$395,000 5041 E 16th Street Indianapolis, IN

MLS: 21696317   Type: Commercial   County: Marion   City: Indianapolis   Area: Center Ne   Zip: 46201   Style: Retail     Taxes: $6,996

Mortgage $1,854 /mo



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This is a 7,200+/- square foot retail building that could be perfect for your retail use. The building has excellent visibility along 16th Street with close proximity to Emerson Avenue. The building could be split into smaller suites for lease, a restaurant, or many other retail or office uses. Pricing appears to be aggressive at under $50.00 per square foot.

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Price History

2/21/2020 Listed $350,000

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Use Retail
Days on Market 641
Directions Just west of Emerson Avenue on the south side of 16th Street
Disclosures Not Applicable
New Construction N
Possession Negotiable
Possible Use Place of Worship, CommMulTen, Office, Restaurant
Property SubType Retail
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name 16th
Tax Year 2019
Total Rooms 0
Township Center NE
Year Built 1988
Zoning C-3

Interior Features

Full Baths 0
Half Baths 0
Street Suffix Street
Total Baths 0
Total Bedrooms 0

Exterior Features

Building Area Total 0
Lot Size Acres 0.625
Road Frontage Type City Street
Road Surface Type Asphalt

Property Schools

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Property vs Zip Code Avg (46201)

Price 395K Avg 368K

Sqr Feet 7,200 Avg 5,866

Cost / Sqr Ft $55 Avg $63

Taxes $6,996 Avg $3,867

Acres 0.62 Avg 0.23

Visits 139 Avg 89

Days on Site 650 Avg 338

Walkscore® 49 Avg 54

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Keith Turnbill with RE/MAX Advanced Realty

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Location & Address

Dr. Tom Galovic
50 Airport Parkway, Suite D
Greenwood, IN