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Broad Ripple Investment Portfolio

$1,400,000

5232, 5236, 5240, & 5260 Winthrop Avenue, Indianapolis, IN 46220

Active
Last Updated: 06/04/2025

5,907 sqft

Building Size

0.73 acres

Lot Area

Details:
Building Size:    5,907 sqft
Lot Area:    0.73 acres
Class:    C
Units:    4
Highlights:
  • Portfolio of four commercial office buildings totaling approximately 5,907 square feet of main-level office space
  • Zoned C-1, allowing flexible commercial office use
  • Located on Winthrop Avenue in the active Broad Ripple area
  • Good street visibility and convenient access to major roads and public transportation
  • Buildings range in size from 720 to 2,000 square feet on the main level, suitable for small to medium office users
  • Additional basement space in each building, with 5260 Winthrop offering a finished and usable lower level
  • Recent improvements to select properties, including updated roofing and windows
  • Strong rental and investment potential in a desirable and walkable neighborhood
Description:

This portfolio includes four commercial office buildings totaling approximately 5,907 square feet of usable main-level office space on Winthrop Avenue in Broad Ripple, Indianapolis. All properties are zoned C-1 and offer office space suitable for a variety of professional uses. The location provides good visibility and convenient access to major roads and public transit, with nearby retail and dining options. This package offers flexibility for investors or businesses seeking office space in an active commercial area.

5232 Winthrop Avenue
This 940-square-foot building features a straightforward office layout suitable for small professional firms. It also includes a 459-square-foot unfinished basement. The main level provides a functional and efficient work environment with easy street access.

5236 Winthrop Avenue
Offering 720 square feet of usable office space on the main level, this building has a practical floor plan for professional use. It also includes a 500-square-foot unfinished basement. Recent updates to the windows and roofing provide low-maintenance appeal for tenants or owner-occupants.

5240 Winthrop Avenue
This is the largest main-level space in the portfolio at approximately 2,000 square feet and currently serves as the main office. Its layout is well-suited for teams or businesses needing more room. The property also features a dedicated parking lot, a valuable asset in this busy Broad Ripple area.

5260 Winthrop Avenue
This building offers 2,694 total square feet, with 1,347 square feet on the main level and 1,347 square feet in the basement. It is the only property in the portfolio with a finished and usable lower level. The spacious layout and strong street presence make it ideal for larger office users or potential multi-tenant use.

Located on Winthrop Avenue in Broad Ripple, Indianapolis, these four commercial office buildings offer good visibility and easy access to major roads and public transportation. The area has a strong mix of retail, dining, and service businesses, making it convenient for employees and clients.

Map:
Documents:
Title
Winthrop_Avenue_Brochure.pdf
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