Indiana / Indianapolis / 46204 / 40 Virginia Avenue

40 Virginia Avenue

Q: What is the building size of this Multifamily property in Indianapolis, IN?

The size of the building/unit at 40 Virginia Avenue in Indianapolis is 8,451 square feet.

Q: How much land does the Indianapolis, IN property at 40 Virginia Avenue include?

40 Virginia Avenue in Indianapolis includes 0.096 acres of land.

Q: What is the population within 1 mile of 40 Virginia Avenue?

The population within 1 mile of 40 Virginia Avenue Indianapolis, IN 46204 is 16,010 people.

Q: Who do I contact for questions about 40 Virginia Avenue?

You should contact the listing agent, Amy Bush , for any details regarding this commercial listing.

Indianapolis, IN 46204

Listing ID: 267093

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Building Size: 8,451 SF

Lot Size: 0.096 AC

Land Size: 4,182 SF

Building $/SF: --

Land $/SF: --

Price

Call for Pricing

Property Highlights

5 apartment units

1 Commercial Space

4 Indoor Street-level Secure parking spaces

Large rooftop deck and party room

Zoning is CBD1 RC

Qualified Opportunity Zone Location

Description

Remodeled mixed-use building in the heart of downtown! Across from Bankers Life Field House, IndyGo Transit Hub, Indianapolis Cultural Trail, and just blocks to Monument Circle, Indiana Convention Center, and Lucas Oil Stadium. 5 updated open concept apartment units with access to a large rooftop patio and party room with downtown skyline views. Includes basement storage, and 4 indoor parking spaces. 1 Commercial Unit, 1 Office on the 1st floor of 42. Redevelopment in the area includes new hotels, restaurants, corporate HQs, Indiana Pacers 4-season plaza, and rapid transit lines. The property sits in a Qualified Opportunity Zone (QOZ) with tax deferral and reduction benefits.

Attachments & Files

42virginiaave-sale-kwcflyer-03.05.19-ct2-llQ.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Indianapolis History of Multifamily Housing for Sale

Listing Demographics for 40 Virginia Avenue Indianapolis, IN 46204

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		16,010	100,142	250,613
Population Median Age		36	35	36
Population by Age	0-9 Yrs	391 (2%)	11981 (11%)	34881 (13%)
	10-19 Yrs	650 (4%)	10964 (10%)	30729 (12%)
	20-29 Yrs	6287 (39%)	23119 (23%)	46703 (18%)
	30-39 Yrs	3654 (22%)	17187 (17%)	37930 (15%)
	40-49 Yrs	1491 (9%)	10506 (10%)	27253 (10%)
	50-59 Yrs	1565 (9%)	12231 (12%)	31994 (12%)
	60-69 Yrs	1394 (8%)	8659 (8%)	23603 (9%)
	70+ Yrs	578 (3%)	5495 (5%)	17518 (6%)

Median HH Income		$63,450	$37,195	$36,478
Total Household Income	< 24K	1990 (27%)	14781 (35%)	35359 (35%)
	25-49K	938 (12%)	10894 (26%)	27359 (27%)
	50-74K	1473 (20%)	6310 (15%)	15426 (15%)
	75-99K	794 (10%)	3516 (8%)	8735 (8%)
	100-199K	1608 (21%)	4585 (11%)	9418 (9%)
	200K+	548 (7%)	1320 (3%)	2481 (2%)

Highest Education Level	No Diploma	1624	15031	34664
	Diploma or GED	1928	18541	51869
	Some College	1430	10539	29090
	Assoc. Degree	513	3705	10288
	Bachelors Degree	3904	12478	24273
	Higher Degree	3232	8034	13990

Total Housing Units		8,206	54,123	123,807
--Owner-Occupied		1,824	15,842	44,297
--Renter-Occupied		5,527	25,564	54,481
Owner-Occupied Values	< 100K	109	8445	25133
	100-199K	272	2887	11297
	200-299K	451	1842	3755
	300-399K	517	1317	1884
	400-499K	205	584	827
	500K+	271	765	1401

Total Working Age Population		15,464	81,706	197,944
In Work Force		8,788	51,122	123,112
Not In Work Force		6,676	30,584	74,832
Workforce Employed		8,481	47,334	112,704
Workforce Unemployed		293	3,692	10,273
Civlian Workforce		8,773	51,026	122,977
Military Workforce		15	96	135

Total Households		7,351	41,406	98,778
Family Households		1,623	16,626	45,878
Non-Family Households		5,728	24,780	52,901
Married Couple		1,391	9,464	24,658
Other Family		232	7,163	21,220
Married w/Child		225	3,323	9,060
Single Male w/Child		23	814	2,829
Single Female w/Child		76	2,931	8,738

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
Marion County	860,454	+5	903,393	+7	963,732	+4	1,001,231

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the building size of this Multifamily property in Indianapolis, IN?

The size of the building/unit at 40 Virginia Avenue in Indianapolis is 8,451 square feet

How much land does the Indianapolis, IN property at 40 Virginia Avenue include?

40 Virginia Avenue in Indianapolis includes 0.096 acres of land

What is the population within 1 mile of 40 Virginia Avenue in Indianapolis?

The population within 1 mile of 40 Virginia Avenue Indianapolis, IN 46204 is 16,010 people.

Who do I contact for questions about 40 Virginia Avenue?

You should contact the listing agent, Amy Bush , for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Indianapolis International Airport (IND)	8
Cincinnati Northern Kentucky International Airport (CVG)	94
Fort Wayne International Airport (FWA)	98