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115 North 2nd Avenue
Beech Grove, IN 46107
Asking Price
$1.10M
Asset Type
Warehouse Industrial
Class
Class B
What's Special
Industrial | 11,754 SF | C7 Zoning <p>+/- 12,000 SF freestanding industrial building</p><p>C7 zoning - outdoor storage permitted</p><p>New roof (2021), parking lot (2025), furnace (2024)</p><p>Ample office buildout (6 offices, break room, 3 bathrooms)</p><p>Heavy 3-phase 400 amp power</p><p>Fully climate-controlled warehouse</p><p>+/- 24 parking spaces on site</p><p>Flexible layout w/ two separate warehouse bays</p><p>Access to I-465, I-65, and downtown Indy</p><p>3D TOUR: https://seeforyourself3dtours.com/3d-model/115-n-2nd-a
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602