For Sale $700,000
Property Type Office - General Office
Property Size 8,268 SF
Units 9
Lot Size 0.94 Acre
Building Class B
Year Built 1976
Year Renovated 2021
Date Updated Apr 8, 2024

Nestled at the intersection near E Welland St and Mitthoeffer Rd in Indianapolis, this property is a gem just 20 minutes from downtown Indianapolis. It's a hub of convenience with easy access to shopping, dining, and parks, all within a welcoming community. Perfect for those seeking a balance of city access and local charm, it's an ideal spot for this 9 suite office.The Cumberland Professional Building is a fantastic investment opportunity for anyone looking to expand their real estate portfolio. Located at 11903 E Welland St. Cumberland, IN 46229, this 9 Suite, 7,362 RSF office building is currently 100% leased. One of the key investment highlights of this property is its proximity to the city center and its strong tenant base. The building is well-maintained and has undergone recent updates, making it an attractive option for potential tenants. Additionally, there are value-add opportunities available for investors looking to increase their gain. The building has multiple tenancy and was built in 1976, with renovations completed in 2021. It sits on 0.94 acres of land zoned C1 - Commercial. There are also 48 parking spaces available, providing ample parking for tenants and visitors. In summary, the Cumberland Professional Building is a fantastic investment opportunity with strong potential for growth and value-add opportunities. Don’t miss out on this chance to expand your real estate portfolio with a well-maintained and strategically located property.

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Highlights

- 9 Suites
-7,362 RSF
- 11% CAP

Contacts

Zach Alfs

SVN | Northern Commercial

(317) 292-6065

Location

Getting Around

Walk Score ®
64/100 Somewhat Walkable
Bike Score ®
68/100 Bikeable

Map
Street

City Indianapolis, IN
Neighborhood Cumberland
Zip Code 46229
Market Indianapolis

Points of Interest

Speedway

0.30 miles
Meijer Gas Station

0.61 miles
Speedway

0.85 miles
Kroger

1.39 miles
Speedway

1.84 miles
Speedway

2.22 miles
Amoco

2.30 miles
Speedway

2.95 miles
Speedway

2.96 miles
Shell

3.09 miles

Home Depot Parking Lot

3.12 miles
Pennsy Trail trailhead

6.81 miles
bus

7.02 miles
Lawrence Creek Trailhead Parking

7.09 miles
Walnut Trailhead Parking

7.52 miles
Upper Fall Creek Loop Trail - Parking

8.31 miles
Cumulus Parking lot

8.53 miles
Cumulus Parking Lot

8.55 miles
Pennsy Trail trailhead

9.12 miles
Pennsy Trail trailhead

9.52 miles

Days Inn by Wyndham Indianapolis East Post Road

3.20 miles
Country Hearth Inn Indianapolis

3.28 miles
La Quinta Inn Indianapolis East-Post Drive

3.35 miles
InTown Suites Extended Stay Indianapolis IN - Post Drive

3.55 miles
Country Inn & Suites

4.08 miles
Baymont by Wyndham Indianapolis

4.51 miles
Always Inn

4.53 miles
Americas Best Value Inn-Indy East

4.59 miles
Indianapolis Conference Center Hotel

4.63 miles
Indianapolis Marriott East

4.72 miles

Sero's

0.16 miles
Dairy Queen

0.83 miles
Donatos Pizza

0.92 miles
Arby's

0.95 miles
Little Caesars

1.07 miles
Steak 'n Shake

1.12 miles
Hardee's

1.31 miles
Papa John's

1.31 miles
Panda Chinese Restaurant

1.31 miles
LongHorn Steakhouse

1.54 miles

East Ridge Elementary School

1.00 miles
Highlander Park

1.95 miles
Creston Middle School

1.97 miles
Grassy Creek Elementary School

2.17 miles
Walker Carreer Center

2.43 miles
Warren Central High School

2.46 miles
Lakeside Elementary School

2.48 miles
Warren Central High School

2.53 miles
New Palestine Junior High School

2.88 miles
Sugar Creek Elementary School

3.01 miles

In His Arms Child Care

4.60 miles
Beech Babies Childcare Ministries

4.85 miles
Kelley's Exclusive Child Care

8.22 miles
Kiddie Kollege

8.63 miles
Tyler's Journey Childcare Ministry

9.70 miles
KinderCare

9.81 miles

Frequently Asked Questions

What is the lease rate for 11903 E Welland St?

Rental asking rate at 11903 E Welland St is $350,000.00/YR.

What is the total square footage of 11903 E Welland St?

11903 E Welland St totals 8,268 square feet.

When was this property built?

11903 E Welland St was built in 1976.

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