$449,000 5525 S Meridian Street Indianapolis, IN

MLS: 21823812   Type: Commercial   County: Marion   City: Indianapolis   Area: Perry   Zip: 46217   Style: Office     Stories: 1   Taxes: $8,442

Mortgage $2,108 /mo



Half Baths

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Unique commercial property. 3,576 square foot building with additional 532 square foot partially finished basement. Upscale oak bar and full commercial kitchen. High end woodwork throughout building. Oversized, extremely nice restroom facilities. Locker room with tile shower and oak lockers. Huge wooden patio with outside bar, gas fire pit and pergolas. Outdoor Koi pond and water feature. Property could possibly be used for professional or medical offices, day spa, event center, restaurant or other business uses. Asphalt parking lot with 22 spaces. Large lighted advertising sign. Nice landscaping. Wood sided building with dimensional shingled roof. Visible from State Road 135.

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Price History

11/10/2021 Listed $449,000

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Financing Conventional
Current Use Office
Days on Market 8
Directions 1/2 Block South of Epler Avenue on Meridian Street
Disclosures Corporate Owned
New Construction N
Possession Negotiable
Possible Use Medical, Office, Restaurant
Property SubType Office
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 1
Street Name Meridian
Tax Year 2021
Total Rooms 0
Township Perry
Year Built 1986
Zoning Business

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 1.28
Road Frontage Type City Street
Road Surface Type Asphalt

Property Schools

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Gallery (16 photos)

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Property vs Zip Code Avg (46217)

Price 449K Avg 443K

Sqr Feet 3,576 Avg 5,099

Cost / Sqr Ft $126 Avg $87

Taxes $8,442 Avg $6,983

Acres 1.28 Avg 1.53

Visits 7 Avg 192

Days on Site 22 Avg 192

Walkscore® 33 Avg 32

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Jason Hartman with Capstone Realty Group, Inc

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Location & Address

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