6138 E Washington Street Indianapolis, IN $ 79,900
6138 E Washington Street
$ 79,900
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6138 E Washington Street

Indianapolis, IN, 46219
$ 79,900
Baths0.0 Sq 824

Monthly Estimate*

$ 558

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Studio

Commercial Property for sale in Indianapolis, IN

for $79,900. This 824 square foot building was built in 1924 on a lot size of 0.104.

Neat Art Deco Style Building awaiting a new "Vision" in Popular Irvington Area. Incredible Business opportunity in a sought after high traffic location. 824 Sqft split section building has been a barber & beauty shop, jeweler, business office, automotive service station, community recreation & more over last 100 years. Can be a single shop or split for two as it was for 50+ years. Located outside of the Irvington Historic area, so no restrictions related to that. Needs interior & exterior updating, roof, plumbing, etc, but is a very solid template to work from. Solid block & brick with concrete floors. Some electrical updates done pre 2000 but will need a going through. Selling "As Is" & priced far under potential value to reflect need to update. Washington St side is approx 28 x14 (with small bath), Sheridan side is approx 30x14, plus utility room & bath room. Overhead sign company has a lease at location & pays 1750+ yearly rent that will pass to buyer. Rent increases 3% per annum. Great place for any small retail, cafe', professional, counseling, real estate office or other. Driveway entrance from US40 (Washington St) or Sheridan Ave. All offers are subject to a 10 day "right to match offer or right of refusal" reserved by the overhead sign company. Property to be sold "as is", as seen without conditions. There was functioning business' at the location from 1924 until the last few years. Will sell 6138 E. Washington St in combination with 8 N. Sheridan Ave. Auto Body Shop for $350,000 total (The shop is $275,000 individually). Staked survey on property to be provided for the new buyer. Price on the property will increase if a roof installation occurs prior to an accepted offer. See attachments for other details. PLEASE DO NOT PULL ONTO PREMISSES WITHOUT PRIOR PERMISSION as Building is Monitored. 48 hours notice is required & afternoon showings only. Direct all questions to your Buyer Agent. Zoned C-4, Tax class 447 General Office. Buyers/Agents can research other

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Commercial Pending

Price

$ 79,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,472

Style

Business

Lot Size

0.104

Year Built

1924

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21903222

Features
General
Heating No Heating
Cooling None
Utilities Cable Available Electricity Connected Gas Nearby Sewer Connected Water Connected See Remarks
Possession Closing Other
Roof None Other
Zoning C3 Commercial Office
Year Built 1924
Electric Ready for Renewables
View City
Stories 1
Township Warren
Property SubType Business
Tax Year 2023
Current Use CommSglTen Office See Remarks
Building Name Kuhn's Eastern Addition
County Marion
New Construction N
Property Type Commercial Sale
Facing Direction Southeast
Possible Use CommMulTen CommSglTen Office Retail Vacant See Remarks
Status Pending
Directions Washington St (US 40) 1.5 Blocks East of Arlington Ave or West of Kitley. Sits on Corner of Washington Street & Sheridan Ave.
City Indianapolis
Buyer Agent Compensation 3.5
Disclosures Not Applicable
View Y/N Y
High School District Indianapolis Public Schools
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 4550
Waterfront Y/N N
Street Name Washington
Current Financing Cash Only SeeRemarks
Additional Parcels Y/N N
Days on Market 89
Standard Status Pending
Tax Lot 7
Buyer Agent Compensation Type %
Legal Description Kuhns Eastern Add 70 Ft S End 5 Ft E Side L6kuhns Eastern Add 70 Ft S End L7
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Exterior
Parking Features Asphalt Guest Parking Other
Building Area Total 824
Lot Size Acres 0.104
Road Surface Type Asphalt Concrete
Road Frontage Type City Street Highway
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Interior
Street Suffix Street
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* Excluded Features
List By
Berkshire Hathaway Home

Broker

barrydelk@aol.com

Email

Affordability Calculator

$681
Per Month
82%
18%
0%
Monthly Principal & Interest
$558
Monthly Property Taxes
$123
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
2/1/2024$79,900 Listed Price

Map


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6138 E Washington Street, Indianapolis, IN, 46219 is a Commercial Property for sale at $79,900 with 824 sqft and a lot size of 0.104. 6138 E Washington Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 46219 which is in Indianapolis, IN