COMMERCIAL 2 STORY BUILDING SEALED BID AUCTION
CLOSE TO DOWNTOWN INDY!
GALLIVAN, PARTNERING WITH LEE & ASSOCIATES, IS HAPPY TO OFFER THIS PROPERTY AT SEALED BID AUCTION
2:00 PM Eastern Time (US & Canada)
7170 Zionsville Road
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C-5 ZONED COMMERCIAL PROPERTY PUBLIC SEALED BID AUCTION
1718 W 15TH ST, INDIANAPOLIS, IN 46202
MIMIMUM BID OF $75,000
SEALED BIDS DUE BY SEPT [email protected] 2:00PM EDT TO 7170 ZIONSVILLE RD, INDIANAPOLIS, IN 46268.
GALLIVAN, ALONG WITH LEE & ASSOCIATES, IS HAPPY TO OFFER AT PUBLIC SEALED BID AUCTION THIS 2 STORY, FULL BASEMENT, FORMER FT. HARRISON LODGE/MT. CALM TEMPLE.
TOTAL ACREAGE: .36 AC
NUMBER OF BUILDINGS: 1
POPULATION 2011(3 MILE): 248,311
TAXES: $2.701.66 SEMI-ANNUAL
DATE OF CONSTRUCTION: 1958
SIZE OF BUILDING: 9,930 SF ABOVE GROUND (4,965 SF FINISHED BASEMENT)
HEAT: 2 ROOF MOUNTED UNITS FOR OFFICES
OFFICE DESCRIPTION: THE PROPERTY HAS 8 SINGLE OFFICES, 1 SHARED OFFICE, 4 RESTROOMS, A FORMER COMMERCIAL KITCHEN, AND SMALL WAITING AREA. TFT VINYL FLOOR COVERINGS, DRY-WALLED,
FLOORING: CONCRETE SLAB
CLEAR HEIGHT: 9’
CONSTRUCTION: CONCRETE BLOCK
PARKING: ASPHALT PARKING IN BACK. ASPHALT DRIVEWAY ON BOTH EAST AND WEST SIDE OF PROPERTY
ALL SEALED BIDS MUST BE ACCOMPANIED BY $5000.00 EARNEST MONEY IN CERTIFIED FUNDS. BIDS WITHOUT EARNEST MONEY WILL NOT BE CONSIDERED. IF YOU ARE NOT THE WINNING BIDDER, EARNEST MONEY WILL BE IMMEDIATELY RETURNED TO YOU
In April of 2004 an incident report was filed with the Indiana Department of Environmental Management (IDEM) by attorneys representing Flexdar, Inc., a company that operated at 1825 W. 18th, a property located three blocks away from the subject property. The substances identified in the report were TCE and Dicloroethene, with presence in the soil and in the groundwater at the 18th Street site.
A responsible party (insurance company) has been identified and is implementing an IDEM approved Voluntary Remediation Program (VRP) for cleanup of the site and other affected areas. As part of the VRP, IDEM has directed that nearby sites be tested for vapor intrusion. In the subject property’s case, the testing would be below three areas of the basement slab. In the event that vapors from Flexdar’s chemicals are present in a quantity sufficient to be of concern, the remediation process would fall under the VRP.
Should it be required, the remediation of 1718 W. 15th Street would be similar to what is done with a home that has Radon intrusion. A vacuum is created under the slab to draw vapors to an evacuation system. The vapors are then vented to the exterior of the building via pvc piping and discharged near the top of the building.
IDEM has confirmed that the Flexdar responsible party would implement this remediation if needed, and that none of the remediation costs, if any are required, would be borne by the owner of 1718 W. 15th Street.
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