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31657452
28379766

5117 E Washington St, Indianapolis, IN 46219

JL
IN IN RB19001595
Annie Scott Commercial Real Estate
Annie Scott Commercial Real Estate
Listed by Annie Scott Commercial Real Estate
$389,900
232 days on market
Updated 29 days ago

5117 E Washington St, Indianapolis, IN 46219

Details
Property Type Retail, Multifamily (+1)
Sub Type Creative Office, Medical Office (+1)
Square Footage 3,294
Tenancy Vacant
Price per SqFt $118
Broker Co-Op Yes
Year Built 1930
Buildings 1
Stories 2
Acreage 0.600
Zoning C3

Mixed-Use | Retail | Office | Medical | Freestanding | 3,294 SF | Big Lot

Marketing description

PRICE IMPROVEMENT! This 3,294 SF freestanding Indianapolis commercial building is full of residential charm and historic character with endless potential. Plus, it has a big extra lot in the back for additional parking or extra buildings. For over 35 years, it was home to a successful chiropractic practice operated by one dedicated owner. Zoned C3, it offers flexibility for a variety of business uses. The 1,230 SF main floor includes a convenient half bathroom for clients, while the 1,044 SF upstairs apartment provides the opportunity to create a full bathroom, kitchen, and up to three offices or bedrooms—ideal for a live/work setup (with variance), additional office space, or income-producing unit. The 1,020 SF basement previously operated as a successful workshop for many years. Featuring a beautiful stone and brick exterior, welcoming front lawn, chimney, and patio area, the property offers strong bones, high visibility, and a proven location in one of Indianapolis’s most vibrant historic districts. A large parking lot and additional rear lot provide room for expansion or storage. Bring your vision and restore this property to its full potential in thriving Irvington!

Seller is open to seller financing with acceptable terms for a solid, well-structured offer.

Contact J’nai LeFevre Stuller 317-695-0077 for more details or Schedule a Site Tour

Investment highlights

  • Seller is open to seller financing with acceptable terms for a solid, well-structured offer.

  • 18,000+ vehicle count per day

  • C-3 Zoning allows the following permitted uses

  • INDYGO Blue Line in front of property (DM J’nai for more information)

  • HEALTH CARE FACILITIES

    1. Medical or Dental Offices, Centers, or Clinics

    2. Medical or Dental Laboratories

    3. Hospital

  • BUSINESS, HOME & PERSONAL SERVICES OR REPAIR

    1. Check Cashing or Validation Service

    2. Consumer Services or Repair of Consumer Goods

    3. Financial and Insurance Services

    4. Hair and Body Care Salon or Service

    5. Laundromats

    6. Mortuary, Funeral Home

    7. Printing Services

  • FOOD, BEVERAGE, AND INDOOR ENTERTAINMENT

    1. Bar or Tavern

    2. Eating Establishment or Food Preparation

  • OFFICES

    1. Business, Professional or Government

  • RETAIL

    1. Grocery Store

    2. Pawn Shop

    3. Retail, Light General

    4. Department Store

  • COMMUNITY, CULTURAL & EDUCATIONAL FACILITIES

    1. Business, Art or Other Post-Secondary Proprietary School

    2. Club or Lodge

    3. Community Center

    4. Day Care Center or Nursery School

    5. Greenway

    6. Museum, Library, or Art Gallery

    7. Public Safety Facility or Post Office

    8. Religious Uses

    9. Schools: Elementary, Middle, or High School

  • LODGING

    1. Bed & Breakfast

  • AGRICULTURAL, ANIMAL RELATED & FOOD PRODUCTION USES

    1. Animal Care, Boarding, Veterinarian Services,

    2. Artisan Food and Beverage

    3. Farmers’ Market

    4. Garden as a Primary Use

  • RESEARCH AND DEVELOPMENT

    1. Information Technology R&D

    2. Logistics R&D

  • RESIDENTIAL USES

    1. Live/work Unit (with variance)

    2. Nursing Home

    3. Single-Family (with variance)

    4. Two-Family (with variance)

    5. Triplex or Fourplex (with variance)

    6. Group Home (with variance)

Listing Contacts

JL
IN IN RB19001595
Annie Scott Commercial Real Estate
Annie Scott Commercial Real Estate
Listed by Annie Scott Commercial Real Estate

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Additional Information

Name
J'nai LeFevre Stuller
License
IN RB19001595
Brokerage
F.C. Tucker
Brokerage Phone
317-844-4200
Brokerage Address
9277 North Meridian Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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