2121 Hillside AVE, Indianapolis, IN 46218
2121 Hillside AVE, Indianapolis, IN 46218
2121 Hillside AVE, Indianapolis, IN 46218
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Rick Daves

Rick Daves

+1(317) 614-5484
Listed by Randall Reichmann • United Real Estate Indpls
$ 3,900,000
Est. payment | /mo

43,000 SqFt

Save
$ 3,900,000
Est. payment | /mo
Save

43,000 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 43,000 sqft

Price per Sqft $90

MLS Listing ID 21984523

Year Built 1973

Tax Year 2023

Lot Size 5.500 Acres

Acres 5.5

Property Sub-Type Industrial

Property Description

FANTASTIC INVESTMENT PROPERTY!! 40,000 sq ft building on 5 .5 acres close to downtown Indianapolis. Owner recently sold business. New business owner is a manufacturing company, financially strong and has a 5 year lease on entire property with a 5 year extension option. Base rent is $20,833/month with a 3% increase each year. Tenant is responsible for insurance. Landlord is responsible for roof and taxes. Property has been meticulously maintained and is completely fenced with chainlink fence. Over 1200 sq ft of office space with seperate bathrooms, heated and cooled. Site was orginally used as industial dry-cleaning facility from 1960s until 2003. Property was classified as a "Brownfield Site" and maintains a Sub-Slab Depressurization system. On July 24, 2020 IDEM indicated all corrective action complete. See attached documents. Listing agent will answer questions and arrange viewing.

Location

State IN

County Marion

Zoning I3

Interior

Heating Natural Gas, Other

Cooling None

Fireplace N

Exterior

Utilities Available Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N false

Roof Type Rubber

Building

Story 2

New Construction false

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

Nearby Locations

Rick Daves

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 614-5484

rick@bluprintrealestategroup.com

6357 W US Highway 52 New Palestine, IN 46143, New Palestine, IN 46163, USA

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2121 Hillside AVE