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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  1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

  2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

  3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

  4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

  5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?