Sitting with prominent street frontage on Dr. Martin Luther King, Jr. Street, Indianapolis Public Schools Phillips Temple property has much to offer a buyer with an eye toward repurposing and redevelopment!
Its 1226 Dr. Martin Luther King, Jr. Street address makes for easy access to I-65 and downtown Indy and puts it just a walk away from IUPUI, Ezkenazi Health and the 16 Tech downtown technology district.
In fact, the property sits within a city-designed Certified Technology Park encouraging new technology business redevelopment and adjacent to two Tax Increment Financing (TIF) districts.
Abbe Hohmann, President of Site Strategies Advisory, LLC, and part of the district’s Real Estate Review Team said, “Phillips Temple is a unique property located in the historic Flanner Homes neighborhood, which includes an additional lot for expansion of the church building or parking. This area is experiencing quite a bit of reinvestment and new development because of its close proximity to IUPUI, 16 Tech and the nearby retail center with Starbucks.”
The two-parcel site has a 6,642 square foot sanctuary building with basement on its north side and an empty lot at the rear of the property, both just waiting for the right redevelopment plan to put them to use! We are happy to offer this property as part of our ongoing efficient operations strategy and look forward to selling to a buyer who can add to the progressive and innovative community growing around it!
You are welcome to tour the Phillips Temple property on June 23 from 9:00-10:30 a.m. For more information about this and the other properties for sale or lease, check out our district real estate website at myips.org/realestate. If you have more specific questions, please email Abbe Hohmann at email@example.com.
- Post published:June 1, 2015