For Sale
$485,000

2301 38Th StIndianapolis, IN 46218

High-traffic location, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional retail investment opportunity in Indianapolis, Indiana, presents a fee-simple ownership of a 7,524 square foot shopping center situated on a 0.43-acre lot. Built in 1950, the property boasts 100% occupancy with two units currently leased to Boost Mobile and American Eagle. The asking price is $485,000. Strategically located at the intersection of high-traffic Keystone Avenue (25,342 average daily vehicles) and 38th Street (20,167 average daily vehicles), this property benefits from excellent visibility and accessibility. The surrounding area features a strong concentration of national retailers, including McDonald's, O'Reilly Auto Parts, Save-A-Lot, Wendy's, Taco Bell, and Advanced Auto Parts, ensuring consistent foot traffic and consumer activity. Furthermore, the property's proximity to significant community anchors such as the Indiana State Fairgrounds, Indiana School for the Deaf, Tindley Prep, and a YMCA adds to its appeal and long-term stability. This is a rare chance to acquire a well-positioned, fully occupied retail center in a thriving Indianapolis neighborhood.

Highlights

  • Fee-simple ownership of a 7,524 SF shopping center on a 0.43-acre lot in Indianapolis, IN.
  • 100% occupied with Boost Mobile and American Eagle as tenants.
  • Asking price: $485,000.
  • High-traffic location at Keystone Ave. and 38th St. (25,342 & 20,167 AADT respectively).
  • Strong surrounding retail presence including national brands.
  • Proximity to Indiana State Fairgrounds, Indiana School for the Deaf, and other community anchors.

Property Details for 2301 38Th St

Property type
Lifestyle centers, Power centers
Square Feet
7,524 SF
Year Built
1950
Lot Size (sq. ft)
18,731 SF
Units
2

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.82531758
Longitude
-86.12309955
2301 38Th St, Indianapolis, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2301 38Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message