2242 Shelby Street, Indianapolis, IN
$ 345,000
Property Attributes
  • MLS#21932177
  • TypeCommercial
  • CountyMARION
  • CityIndianapolis
  • AreaCenter SE
  • Zip46203
  • StyleRetail
  • Year Built1905
  • Taxes$ 5206
  • Price$ 345,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1700
  • Lot Size5,227 SqFt
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

RESTAURANT AVAILABLE, great location with wonderful outside area PLUS a 2nd building for additional revenue. A fully functional restaurant with everything you need to open the doors. Also includes a finished level with a full bathroom that can be used as event space, living space, or perhaps an Air BnB with parking. The location is steps away from Garfield Park, grocery and the Garfield Brewery. Close to I-65, minutes into Fountain Square and poised to make someone very happy they made the investment. If Buyer continues as a restaurant, all equipment and furniture can stay or Seller can remove. Property being sold "AS IS". Previously permitted within the C-3 zoning district as a restaurant with beer and wine license.

Price History
7/19/2023 Listed $345,000

General Features

City Indianapolis
County Marion
Current Use Vacant
Days on Market 8
Directions I-65 north from I-465 to Raymond Street, exit west to Shelby Street, turn south, property located approximately 2 blocks on west side of Shelby Street.
New Construction No
Possession Closing
Property SubType Retail
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name Shelby
Subdivision Name No Subdivision
Tax Year 2021
Township Center SE
Utilities Electricity Connected, Gas, Sewer Connected, Water Connected
Year Built 1905
Zoning C-3

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 1700
Lot Size Acres 0.12


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 46203

AVG $400K
AVG $3,373
AVG 121
Data Provided by Inside Real Estate®
Year Built
AVG 1918
AVG 58
Data Provided by Walkscore® not using MLS data