2023 S Shelby St - Office/Residential FOR SALE


Indianapolis, IN 46203- Garfield Park
$249,900 USD
317-647-5559
2023 S Shelby St, Indianapolis, IN for Sale
$249,900 USD
Office/Residential - FOR SALE
1/31
null | Request Cap Rate

Aug '25


2023 S Shelby St
Indianapolis, IN 46203
Garfield Park


HIGHLIGHTS

  • This unique mixed-use property is ideally situated near Bates Hendricks and Fountain Square, just minutes from I-65 and downtown Indianapolis
  • With high visibility and a central location, it’s perfect for a small business looking for an urban hub with built-in rental income potential.
  • The main level has served as a real estate office for over 20 years, and its layout is well-suited for a variety of professional uses.
  • Upstairs, a tenant-occupied rental unit (month-to-month) provides immediate income or potential for future redevelopment.
  • Whether you're looking to launch or relocate your business, or add to your investment portfolio, this is a fantastic opportunity to bring your vision

OVERVIEW

Versatile Mixed-Use Opportunity Near Downtown Indy Offered AS-IS, this unique mixed-use property is ideally situated near Bates Hendricks and Fountain Square, just minutes from I-65 and downtown Indianapolis. With high visibility and a central location, it’s perfect for a small business looking for an urban hub with built-in rental income potential. The main level has served as a real estate office for over 20 years, and its layout is well-suited for a variety of professional uses including: Real estate brokerages or investor offices Mortgage or insurance agencies Legal, financial, or counseling services Creative studios for artists, designers, or content creators E-commerce operations, tech startups, or web developers Upstairs, a tenant-occupied rental unit (month-to-month) provides immediate income or potential for future redevelopment. Whether you're looking to launch or relocate your business, or add to your investment portfolio, this is a fantastic opportunity to bring your vision to life.

FOR SALE DETAILS

PRICE

$249,900 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Mixed Use

APN/PARCEL ID

49-10-18-140-009.000-101

ASK ABOUT THIS PROPERTY

Kevin HudobaKeller Williams Indianapolis Metro NorthMore Info
317-647-5559

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Kevin HudobaKeller Williams Indianapolis Metro NorthMore Info
317-647-5559

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