4601 N Keystone Ave, Indianapolis, IN 46205
Commercial property for sale
4601 N Keystone Ave, Indianapolis, IN 46205
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- Description
- Approximately 2,000 SF completely gutted/remodeled masonry building with new roof. Total spent over $190,000 on remodeling. Building leased to Enterprise Leasing (20 years ending 10/27*); also advertising billboard on property leased to ClearChannel (16 years ending 7/31/23). Acreage: approximately 0.5 acre +-, zoned C-5. Lease commenced January 2008. *Enterprise may terminate at any time with 6 months written notice and six month termination fee (one year income to release property). If Enterprise ever vacated, annual rent could increase dramatically from $30,000 to $36,000+ annually for used car lot - zoned C-5 Building price details: $511,500.
- Property Details
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Property Type: Retail Use Types: Free-Standing Building Status: Available Price: $ 256 +/SF MSA: Indianapolis-Carmel Buildings: 1 Tenancy: Single Tenant Terms: Cash to Seller Added: 09/13/2012 Last Update: 12/29/2012 - Contact info
- 317-770-9699 [Office]
- Note
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