www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
12243696
12243697

3808 Shelby St, Indianapolis, IN 46227

CK
IN RB14051298, IN
Tharp Realty Group
Listed by Tharp Realty Group
Unpriced
1022 days on market
Updated 63 days ago
Opportunity zone

3808 Shelby St.

Details
APN 49-11-25-107-008.000-501
Property Type Retail
Sub Type Retail
Square Footage 10,344
Tenancy Multi
Class C
Year Built 1954
Buildings 1
Stories 1
Acreage 1.020
Zoning MU-2
Parking Spaces 40 spaces
Parking Per SqFt 3.87

Retail | 10,344 SF

Marketing description

DO NOT DISTURB TENANT

Freestanding Building For Sale which houses The Wit Theater- Home of ComedySportz Indianapolis and Christel House Academy located directly across from The University of Indianapolis on the Southside of Indianapolis. The Redline located directly in front of the Property extends travel to Broad Ripple providing access to work, education, health care, restaurants, entertainment, and shopping and serves as a cornerstone of a comprehensive set of transportation options serving Indianapolis and central Indiana.

UIndy Enrollment:

5,600 students on the main campus in Indianapolis, including approximately 1,400 graduate students

100+ undergraduate degree programs, 40+ master's degree programs, and five doctoral programs

40+ U.S. states and 55+ countries represented among students on campus

Investment highlights

DO NOT DISTURB TENANT

Freestanding Building For Sale which houses The Wit Theater- Home of ComedySportz Indianapolis and Christel House Academy located directly across from The University of Indianapolis on the Southside of Indianapolis. The Redline located directly in front of the Property extends travel to Broad Ripple providing access to work, education, health care, restaurants, entertainment, and shopping and serves as a cornerstone of a comprehensive set of transportation options serving Indianapolis and central Indiana.

UIndy Enrollment:

5,600 students on the main campus in Indianapolis, including approximately 1,400 graduate students

100+ undergraduate degree programs, 40+ master's degree programs, and five doctoral programs

40+ U.S. states and 55+ countries represented among students on campus

Listing Contacts

CK
IN RB14051298, IN
Tharp Realty Group
Listed by Tharp Realty Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591