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1802 Shelby Street Indianapolis, IN $ 324,900
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$ 324,900 Get more info
1802 Shelby Street
$ 324,900
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1802 Shelby Street

Indianapolis, IN, 46203
$ 324,900
Baths0.0 Sq 3,820

Monthly Estimate*

$ 2,270

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Studio

Commercial Property for sale in Indianapolis, IN

for $324,900. This 3,820 square foot building was built in 1920.

2 unit commercial property in high visibility area just outside of popular Fountain Square! Both units are occupied and cash flowing. This property includes the commercial building at 1802-04 Shelby with vacant lot at 1808 Shelby (21971453), the residential unit behind it at 1033 Iowa (BLC# 21762625), and the parking lot at 1760 Shelby (BLC# 21762603). The parking lot includes 12 spots. This property was completely renovated in 2018 with new rubber roof, new awning, new flooring, electrical, plumbing, and paint. Tenant on 1802 side pays $1300 - 1804 tenant pays $995 - leased through May 31, 2026. Tenant pay electric/gas. Landlord pays sewer/water.

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Commercial Active

Price

$ 324,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 906

Style

Office

Year Built

1920

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21971286
Features
General
Cooling Separate Meters
Utilities Sep Gas Meter Sewer Connected Water Connected
Possession Closing
Zoning Comm
Year Built 1920
Stories 1
Township Center
Levels One
Property SubType Office
Tax Year 2023
Current Use See Remarks
County Marion
New Construction N
Property Type Commercial Sale
Possible Use Office
Status Active
Directions From 65 & Raymond go North on Shelby St property on left.
City Indianapolis
Buyer Agent Compensation 3
High School District Indianapolis Public Schools
MLS Area 4913 - Marion - Center Se
Street Name Shelby
Days on Market 29
Standard Status Active
Tax Lot 22
Buyer Agent Compensation Type %
Legal Description Beatys Add 70 Ft E End L21 B24 4 4-10 Ft N Sideof 70 Ft E End L22 B24
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Interior
Basement (Y/N) N
Street Suffix Street
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Exterior
Building Area Total 3820
Lot Size Acres 0
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Sheepsheds, Llc

Broker

guy_laura@att.net

Email

Affordability Calculator

$2,345
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,270
Monthly Property Taxes
$76
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/26/2024$324,900 -4.41% Price Down
4/19/2024$339,900 -2.86% Price Down
3/29/2024$349,900 Listed Price

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1802 Shelby Street, Indianapolis, IN, 46203 is a Commercial Property for sale at $324,900 with 3,820 sqft. 1802 Shelby Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 46203 which is in Indianapolis, IN

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