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1146 S Kenwood Ave

21,643 SF Specialty Building Offered at $5,337,288 CAD in Indianapolis, IN 46225

Investment Highlights

  • Possibly used for retail purposes.
  • The former church located at 1146 South Kenwood Avenue is in a fast growing, developing area of downtown Indianapolis.
  • Near New Top Golf

Executive Summary

Amazing mixed use building complex opportunity on Indy's popular Old Southside. Property is sitting on a total of 1.66 acres of prime real estate that you won't find anywhere else with unobstructed downtown skyline views from Lucas Oil Stadium to the Sales Force Tower over to Eli & Lilly's HQ. Opportunity to Include An Additional 3 Lots / .19 Acres for Total Acreage of 1.85 Acres. This South Calvary Baptist Church, organized in 1875, has served the neighborhood with pride. The church is eager to meet it's developer and enter a new chapter of joining the very highly sought after walkable downtown southside area; the Near South Gateway Economic Development Area. This new and upcoming area is a dream location less than 1 mile from interstate & steps away from downtown by many other major developments that are planned in the near future. Daily traffic count as of 2018 was 8,991.

Property Facts

Price $5,337,288 CAD
Price Per SF $247 CAD
Sale Type Owner User
Sale Conditions High Vacancy Property
Property Type Specialty
Property Subtype
Religious Facility
  • Specialty Lodge Meeting Hall
  • Specialty Winery Vineyard
Building Class C
Lot Size 1.85 AC
Building Size 21,643 SF
No. Stories 3
Year Built 1875

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-11-11-119-033.000-101
Land Assessment
$154,434 CAD (2023)
Improvements Assessment
$1,384,023 CAD (2023)
Total Assessment
$1,538,457 CAD (2023)

zoning

Zoning Code C1 & D8 (Commercial)
C1 & D8 (Commercial)
  • Listing ID: 16506762

  • Date on Market: 2019-07-02

  • Last Updated:

  • Address: 1146 S Kenwood Ave, Indianapolis, IN 46225

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