$865,000 6320 W 38th Street Indianapolis, IN

MLS: 21802869   Type: Commercial   County: Marion   City: Indianapolis   Area: Pike   Zip: 46254   Style: Retail     Taxes: $6,010

Mortgage $4,061 /mo



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GREAT LOCATION HEAVY TRAFFIC INTERSECTION! FANTASTIC OPPORTUNITY, OPERATE YOUR BUSINESS. VERY FAVORABLE OLD IDQ CONTRACT. Menu offers all types of dairy products, including ice cream cakes, chicken, hamburgers, etc. Dairy Queen being sold under original grandfather agreement regarding current royalty, sales promotion fee's, & protected territory. Shared cost of maintaining entrance easement from High School Road to property. New heating & cooling, new misty machine, 2 new ice cream machines, new registers. Great cash flow & increase in sales over previous years. Building also has a vacant room that can be used for birthday parties, etc. Second floor has concrete floor with two offices & storage. Sold AS IS due to owner health.

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Price History

8/2/2021 Listed $895,000
9/27/2021 4% - $865,000

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Current Use Restaurant
Days on Market 61
Directions From I-465, go East on 38th Street to first stop light, turn left onto High School Road, immediately turn left, and proceed to site.
Disclosures Not Applicable
New Construction N
Possession Close of Escrow
Possible Use Restaurant
Property SubType Retail
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name 38th
Tax Year 2021
Total Rooms 0
Township Pike
Year Built 1968
Zoning Z001

Interior Features

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

Exterior Features

Building Area Total 0
Road Frontage Type City Street
Road Surface Type Asphalt

Property Schools

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Gallery (19 photos)

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Property vs Zip Code Avg (46254)

Price 865K Avg 865K

Sqr Feet 3,941 Avg 3,941

Cost / Sqr Ft $219 Avg $219

Taxes $6,010 Avg $6,010

Visits 29 Avg 30

Days on Site 125 Avg 125

Walkscore® 71 Avg 71

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Dan Laser with RE/MAX Centerstone

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Location & Address

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