2764 E 55TH Place E Indianapolis, IN $ 1,200,000
2764 E 55TH Place E
$ 1,200,000
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2764 E 55TH Place E

Indianapolis, IN, 46220
$ 1,200,000
Baths0.0 Sq 5,611

Monthly Estimate*

$ 8,382

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Studio

Commercial Property for sale in Indianapolis, IN

for $1,200,000. This 5,611 square foot building was built in 1955 on a lot size of 0.76.

Freestanding building in light-industrial Mallott Business Park, east side Keystone Ave, south of 56th St. Atomic ranch with quiet park setting, natural lawn, mature trees surround building on deep lot, 181' frontage on all sides with east and south facing city streets. Entry at NE corner using N. Rural St. curb cut, private parking along north property line and to west on paved surface lot, exit onto 55th Pl. from southeast of property. Existing business relocating, property sold vacant. Since 2003 used as auction house, live/virtual sales, antique appraisals, business office, product receiving/distribution. East entry with 500' covered canopy, illuminated, accessible to interior front lobby, custom cabinetry behind receiving counter, offices at ends, limestone gas fireplace at south building wall. Lobby and main showroom separated by partition wall with viewable windows and doors at opposite ends. Main showroom with nearly 16' clear height, dark wood finish ceiling, attached light fixtures and ceiling fans, west-facing windows, raised stage center wall at north end. Additional rooms and work areas along perimeter walls. Large site allows building/parking enlargement. Address recently changed to 5564 N. Rural St.

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Commercial Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,272

Style

Industrial

Lot Size

0.76

Year Built

1955

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21960595

Features
General
Heating Gas
Cooling Central Electric
Utilities Electricity Connected Gas Sewer Connected Water Connected
Possession Closing
Roof Rubber
Zoning I-1
Year Built 1955
Electric 200+ Amp Service
Stories 1
Township Washington
Levels One
Property SubType Industrial
Tax Year 2023
Current Use CommSglTen
Building Name RIPLEY AUCTIONS
County Marion
New Construction N
Property Type Commercial Sale
Facing Direction East
Possible Use CommSglTen Industrial Medical Office Retail
Status Active
Directions GPS Friendly
City Indianapolis
Buyer Agent Compensation 3.5
High School District Indianapolis Public Schools
MLS Area 4903 - Marion - Washington
Lot Size Square Feet 32881
Waterfront Y/N N
Street Name 55TH
Additional Parcels Y/N N
Days on Market 56
Standard Status Active
Tax Lot 8003164
Buyer Agent Compensation Type %
Legal Description Malott Park L4 B4
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Exterior
Parking Features Asphalt
Building Area Total 5611
Lot Size Acres 0.76
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Basement (Y/N) N
Street Suffix Place
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* Excluded Features
List By
Insite Commercial Real Estate

Broker

stacia@InsiteIndy.com

Email

Affordability Calculator

$8,988
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,382
Monthly Property Taxes
$606
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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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2024$1,200,000 Listed Price

Map


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2764 E 55TH Place E, Indianapolis, IN, 46220 is a Commercial Property for sale at $1,200,000 with 5,611 sqft and a lot size of 0.76. 2764 E 55TH Place E is a studio with 0.0 baths and was built in 1955. The property's zip code is 46220 which is in Indianapolis, IN