3018 W 16th Street, Indianapolis, IN 46222

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
3018 W 16th Street,Indianapolis, IN 46222
$115,000
  • 3 Beds
  • 2 Baths
  • 1,820 sq. ft.
  • Single family
  • Active
Listed by: jen mattos
Office: garnet group
MLS#:22088730
Source:IN_MIBOR

Price summary

  • Price:$115,000
  • Price per sq. ft.:$55.29

About this home

Well-established cell phone and pager business with 30 years of operation. The sale includes all business equipment and inventory featuring four display cases, glass counters, and all phone merchandise. Multiple desks and chairs, storage cabinets, shelving, and interior floor mats. All exterior signage is included. This versatile commercial property in a high-visibility location near Speedway with flexible-use potential. Space can be adapted for a variety of business uses. All existing fixtures and equipment will convey or be removed at closing. Full bathroom on the main floor and a half bathroom in the basement. Basement generates immediate income with a long-term tenant in place at $850/month, with potential for future rent growth. NEW Roof in 2023. Rear parking for up to 12 vehicles and strong street presence. Ideal for investors or owner-users seeking space in a well-located area. This property is zoned C-5, land use residential as well.

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Home facts

  • Year built:1930
  • Listing ID #:22088730
  • Added:1 day(s) ago
  • Updated:March 12, 2026 at 04:43 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Dining Description:Other Eating Area
  • Basement:Yes
  • Basement Description:Basement, Egress Window(s), Roughed In, Storage Space
  • Living area:1,820 sq. ft.

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Year built:1930
  • Building area:1,820 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Busline
  • Construction Materials:Brick, Vinyl Siding

Utilities

  • Water:Public Water

Finances and disclosures

  • Price:$115,000
  • Price per sq. ft.:$55.29

Features and amenities

  • Amenities:Attic Access, Attic Stairway
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