2506 E Washington St

Investment Highlights

New Roof Large windows with excellent natural light Qualified Opportunity Zone Location Motivated Seller

Executive Summary

Classic bank with high ceilings. A newly renovated and fenced parking lot, 2nd level loft, and full basement(sf includes basement), with lots of flexibility for your business. Conveniently located, 2 miles from Monument Circle and 1 mile to the Indy Criminal Justice Complex, and a couple blocks from Purdue Polytech High School. OPPORTUNITY ZONE LOCATION!!! - This property is in a Qualified Opportunity Zone suitable for capital gain deferrals & reductions. (see attached docs for QOZ information)

• Sale Type    Owner User
• Sale Condition    Building in Shell Condition
• Property Type    Retail
• Property Subtype    Storefront Retail/Office Storefront Retail/Office General Retail Freestanding General Retail Restaurant Showroom Storefront Retail/Office
• Building Size    4,158
• Building Class    C
• Year Built    1922
• Price    299,000
• Price Per SF    72
• Tenancy    Single
• Building Height    3 Stories
• Building FAR    0.27
• Land Acres    0.36 AC
• Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.