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Listed by Annie Scott • F.C. Tucker Company
$850,000
$869,000 2.2%
Est. payment /mo
6,964 SqFt
Sold on 08/10/2026
1728 W 16th ST Indianapolis, IN 46202
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Key Details
Sold Price $850,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,964 sqft
Price per Sqft $122
MLS Listing ID 22032164
Sold Date 08/10/26
Year Built 1953
Tax Year 2023
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Industrial
Property Description
This freestanding office or commercial building, situated on 0.45 acres, presents a compelling opportunity for commercial or industrial use, particularly given its C-5 zoning suitability, which is among the most desirable commercial classifications in Indianapolis. The property is located in close proximity to I-65, offering ease of access and logistical advantages. Structural Integrity & Layout: The building retains good bones, and the conference room remains intact. Location & Zoning: The property is well-positioned for C-5 zoning, allowing for a variety of high-value commercial and industrial uses. Completely renovated in 2016 with significant capital improvements. Newly paved and dedicated parking lot. New windows, fencing, and gates added for security and aesthetics. d. Drive-in door and dock, along with outdoor storage area for flexible operational use. Monument signage in place for branding and visibility. Adjacent to Riverside Regional Park and in proximity to 16Tech, a growing innovation district. Features multiple conference and collaboration areas. Includes an open ceiling and a glass-front conference room that enhances natural light and aesthetic appeal. Whether you're an investor seeking income potential or an owner-user ready to establish your presence in a booming area, this property presents a compelling opportunity with value-add potential. Don't miss your chance to own a piece of Indianapolis' urban growth story-schedule your private tour today.
Location
State IN
County Marion
Zoning C-5
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Building
New Construction false
Schools
School District Indianapolis Public Schools
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