3870 E Washington Street, Indianapolis, IN 46201

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Sold Price
$250,000
List Price
$250,000
Closing Date
May 01, 2026
MLS#
22095500
Property Type
Commercial Sale
Sqft. of Residence
6,890
Year Built
1964
Days on Market
15
Status
SOLD

Property Description

Positioned for maximum visibility and versatility, this nearly 7,000 square foot commercial property presents a rare opportunity for investors and owner users alike. Recently appraised at $340,000, this property is being offered well below appraised value to generate immediate interest and create a compelling opportunity in today's market. The building features an incredibly functional and flexible layout, including two storefronts ideal for retail or office use, three bays with overhead garage doors suited for service based businesses or storage, a dedicated workshop space, and a second floor 1708sqft apartment that allows for a true live work setup or additional income potential. Whether you are an entrepreneur looking to operate your business on site, an investor seeking multiple income streams, or a business owner needing a highly adaptable space, this property delivers. Zoned C5, the possibilities here are extensive, supporting a wide range of commercial uses. The prime location offers exceptional frontage and exposure, giving your business the visibility it needs to thrive while also enhancing long term value. Properties offering this level of size, flexibility, and upside at this price point are exceptionally hard to find. This is a unique opportunity to secure a high potential asset with built in versatility and room for growth.

Additional Information

Acres
0.16
Heat
Forced Air
Region
Center

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Calculator source: Real Geeks

Listing courtesy of Berkshire Hathaway Home. Selling Office: Keller Williams Indy Metro NE.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative