3003 S Kentucky Ave 2,458 SF Retail Building Indianapolis, IN 46221 $554,188 CAD ($225.46 CAD/SF)
INVESTMENT HIGHLIGHTS
- 2 dedicated parking lots with 44 spaces combined
- Year Built: 1957
- 3 drive-thru lanes
- Zoning: C-5, General Commercial District
EXECUTIVE SUMMARY
Former bank branch on a corner lot with great visibility and access along Kentucky Avenue that is well-suited for a variety of uses. Includes a 0.36acre paved lot on the east side of 4th Street with additional parking and redevelopment potential. Located near the southwest I-70/I-465 interchange and is less than 15 minutes from the Indianapolis International Airport and downtown Indianapolis.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
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| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
2,458 SF
Building Class
B
Year Built/Renovated
1957/1971
Price
$554,188 CAD
Price Per SF
$225.46 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.81 AC
Zoning
C-5 - Commercial
Parking
20 Spaces (8.14 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $232,816 CAD (2024) | |
| Land Assessment | $183,283 CAD (2024) | Total Assessment | $416,099 CAD (2024) |
