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NUVO Building 3951 N Meridian St

15,300 SF 60% Leased Office Building Indianapolis, IN 46208 £1,341,300 (£88/SF)

Investment Highlights

  • High visibility on Meridian Street with signage.
  • Located in an opportunity zone.
  • Close proximity to downtown and Interstate 65.
  • Across the street from Tarkington Park redevelopment.

Executive Summary

15,000 SF office building that is newly remodeled interior, common area, HVAC, bathrooms, roof, and parking lot. Unbeatable savings on operating expenses due to eco-friendly fixtures.

Attachments

NUVO

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
15,300 SF
Building Class
C
Year Built
1962
Price
£1,341,300
Price Per SF
£88
Percent Leased
60%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
5,000 SF
Slab to Slab
10 ft
Building FAR
0.64
Land Acres
0.55 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.
Parking
63 Spaces (4.12 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 2,566 SF
  • Office
  • -
  • Jan 2025
  • 2nd Floor
  • 5,000 SF
  • Office
  • -
  • Now
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3951 N Meridian St, Indianapolis, IN for sale Building Photo- Image 1 of 4
Building Photo
3951 N Meridian St, Indianapolis, IN for sale Other- Image 2 of 4
Other
3951 N Meridian St, Indianapolis, IN for sale Other- Image 3 of 4
Other
3951 N Meridian St, Indianapolis, IN for sale Other- Image 4 of 4
Other
  • 2nd Floor
  • 1,059 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 2,566 SF Office - Jan 2025
2nd Floor 5,000 SF Office - Now
2nd Floor 1,059 SF Office - Now

1st Fl-Ste 100

Size
2,566 SF
Space Use
Office
Condition
-
Available
Jan 2025

2nd Floor

Size
5,000 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
1,059 SF
Space Use
Office
Condition
-
Available
Now
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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/4
3951 N Meridian St, Indianapolis, IN for sale Building Photo- Image 1 of 4
Outside
3951 N Meridian St, Indianapolis, IN for sale Other- Image 2 of 4
Meridian Street
3951 N Meridian St, Indianapolis, IN for sale Other- Image 3 of 4
NUVO 3rd layout
3951 N Meridian St, Indianapolis, IN for sale Other- Image 4 of 4
Screen Shot 2018-07-13 at 1.36.06 PM

2nd Floor

1/4
3951 N Meridian St, Indianapolis, IN for sale Building Photo- Image 1 of 4
Building Photo
3951 N Meridian St, Indianapolis, IN for sale Other- Image 2 of 4
Other
3951 N Meridian St, Indianapolis, IN for sale Other- Image 3 of 4
Other
3951 N Meridian St, Indianapolis, IN for sale Other- Image 4 of 4
Other
Size 5,000 SF
Space Use Office
Condition -
Available Now

1 of 1
3951 N Meridian St, Indianapolis, IN - aerial map view
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 49-06-13-150-051.000-801 Improvements Assessment £349,369
Land Assessment £58,307 Total Assessment £407,676

PROPERTY TAXES

Parcel Number
49-06-13-150-051.000-801
Land Assessment
£58,307
Improvements Assessment
£349,369
Total Assessment
£407,676
(317) 853-7502

  • Listing ID: 15567171

  • Date on Market: 28/03/2019

  • Last Updated:

  • Address: 3951 N Meridian St, Indianapolis, IN 46208

The Office Property at 3951 N Meridian St, Indianapolis, IN 46208 is currently available For Sale. Contact ALO Property Group for more information.

Office PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

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3951 N Meridian St, Indianapolis, IN for sale Building Photo- Image 1 of 8
Other
3951 N Meridian St, Indianapolis, IN for sale Building Photo- Image 2 of 8
Primary Photo
3951 N Meridian St, Indianapolis, IN for sale Aerial- Image 3 of 8
Aerial
3951 N Meridian St, Indianapolis, IN for sale Building Photo- Image 4 of 8
Building Photo
3951 N Meridian St, Indianapolis, IN for sale Other- Image 5 of 8
Other
3951 N Meridian St, Indianapolis, IN for sale Other- Image 6 of 8
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3951 N Meridian St, Indianapolis, IN for sale Other- Image 7 of 8
Other

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© 2024 CoStar Group

NUVO Building | 3951 N Meridian St
(317) 853-7502 x

NUVO Building | 3951 N Meridian St

1/2

Michael Short

(317) 853-7502

(317) 853-7502

George Sechrist

(317) 403-0903

(317) 403-0903

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