3415 English Avenue

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3415 English Avenue

Indianapolis, IN 46201
Asking Price
$2.00M
Asset Type
Retail
Class
Class B

What's Special

3.32 Acres | C4 Commercial Opportunity with ±32,000 SF Existing Building <ul><li>​±3.32 Acres of C4 Commercial Land</li><li>​±32,000 SF Existing Single-Story Building</li><li>​Flexible Owner-User, Medical, Service Commercial, or Redevelopment Opportunity</li><li>​Adjacent to Community Justice Campus</li><li>​Near Eskenazi Health Expansion</li><li>​Opportunity Zone Designation</li><li>​Strong Visibility and Access Along English Avenue Corridor</li><li>​Existing Structure Allows Immediate Occupancy or Phased Repositioning</li><li>​Rare Large-Scale Infill Commercial Sit

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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