5136 North Franklin Road, Indianapolis, IN
Shopping Center for Sale - $599,900 - 19,160 Sq. Ft. on 1.9 acres
Property Info
| CIMLS# | 923457 |
| Location 5136 North Franklin Road Indianapolis IN 46226 | |
| Updated | December 28th, 2016 |
| Type | Shopping Center |
| Price | $599,900 |
| Building | 19,160 Sq. Ft. |
| Land | 1.9 acres |
Property Description
Redevelopment opportunity for Lawrence Neighborhood strip center with separate Marsh grocery store. This strip center has 6 suites and a total of 19,160 sf plus potential for expansion and development. High growth population with above average Indiana income. Located in a TIF allocation area with potential for additional tax abatement projects. Redesign of Franklin Road is coming soon and will connect with Fort Ben. Easily accessed off Interstate 465 and US 36 on Franklin Road, just south of Fort Harrison and close to Lawrence Parks.
Location Description:
Southwest corner of East 52nd & N. Franklin Rd.
Highlights:
>> 19,160 sf
>> 1.9 acres
>> Potential for expansion and development
>> TIF Allocation Area plus Potential Tax Abatements
>> High growth population with above average Indiana income
>> Potential to assemble entire shopping center
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** This property also has spaces available for lease.