Commercial: MLS #21920247 Indianapolis, IN $ 395,000
Commercial: MLS #21920247
$ 395,000
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Commercial: MLS #21920247

Indianapolis, IN, 46203
$ 395,000
Baths0.0 Sq 5,624

Monthly Estimate*

$ 2,625

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Studio

Commercial Property for sale in Indianapolis, IN

for $395,000. This 5,624 square foot building was built in 1901 on a lot size of 0.29.

Good opportunity to locate your business between two fast growing markets, Fountain Square & Garfield Park, along Shelby Street. Quick access to the Red Line and I-65. Two buildings with over 5,600 usable square feet on two lots. Front building has been used as office space for plumbing company and rear building for storage. Front building is setup for a three bedroom apartment on second floor. Live and work in the same building if desired. Zoned MU-1.

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Commercial Active

Price

$ 395,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,836

Style

Office

Lot Size

0.29

Year Built

1901

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21920247

Features
General
Heating Forced Air Gas
Cooling None
Utilities Cable Available Electricity Connected Gas Sewer Connected Water Connected
Possession Negotiable
Roof Shingle
Zoning MU-1
Year Built 1901
Electric 200+ Amp Service
View City
Stories 2
Township Center SE
Property SubType Office
Tax Year 2022
Current Use Office
Building Name SUBDIVISION NOT AVAILABLE See Legal
Additional Parcels Description Whitsetts Sub Cress Add 55Ft N S Of 123Ft W Endl1
County Marion
New Construction N
Property Type Commercial Sale
Subdivision Name Subdivision Not Available See Legal
Facing Direction West
Possible Use Office Retail
Status Active
Directions From Raymond & Shelby. North on Shelby to building on right just past Claus's.
City Indianapolis
Buyer Agent Compensation 3
View Y/N Y
High School District Indianapolis Public Schools
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 5904
Waterfront Y/N N
Additional Parcels Y/N Y
Days on Market 351
Standard Status Active
Tax Lot 1
Buyer Agent Compensation Type %
Legal Description Whittests Sub Cress Add 48 X 123Ft S Of 55Ft Nwcor L1
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Exterior
Fencing Chain Link
Parking Features Alley Access Common Gravel
Building Area Total 5624
Lot Size Acres 0.29
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Ryan Moriarty

Listing Agent

Greenwood - Weichert, Realtors® - Tralee Properties

Broker

Affordability Calculator

$3,028
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,625
Monthly Property Taxes
$403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$395,000 Listed Price

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