4022 E Michigan Street Indianapolis, IN $ 299,000
4022 E Michigan Street
$ 299,000
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4022 E Michigan Street

Indianapolis, IN, 46201
$ 299,000
Baths0.0 Sq 3,458

Monthly Estimate*

$ 2,089

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Studio

Commercial Property for sale in Indianapolis, IN

for $299,000. This 3,458 square foot building was built in 1920 on a lot size of 0.12.

For over 6 decades, Frost Upholstery shop has been operating in this corner commercial property. There are 2 front entrances. The left door leads to the fabric room. The right door leads to the workshop. The workshop has an open workspace concept with double doors that leads to the rear exit. The ideal buyer would be a like-kind upholstery business. The business has existing customers and staff that would be willing to switch with the new owner. The ideal buyer could also be a business that requires an open workspace. This property is located on the corner of Michigan and Grant. Purchase Price for the Package: $449,000. Address for the other property is 4018 E Michigan.

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Commercial Active

Price

$ 299,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,612

Style

Retail

Lot Size

0.12

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21950128

Features
General
Utilities Electricity Connected Gas Sep Electric Meter Sep Gas Meter Sep Sewer Meter
Possession Closing
Zoning Commercial General
Year Built 1920
Township Center NE
Levels One
Property SubType Retail
Tax Year 2021
Current Use CommSglTen
Building Name TUXEDO PARK
County Marion
New Construction N
Property Type Commercial Sale
Subdivision Name Tuxedo Park
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 2.5
High School District Indianapolis Public Schools
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 5400
Street Name Michigan
Additional Parcels Y/N N
Days on Market 48
Standard Status Active
Tax Lot Not Listed
Buyer Agent Compensation Type %
Legal Description Tuxedo Park Add L3 & 14Ft W Side L4 B13
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Exterior
Parking Features Alley Access Assigned
Building Area Total 3458
Lot Size Acres 0.12
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Interior
Basement (Y/N) N
Street Suffix Street
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* Excluded Features
List By
F.C. Tucker Company

Broker

Annie.Scott@talktotucker.com

Email

Affordability Calculator

$2,223
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,089
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/22/2023$299,000 -6.56% Price Down
11/3/2023$320,000 Listed Price

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4022 E Michigan Street, Indianapolis, IN, 46201 is a Commercial Property for sale at $299,000 with 3,458 sqft and a lot size of 0.12. 4022 E Michigan Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 46201 which is in Indianapolis, IN