1145 Shelby StIndianapolis, IN 46203

Property Details for 1145 Shelby St

Year built

1940

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

2,706 SF

Zone code

ZO01

Property type

Commercial real estate

APN

49-10-18-185-003.000-101

APU

491018185003000101

Description

This exceptional 2,740-square-foot retail building, situated on a 0.13-acre lot at 1145 Shelby Street in Indianapolis, Indiana (zip code 46203), presents a unique investment opportunity. Built in 1940, this single-story structure features two suites, with 1,353 square feet currently available for lease. The property boasts excellent visibility along Shelby Street and convenient access to the Cultural Trail. The open floor plan offers considerable potential for various retail or office uses. Its prime location in the vibrant Fountain Square neighborhood places it within walking distance of numerous restaurants, boutiques, and other amenities. The building also benefits from on-site rear parking. Its proximity to downtown Indianapolis (less than a mile away) and its adjacency to the newly constructed Union Square mixed-use development (featuring 70 luxury residential apartments) further enhance its appeal. The property is zoned MU2 and its APN is 49-10-18-185-003.000-101. This freestanding building offers a compelling combination of location, size, and potential, making it an ideal choice for discerning investors or businesses seeking a high-visibility presence in a thriving Indianapolis neighborhood.

• Alternative Use

  Use

  Valuation

  Residential

  $402,324

  Hospitality

  $368,527

  Educational

  $306,610

  Medical

  $317,155

  Retail

  $476,949

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7511

Longitude

-86.1394

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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