATUS: Pending
  • ON SITE: 309 Days
  • MLS #: 22000001
Under Contract
UPDATED: 189 min ago
$1,099,000
  • 0
    BEDS
  • 1.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1974
County:

School Ratings & Info

School District:

Description

This turnkey commercial property-features two buildings with 10 offices and 10 half-baths on a 1.6-acre lot, just 0.4 miles from I-465. Recent upgrades include brand-new AC units worth $55K, two new furnaces (2023), and suite renovations totaling $100K. A couple of suites have plumbing in place for dental offices, making this an excellent opportunity for dental practitioners or related businesses. Additionally, two offices are ready to rent out, enhancing income potential. Building 141 features a stair lift for enhanced accessibility. The expansive lot offers room for additional development within permitted uses. Once fully leased, this investment is projected to generate an 7%+ CAP. Offering Memorandum available in the Documents section.

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© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2025-07-15T00:25:31.417. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.visiononerealestate.com/homes/154890097
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141 N Shortridge Road Indianapolis, IN 46219

  • Price: $1,099,000
  • Status: Pending
  • On Site: 309 Days
  • Updated: 189 min ago
  • MLS #: 22000001
0
Beds
0
Baths
0
½ Baths
1.6
Acres
1974
Built
Neighborhood:
4905 - Marion - Warren
County:
Marion
Area:
4905 - Marion - Warren
School District:
Msd Warren Township
Property Description
This turnkey commercial property-features two buildings with 10 offices and 10 half-baths on a 1.6-acre lot, just 0.4 miles from I-465. Recent upgrades include brand-new AC units worth $55K, two new furnaces (2023), and suite renovations totaling $100K. A couple of suites have plumbing in place for dental offices, making this an excellent opportunity for dental practitioners or related businesses. Additionally, two offices are ready to rent out, enhancing income potential. Building 141 features a stair lift for enhanced accessibility. The expansive lot offers room for additional development within permitted uses. Once fully leased, this investment is projected to generate an 7%+ CAP. Offering Memorandum available in the Documents section.
Exterior Features

Levels Two Parking Features AssignedDetached Roof Asphalt Waterfront YN No

Interior Features

Basement YN No Building Area Total 12800

Property Features

Acres 1-3 Acres Current Use Office Dpr YN No Green Certification YN No New Construction YN No Possession Closing Possible Use Medical Property Sub Type Office Semi Annual Property Tax Amt 10315 Space Available 12800 Special Listing Conditions None Tax Year 2023 Township Warren Transaction Type Sale Utilities Electricity ConnectedGas Nearby Zoning C1

Listing provided courtesy of eXp Realty, LLC: nigel.barretto@exprealty.com. © 2025 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2025 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Vision One Real Estate.

Based on information submitted to the MLS GRID as of 2025-07-15T00:25:31.417. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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