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Listed by Chantz Morris • Nicodi Management
$ 225,000
Est. payment /mo
Active
2340 Shelby ST Indianapolis, IN 46203
3,370 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,370 sqft
Price per Sqft $66
MLS Listing ID 22053499
Year Built 1927
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Mixed Use
Property Description
Endless potential awaits with this MU-2 zoned property, ideally located just off Shelby Street. This high-visibility site benefits from strong drive-by traffic and is just minutes from Fountain Square and steps from Garfield Park. Included in the sale are two parcels, one a paved lot, and the other an improved building offering a total of 3,370 square feet. The property offers flexibility for a variety of uses: it could be reconfigured into three smaller residential units, used as a commercial office, or serve as a live/work space for a cafe owner, attorney, or small real estate brokerage looking to build equity while operating on-site. The basement also provides potential for a laundry room or additional storage. With its versatile zoning, strong location, and solid structure, this property presents a unique opportunity for redevelopment or creative business use in one of Indianapolis's most active corridors.
Location
State IN
County Marion
Zoning MU-2
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Building
New Construction false
Schools
School District Indianapolis Public Schools
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