840 Cottage Ave

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840 Cottage Ave

Indianapolis, IN 46203
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use asset available for purchase in Indianapolis
  • Strategically situated within the 46203 zip code
  • Adaptable layout for diverse commercial or residential use
  • Located in the broader Indianapolis regional economic market
  • Positioned for potential investment or owner-occupied scenarios

What's Special

This mixed-use property at 840 Cottage Ave in Indianapolis presents a functional acquisition for investors or owner-occupants seeking versatile space. Positioned in a growing urban market within the Indianapolis metropolitan area, the building supports a variety of commercial and residential configurations. The flexibility inherent in this asset type makes it suitable for businesses requiring storefront access combined with flexible upper-level utility, or for developers focusing on integrated neighborhood growth. Indianapolis maintains a robust economy bolstered by a diverse labor pool and significant regional logistics networks, providing a stable foundation for property performance. Proximity to local infrastructure ensures accessibility for tenants and clients alike, positioning the asset well for long-term hold strategies. Prospective buyers will find this location aligns with current trends in multi-functional real estate, where the blending of work and living environments continues to drive demand across the 46203 area.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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