1709 E 38th St - Specialty FOR SALE


Indianapolis, IN 46218- Meadows
$1,250,000 USD
281-818-8889
1709 E 38th St, Indianapolis, IN for Sale
$1,250,000 USD
Specialty - FOR SALE
1/38
null | Request Cap Rate

1709 E 38th St
Indianapolis, IN 46218
Meadows


HIGHLIGHTS

  • 2.32-acre property at the corner of E 38th St. and Orchard Ave
  • Just steps from the Indiana State Fairgrounds
  • Fully equipped commercial kitchen
  • Two distinct commercial buildings with endless potential

OVERVIEW

Prime opportunity on 2.32-acre property at the corner of E 38th St. and Orchard Ave., just steps from the Indiana State Fairgrounds. This site features two distinct commercial buildings with endless potential. Building #1, a historic 1950 church, offers a grand 500+ seat sanctuary, expansive entrance foyer, offices, a fully equipped commercial kitchen, and a spacious lower level for additional use. Building #2 is configured as a banquet hall, ideal for community functions. The property’s prime location and flexible layout make it perfect for religious organizations, event venues, or redevelopment opportunities. A rare chance to invest in a growing area with high visibility and accessibility.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Religious Facility

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

-

APN/PARCEL ID

49-07-19-109-049.000-101

ASK ABOUT THIS PROPERTY

Akinyele AdegbehingbeGoodenif Realty LLCMore Info
281-818-8889

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Akinyele AdegbehingbeGoodenif Realty LLCMore Info
281-818-8889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.