• 2425 E Michigan St, Indianapolis, IN 46201

For Sale

Retail

For Sale

This property is available for sale
0.23
Acres
Negotiable
Sale Price
  • Year Built
    1920
  • Total Building Size
    9,664 RSF
  • Overview

    Near East Side property for sale on well traveled E. Michigan street giving any new buyer or tenant excellent visibility and accessibility for their business. Building is located one block from Thomas D. Gregg School #15 and three blocks from Saint Philip Neri Catholic School. Property is located on a corner lot with an easy 5 minute drive into downtown Indianapolis. Rare mixed use property for sale close to downtown Indianapolis. Building has large commercial retail space on the street level with residential or office space on the second level. Building has three separate access points inside the building so could be subdivided for multi-tenant use. Great location for creative live-work space, convenient store, day care, restaurant, bar, or retail business. Property also has new roof (80% of surface area) and new siding (80% complete with materials onsite to complete 100% of siding area). This building is ready for an investor/developer to complete renovations or an owner-user to establish their business in a developing area (See buildings location within Indianapolis' Great Places 2020 development plan).

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Property Details

Mixed Use Development Property

Near East Side property for sale on well traveled E. Michigan street giving any new buyer or tenant excellent visibility and accessibility for their business. Building is located one block from Thomas D. Gregg School #15 and three blocks from Saint Philip Neri Catholic School. Property is located on a corner lot with an easy 5 minute drive into downtown Indianapolis. Rare mixed use property for sale close to downtown Indianapolis. Building has large commercial retail space on the street level with residential or office space on the second level. Building has three separate access points inside the building so could be subdivided for multi-tenant use. Great location for creative live-work space, convenient store, day care, restaurant, bar, or retail business. Property also has new roof (80% of surface area) and new siding (80% complete with materials onsite to complete 100% of siding area). This building is ready for an investor/developer to complete renovations or an owner-user to establish their business in a developing area (See buildings location within Indianapolis' Great Places 2020 development plan).

  • Property Type
    Retail
  • Submarket
  • Year Built
    1920
  • Total Building Size
    9,664RSF
  • Total Acres
    0.23
  • Sale Status
    Available
  • Last updated
    Jan 03, 2018
  • Property ID
    1999115

Landlord's Sales Representative

  • Curtis Shaw
    Acorn Group
     
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