2121 Hillside Avenue, Indianapolis, IN 46218
- $3,900,000
- $3,900,000
- $3,900,000
- $3,900,000
Description
FANTASTIC INVESTMENT PROPERTY!! 40,000 sq ft building on 5 .5 acres close to downtown Indianapolis. Owner recently sold business. New business owner is a manufacturing company, financially strong and has a 5 year lease on entire property with a 5 year extension option. Base rent is $20,833/month with a 3% increase each year. Tenant is responsible for insurance. Landlord is responsible for roof and taxes. Property has been meticulously maintained and is completely fenced with chainlink fence. Over 1200 sq ft of office space with seperate bathrooms, heated and cooled. Site was orginally used as industial dry-cleaning facility from 1960s until 2003. Property was classified as a “Brownfield Site” and maintains a Sub-Slab Depressurization system. On July 24, 2020 IDEM indicated all corrective action complete. See attached documents. Listing agent will answer questions and arrange viewing.
Address
Open on Google Maps-
Address: 2121 Hillside Avenue
-
City: Indianapolis
-
State/county: IN
-
Zip/Postal Code: 46218
Details
Updated on December 8, 2025 at 7:57 pm-
Property ID 21984523
-
Price $3,900,000
-
Property Size 43000 Sqft
-
Land Area 5.5 Acres
-
Garage Size x x
-
Year Built 1973
-
Property Type Industrial, Commercial Sale
-
Property Status Active
Additional details
-
Roof Rubber
-
Utilities Cable Available,Cable Connected,Electricity Connected,Natural Gas Available,Natural Gas Connected,Sewer Connected,Water Connected
-
Cooling None
-
Heating Natural Gas,Other
-
County Marion
-
Property Type Commercial Sale
-
Parking Common,Asphalt,Electric Gate,Garage Door Opener
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees