For Sale

North Side 3-Parcel Industrial Opportunity

3369 Boulevard Place,
Indianapolis, IN 46208
Represented by
SVN | Northern Commercial

Asset Snapshot

Assisted Living
Industrial Subtype
1967
Year Built
1
Floor Count
0.54 Acres
Land Area

Offering Summary

Investment Overview

SVN | Northern Commercial is pleased to present for sale or lease 3369 Boulevard Place, a 0.54-acre commercial property featuring a well-maintained 8,016 SF warehouse building and two additional parcels with future development potential. The 0.32-acre parcel includes a manufacturing and assembly facility with 15-foot ceiling heights, a 10' x 14' automated overhead door, multiple office areas, and dedicated on-site parking. Recent improvements include a new white rubber membrane roof installed in 2023, two Carrier 10-ton rooftop HVAC units installed in 2024, and new LED lighting installed in 2022. The facility is fully air conditioned and features gas heat, ceiling/roof ventilation, 600-amp 3-phase electrical service, an enclosed paint booth with exterior venting, and emergency shower and eyewash stations. Two additional 0.11-acre parcels are located directly behind the building, offering opportunities for additional parking, a secondary building, outdoor storage, or future expansion. The property is currently subject to a 5-year triple net lease, with the tenant scheduled to vacate by the end of November 2026.


Investment Highlights

  • 8,016 SF well-maintained warehouse on a 0.32-acre parcel; 0.54 acres total across 3 parcels
  • Manufacturing and assembly space with 15-foot ceiling heights, 10' x 14' automated overhead door, multiple offices, and dedicated parking
  • Recent improvements include a new white rubber membrane roof (2023), two Carrier 10-ton rooftop HVAC units (2024), and new LED lighting (2022)
  • Fully air conditioned with gas heat, ceiling/roof ventilation, 600-amp 3-phase electrical service, and surge protection for building and machinery
  • Enclosed paint booth with exterior venting, emergency shower and eyewash station, handicap entrance with electronic door opener, and employee picnic shelter
  • Two additional 0.11-acre parcels offer potential for parking, secondary building, outdoor storage, or expansion; current 5-year triple net lease with tenant scheduled to vacate by end of November 2026

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,075,000
Asking Price

Investment Sales Broker

Jess Lawhead, SIOR, CCIM, CBI
SVN | Northern Commercial