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2439 W 16th Corner Lot 2439 W 16th St 2,800 SF Retail Building Indianapolis, IN 46222 $350,000 ($125/SF)
INVESTMENT HIGHLIGHTS
- Heavy Traffic Corridor
- Excellent Location on West Side Indianapolis
- Double Steel Door Rear Entrance
EXECUTIVE SUMMARY
Former DAV office location. Solid built block building. Corner Lot. Ample parking in rear and on street. Current buildout is basically white boxed with one standalone office in front of building and restrooms in the rear.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built
1950
Price
$350,000
Price Per SF
$125
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.16 AC
Zoning
C-5
Parking
15 Spaces (5.36 Spaces per 1,000 SF Leased)
Frontage
45’ on W 16th ST
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| North Pershing Avenue | N White River Pkwy W Dr, S | 14,042 | 2025 | 0.13 mi |
| Local | N White River Pkwy W Dr, S | 14,003 | 2020 | 0.13 mi |
| N Pershing Ave | N White River Pkwy W Dr, S | 14,054 | 2024 | 0.15 mi |
| N Pershing Ave | W 14th St, S | 2,257 | 2024 | 0.17 mi |
| Lafayette Rd | W 17th St, SE | 20,764 | 2025 | 0.18 mi |
| W 16th St | N Warman Ave, W | 31,524 | 2025 | 0.19 mi |
| North Pershing Avenue | W 14th St, S | 2,252 | 2025 | 0.30 mi |
| Local | W 11th St, S | 3,317 | 2020 | 0.32 mi |
| North Pershing Avenue | W 11th St, S | 2,904 | 2025 | 0.32 mi |
| Lafayette Rd | W 19th St, SE | 12,350 | 2025 | 0.32 mi |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-06-33-151-003.000-901 | Improvements Assessment | $78,100 |
| Land Assessment | $20,900 | Total Assessment | $99,000 |
PROPERTY TAXES
Parcel Number
49-06-33-151-003.000-901
Land Assessment
$20,900
Improvements Assessment
$78,100
Total Assessment
$99,000
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo
Building Photo
Building Photo