$ 999,000
7220 S Franklin RD Indianapolis, IN 46259
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Listed by Scott Armstrong • Armstrong Real Estate Brokerag
$ 999,000
Est. payment /mo
Pending
7220 S Franklin RD Indianapolis, IN 46259
2,806 SqFt
UPDATED:
11/02/2024 12:01 AM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Pending
Purchase Type For Sale
Square Footage 2,806 sqft
Price per Sqft $356
MLS Listing ID 21977393
Year Built 1875
Tax Year 2023
Lot Size 8.960 Acres
Acres 8.96
Property Description
ONE OF A KIND EVENT CENTER PROPERTY AVAIALBE IN GROWING FRANKLIN TOWNSHIP! Welcome to 1875! You must see this property in person to truly appreciate the setting and beauty. Perfect property to own and operate an event center business for weddings, parties, etc with very limited competition in Southeast Marion County. Huge opportunity! This property sits on almost 9 acres of land with mature trees throughout. The farmhouse has been completely updated and professionally decorated. Great detail, thought, and planning to the use of each area in the farmhouse with designated rooms for bridle party and groomsmen. Plenty of parking for large events. The seller has invested approximately $600,000 worth of improvements since ownership is making this a one of kind property for variety of events. Improvements/Structures on the property include the remodeled farmhouse, 3 car detached garage, a huge party barn, and original milk barn. Just a few of the recent improvements include: approximately 4 acres of site work/clearing, connection to city water, irrigation system that covers approximately 2 acres, bridge installation the crosses the creek, 11,000+- installation of stamped concrete patio with 2 raised areas for stage/band, huge fire pit area, 1020 sq foot walkway to bridge, epoxy floors in barn, new electrical, commercial beverage cooler, whiskey barrel themed decor throughout party barn, table and chairs throughout, all furnishings in farmhouse, and 600+ foot privacy fence. Hurry, this opportunity will not last long!
Location
State IN
County Marion
Zoning DA
Interior
Fireplace N
Exterior
Garage Spaces 3.0
Utilities Available Electricity Connected
Waterfront false
Parking Type Detached
Building
Story 2
New Construction false
Schools
Middle Schools Franklin Central Junior High
School District Franklin Township Com Sch Corp
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