7737 Shelbyville Rd - Retail FOR SALE


Indianapolis, IN 46259- South Franklin
$650,000 USD
7737 Shelbyville Rd, Indianapolis, IN for Sale
$650,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

7737 Shelbyville Rd
Indianapolis, IN 46259
South Franklin


HIGHLIGHTS

  • Popular, Family owned grocery

OVERVIEW

Rare opportunity to own a well-established local landmark in the heart of Franklin Township! This family-owned small grocery mart has proudly served the community for over 60 years and is ready for its next chapter. Ideally situated in a high-visibility, high-traffic location, the property offers excellent convenience and accessibility for neighborhood residents. The commercial space features a charming, functional layout with ample display and refrigeration space for everyday essentials, snacks, beverages, and more. A detached two-car garage provides valuable storage or utility space for business or personal use. Connected to the store is a spacious, three-bedroom residential home—perfect for an owner-occupant looking to live onsite or as a rental opportunity to generate additional income. The home offers a cozy, functional layout with endless potential. Sold as-is, this mixed-use property offers a unique blend of business and residential opportunity in one of Franklin Township’s most convenient and well-known locations. Don’t miss your chance to bring new life to this neighborhood staple!

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mike's Midway

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

C-3

APN/PARCEL ID

49-15-13-113-007.000-300

ASK ABOUT THIS PROPERTY

Jim TalhelmHoosier RealtorsMore Info

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Jim TalhelmHoosier RealtorsMore Info

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