3960 Boulevard Pl Indianapolis, IN 46208

This exceptional 4,293 square foot retail building in Indianapolis, Indiana, presents a compelling investment opportunity. Located on a desirable 0.15-acre corner lot at 3960 Boulevard Pl, 46208, this single-story, Class B property boasts high traffic visibility and excellent street exposure. Built in 1925 and renovated in 2012, the building features five units, currently at 50% occupancy. One unit is leased month-to-month to a daycare, generating immediate rental income. Other spaces include a fully equipped salon suite with existing plumbing for shampoo bowls and two additional units suitable for office use. A spacious basement provides ample storage. The property is zoned C3 and offers 2,148 square feet of net rentable space, with an asking price of $645,000 ($150.24 per square foot). This versatile property is ideal for both owner-users and investors seeking a strong return on investment. The gross lease structure simplifies management, and the existing tenant provides a stable income stream. The property's prime location and flexible unit configuration make it an attractive option for a variety of businesses. This is a rare chance to acquire a well-maintained, income-producing property in a thriving Indianapolis neighborhood. The Marion County location and its convenient access to major thoroughfares further enhance its appeal.