Description

Stop Renting-Own Your Commercial Property in Tuxedo Park This affordably priced C-3 commercial property offers the perfect opportunity for an owner-occupant or investor looking to establish a presence in one of Indianapolis’ fastest-emerging neighborhoods. The block portion of the building was fully remodeled in 2004, featuring a dedicated office area, a 40×14 bay with 9′ overhead door, half bath, and an additional storage room. A 40×50 addition, built in 2005, offers open-span space with a 10′ power overhead door, making it highly versatile for a wide range of uses. The property is equipped with 4-phase electric service and two high-efficiency gas furnaces to support business operations. Parking includes pads for up to 7 vehicles, with additional on-street parking available. Strategically located at the corner of New York Street and Grant Street in Tuxedo Park, the property sits just east of Fountain Square and Downtown Indianapolis. Tuxedo Park is experiencing strong revitalization, with new businesses, restaurants, and residential developments adding energy to the area. This prime location offers the cost advantages of being on the edge of downtown while keeping your business close to the city’s core growth corridors. Indianapolis continues to see robust demand for well-located commercial properties as its downtown expands with new housing, office, and mixed-use projects. With the city’s growth pushing eastward, properties like this one are positioned to appreciate in both value and utility. The property is vacant and easy to show-ready for financially qualified buyers to make their move. Don’t miss the chance to own your own building in a growing market.