Indianapolis, IN 46218,2121 Hillside AVE
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Indianapolis, IN 46218,2121 Hillside AVE
Indianapolis, IN 46218,2121 Hillside AVE
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Kade Koch

Kade Koch

+1(317) 697-7953
Listed by Randall Reichmann • United Real Estate Indpls
$ 3,900,000
Est. payment /mo
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Active

2121 Hillside AVE Indianapolis, IN 46218

43,000 SqFt

UPDATED:

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.
SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 6

    The Challenge Foundation Academy

    Public | KG - 5

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 4

    Kipp Indpls College Preparatory

    Public | 5 - 8

  • 4

    Floro Torrence School 83

    Public | KG - 6

  • 3

    William a Bell School 60 Reggio Academy

    Public | PK - 3

  • 3

    Mary E Nicholson School 70

    Public | KG - 5

  • 3

    William Mckinley School 39

    Public | PK - 6

  • 3

    Christian Park School 82

    Public | KG - 6

  • 2

    Indiana School for the Deaf

    Public | PK - 12

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 1

    James Whitcomb Riley School 43

    Public | KG - 8

  • 1

    Louis B Russell Jr School 48

    Public | PK - 6

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Francis Parker Montessori School 56

    Public | PK - 8

  • 1

    Joyce Kilmer School 69

    Public | KG - 6

  • 1

    Brookside School 54

    Public | KG - 6

  • 1

    James Russell Lowell School 51

    Public | PK - 6

  • 1

    Ralph Waldo Emerson School 58

    Public | KG - 6

Middle Schools 8
  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    Crispus Attucks Med Mgnt Jr High School

    Public | 6 - 8

  • 0

    Carpe Diem - Meridian Campus

    Public | 6 - 12

  • 0

    Shortridge Law & Pub Pol Mag Jr High School

    Public | 6 - 8

  • 0

    Longfellow Magnet Middle School

    Public | 7 - 8

  • 0

    Tindley Collegiate Academy

    Public | 6 - 8

  • 0

    Tindley Preparatory Academy

    Public | 6 - 8

  • 0

    Thomas Carr Howe Community High School

    Public | 7 - 12

High Schools 6
  • 10

    Herron High School

    Public | 9 - 12

  • 5

    Crispus Attucks Medical Magnet High School

    Public | 9 - 12

  • 5

    Charles a Tindley Accelerated School

    Public | 9 - 12

  • 4

    Shortridge Law & Public Plcy Mg High School

    Public | 9 - 12

  • 1

    Arsenal Technical High School

    Public | 9 - 12

  • 0

    Scecina Memorial High School

    Private | 9 - 12

School and business data provided by Attom Data.
Kade Koch

Kade Koch

Broker Associate

+1(317) 697-7953

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2121 Hillside AVE