8780 Purdue Road Indianapolis, IN ^$ 1,650,000

8780 Purdue Road

^$ 1,650,000

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8780 Purdue Road

Indianapolis, IN, 46268

^$ 1,650,000

Studio Baths0.0 Sq 10,206

Monthly Estimate*

^$ 11,526

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Studio

Commercial Property for sale in Indianapolis, IN

for $1,650,000. This 10,206 square foot building was built in 1971 on a lot size of 1.067.

Located in the College Park business area and within sight of the Pyramids, is this outstanding 10,206 sq ft building. With a current occupancy rate of 85% (including The Lions of Indiana), this property will be an instant cash flow for potential buyers. Suites vary between 800-1500 sq ft and are currently being rented at market value. The current owner would prefer to stay in the building as a tenant with a long-term lease.

Commercial Active

Price

^$ 1,650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,788

Style

Office

Lot Size

1.067

Year Built

1971

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21893040

Features

General

Utilities Cable Connected Electricity Connected Gas Sewer Connected Water Connected

Possession Negotiable

Zoning C3

Year Built 1971

Stories 1

Township Pike

Property SubType Office

Tax Year 2021

Current Use Office

County Marion

New Construction N

Property Type Commercial Sale

Possible Use Office

Total Rooms 0

Status Active

Directions From 465 head south on 421 to Vincennes turn right onto Purdue property located on right side.

City Indianapolis

Buyer Agent Compensation 2

Disclosures Not Applicable

MLS Area 4902 - Marion - Pike

Lot Size Square Feet 46478

Street Name Purdue

Current Financing Conventional Conventional Lease Purchase LeaseW/Option

Additional Parcels Y/N N

Days on Market 365

Standard Status Active

Buyer Agent Compensation Type %

Legal Description COLLEGE PARK WEST PT BLK 241 PT SW1/4 S17 T17 R3BEG 728.29' E685.93' N & 466.75' NRLY ON CURVEFROM SW COR NW150' SW310' SE150' NE310' TO BEG

Exterior

Building Area Total 0

Lot Size Acres 1.067

Road Surface Type Asphalt

Road Frontage Type City Street

Interior

Full Baths 0

Half Baths 0

Street Suffix Road

Total Bedrooms 0

Total Baths 0

Internal Only

Street Number 1 8780

* Excluded Features

List By

Vision One Real Estate

Broker

jeff@visiononerealestate.com

Affordability Calculator

$11,841

Per Month

Monthly Principal & Interest: $11,526
Monthly Property Taxes: $316
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$768,446

Percent of Sale Price 53%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3048283 Elementary School

3048286 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/11/2022	$1,500,000		Listed Price

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8780 Purdue Road, Indianapolis, IN, 46268 is a Commercial Property for sale at $1,650,000 with 10,206 sqft and a lot size of 1.067. 8780 Purdue Road is a studio with 0.0 baths and was built in 1971. The property's zip code is 46268 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is 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.

Data is updated as of 4/29/2024.

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8780 Purdue Road

Commercial Property for sale in Indianapolis, IN

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