On the market: 1926 theater, home to The Emerson

December 13, 2012
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The Emerson IndianapolisAn eastside theater built in 1926 is up for sale with an asking price of $145,000. The building at 4630 E. 10th Street in the Little Flower neighborhood houses the all-age local music venue known as The Emerson. A listing says the building has a seated capacity of 542 and room for another 400 standing. The listing notes the building's zoning allows for a variety of uses ranging from theater to nightclub, though a lease with the current tenant remains in place. The Emerson's voicemail box was full, and proprietor Dave Hess didn't immediately return an email message.  The theater's website describes itself as: "Humanity's worst venue ever - Since 1993." The building owner is locally based Caligula LLC, which has a registered agent of Andy Berry, who could not be reached. The 5,000-square-foot building along 10th Street between Drexel and Bosart avenues has an assessed value of $102,400. The listing agent is Greg Hattenbach.

Spot a unique real estate listing of interest to Property Lines readers? Drop me a line at cschouten@ibj.com.

  • puke on the stage
    Asking price nearly 50% over assessed value. Seems reasonable. Perhaps the reviews on Google are driving the increase. https://plus.google.com/117991848550985568180/about?gl=us&hl=en
  • Google reviews
    I don't know what those reviews were expecting. It is an all-ages music venue that hosts mostly punk and hardcore shows, and other types of pretty heavy music. OH NO! SOMEONE THREW UP ON THE STAGE!!!!!!1 It is an interesting place and I'm glad there is one venue that is all-ages that kids can go to. What'll be more interesting is if new owners don't let Josh and the gang continue the lease.
  • important stuff
    I've been puking on that stage since it opened as a live music venue. It serves as a great crime deterrent for local youth. It really is an asset to the city.

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