Lease to Own
2834 Shelby Street Indianapolis, IN
$ 250,000
Property Attributes
  • MLS#21783771
  • TypeCommercial
  • CountyMARION
  • CityIndianapolis
  • AreaCenter SE
  • Zip46203
  • StyleCommMulTen,Medical,Office,Restaurant
  • Year Built1940
  • Taxes$ 1410
  • Price$ 250,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1696
  • Lot Size5,240 SqFt
Listing Provided Courtesy Of:
Taylor Thomas with Taylor Thomas Realty, LLC
Data Source:
Metropolitan Indianapolis MLS (MIBOR) - 116 - IN
Property Description

C-5 Zoning! Excellent corner lot .5 mile from Garfield Park, 5 min to downtown Indy, and less than 1 mile to I-65! Right next door to the popular Dinner Bell Market and many other established local businesses. Great consumer exposure w/ lots of street parking and some parking space in the rear.The 4 rooms & half bath inside have been completely updated with new lighting, plumbing, new flooring, sealed wood beams, & fresh paint throughout! Flexible floor plan ready for use as larger rooms or smaller sections with outside entrances. Used to be a resale shop. Built in shelving up front. 2 car attached garage space could be used as retail space, if desired. Would be a great location for a restaurant, hair salon, or small business office space!

Price History
5/7/2021 Listed $300,000
6/30/2021 17% - $250,000

General Features

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional, Lease Purchase, LeaseW/Option
Current Use Vacant
Days on Market 60
Directions Shelby Street South of Raymond almost to Troy, West side of the street
Disclosures Not Applicable
New Construction No
Possession Close of Escrow, Negotiable
Possible Use CommMulTen, Medical, Office, Restaurant
Property SubType Retail
Property Type Commercial Sale
Standard Status Active
Status Active
Stories 1
Street Name Shelby
Tax Year 2019
Township Center SE
Year Built 1940
Zoning Retail

Interior Features

Street Suffix Street

Exterior Features

Lot Size Acres 0.1203
Road Frontage Type City Street
Road Surface Type Asphalt


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 46203

AVG $840K
AVG $6,638
AVG 58
Year Built
AVG 1930
AVG 55
Data Provided by Walkscore ® not using MLS data

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