141 N Shortridge Road, Indianapolis, IN 46219 - Marion County

This turnkey commercial property-currently occupied by medical businesses-features two buildings with 10 offices and 10 half-baths on a 1.6-acre lot, just 0.4 miles from I-465. Recent upgrades include brand-new AC units worth $55K, two new furnaces (2023), and suite renovations totaling $100K. Additionally, two offices are ready to rent out, enhancing income potential. A couple of suites have plumbing already in place for dental offices, making this an excellent opportunity for dental practitioners or related businesses. Building 141 features a stair lift for enhanced accessibility. The expansive lot offers room for additional development within permitted uses. Once fully leased, this investment is projected to generate an 8%+ cap rate. Offering Memorandum available in the Documents section.

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