2329 Shelby Street, Indianapolis, IN 46203

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Sold Price
$387,000
List Price
$419,000
Closing Date
Feb 27, 2026
MLS#
22068740
Property Type
Commercial Sale
Sqft. of Residence
3,036
Days on Market
122
Status
SOLD

Property Description

Here's your chance to have it all-a beautifully renovated property offering both residential and commercial possibilities in the heart of one of Indianapolis's most exciting neighborhoods. The first floor features a wide-open, light-filled layout previously home to a yoga studio, ideal for retail, professional services, or creative offices. Its prime visibility, easy access to I-65, and proximity to Downtown Indianapolis make it an outstanding choice for a business seeking convenience and exposure. Upstairs, the second floor has been transformed into a stylish two-bedroom apartment, currently operating as a successful short-term rental with a lease in place through early December 2025. With its modern finishes, private entrance, and proven rental history, it offers immediate income potential or the flexibility to create a true live/work environment. Recent high-quality renovations have elevated this property into a turnkey investment-a space where you can both live and build your business with ease. The building includes a welcoming reception area, two large rooms, a kitchenette, two half baths, and a laundry area on the main floor, along with a full bathroom upstairs. Located just steps from Garfield Park, Indianapolis's oldest and most beloved public park, the property benefits from the area's growing energy. Garfield Park offers year-round recreation, beautiful trails, art, and community events that continually draw residents and visitors alike-adding real vibrancy and value to the neighborhood. Surrounded by popular destinations like Cafe Babette, Garfield Brewery, and Skosh Provisions, this location places you at the center of a thriving local scene. More than a building, this is a strategically positioned opportunity to live, work, and invest in one of the city's fastest-rising districts. Don't miss the chance to make this exceptional space the foundation of your next venture. This property comes thoughtfully upgraded throughout, offering comfort, eff

Additional Information

Acres
0.26
Region
Center

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Listing courtesy of F.C. Tucker Company. Selling Office: .

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