$599,000 5250 West 16th Street Indianapolis, IN

MLS: 21322403   Type: Commercial   County: Marion   City: Indianapolis   Area: 4909-marion - Wayne   Neighborhood: No Subdivision   Zip: 46224   Style: CommMulTen     Taxes: $7,296

Mortgage $2,812 /mo



Half Baths

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Attention Investors! Prime corner in Speedway available-NE corner of 16th St. & Lynhurst. Road frontage on both 16th St. & Lynhurst. Good traffic at Race time and all year round. Listing includes three building, parking lot and storage. Owner is selling as a package only. All building currently leased-barber shop, pizza place and mini market. Current leases in place are month to month for ease of transition. There are three total parcels and address are 5250 W. 16th St, 5250 W. 16th St. and 1609 Lynhurst.

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Price History

10/30/2017 Listed $599,000

Affected by Disclosures 0
Area 4909 - Marion - Wayne
Available for Showing 1
BAC Amount BACAmount%
Contingency Act with no Contingency
Cumulative Days on Market 1401
Disclosure Other None
Listing Type Exclusive Right to Sell
Possession TentantRights
Present Use CommMulTen
Property Description
Property Sub Type Retail
Property Type Commercial
Retail Type FreeStand
Status Active
Tax Year 2017
Township Wayne
Year Built 1948
Zoning C3

Exterior Features

Building Size 5000
Parking Surface Ashphalt
Road Access CityStreet

Property Schools

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Gallery (11 photos)

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Property vs Zip Code Avg (46224)

Price 599K Avg 616K

Sqr Feet 5,000 Avg 4,023

Cost / Sqr Ft $120 Avg $153

Taxes $7,296 Avg $7,051

Acres 0.62 Avg 1.65

Visits 239 Avg 66

Days on Site 1,423 Avg 328

Walkscore® 58 Avg 47

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Listing Provided Courtesy Of: F.C. Tucker Company

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Location & Address

Keller Williams Realty - Kim Alexander
8555 N. River Rd. Suite 200
Indianapolis, IN