91 N Raceway Road Indianapolis, IN $ 600,000
91 N Raceway Road
$ 600,000
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91 N Raceway Road

Indianapolis, IN, 46234
$ 600,000
Baths0.0 Sq 1,960

Monthly Estimate*

$ 4,191

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Studio

Commercial Property for sale in Indianapolis, IN

for $600,000. This 1,960 square foot building was built in 1955 on a lot size of 1.

REZONE TO COMMERCIAL: Prime Investment Opportunity! This 1-acre property, ideally situated in a bustling commercial zone, offers immense potential for rezoning to accommodate diverse commercial ventures. With a sturdy house primed for renovation and customization, this property is a perfect canvas for your vision. Surrounded by an array of thriving businesses including PNC Bank, Little Caesars, AT&T store, Outback Steakhouse, McCallister's, Jagger's, Five Guy's, Walgreen's, Meijer Supermarket, Chic-fil-A, Subway, Panera Bread, Fresh Thyme, and L.A. Fitness, this high-traffic area. Over 15,000 cars pass by per day!! It's ideal for various ventures such as medical and dental offices, vibrant retail stores, or enticing restaurants. Seize this rare opportunity to transform this property into a thriving commercial hub, benefiting from the dynamic commercial landscape and the strong local community.

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Commercial Active

Price

$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,772

Style

Retail

Lot Size

1

Year Built

1955

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21952085

Features
General
Heating Dual Gas
Cooling Central Electric
Utilities Cable Available Electricity Connected Gas Septic System
Possession Closing
Zoning DA-Rural or Estate Neighb
Garage Spaces 2
Year Built 1955
Electric 100 Amp Service 200+ Amp Service
Township Wayne
Levels One
Property SubType Retail
Tax Year 2022
Current Use Residential
Building Name NO SUBDIVISION
County Marion
New Construction N
Property Type Commercial Sale
Subdivision Name No Subdivision
Facing Direction West
Possible Use Medical Office Restaurant Retail
Status Active
Directions GPS Friendly
High School Ben Davis High School
City Indianapolis
Buyer Agent Compensation 3
High School District MSD Wayne Township
MLS Area 4909 - Marion - Wayne
Lot Size Square Feet 43560
Street Name Raceway
Additional Parcels Y/N N
Days on Market 104
Standard Status Active
Tax Lot 491204136013000900
Buyer Agent Compensation Type %
Legal Description Beg At Pnt On Wl Of Sw1-4 Sec 550Ft N Of Sw Cor Of1-4 Sec N 110Ft E 396Ft S 110Ft W396ft To Pnt Of Beg S4 T15 R2 1Ac
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Exterior
Parking Features Attached Concrete
Building Area Total 1960
Lot Size Acres 1
Road Frontage Type City Street
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Interior
Basement (Y/N) N
Street Suffix Road
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* Excluded Features
List By
Carpenter, Realtors®

Broker

RussellRealtyGroup@callcarpenter.com

Email

Affordability Calculator

$4,422
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,191
Monthly Property Taxes
$231
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4045008 Elementary School
4045003 Middle School
Ben Davis High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2023$600,000 Listed Price

Map


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91 N Raceway Road, Indianapolis, IN, 46234 is a Commercial Property for sale at $600,000 with 1,960 sqft and a lot size of 1. 91 N Raceway Road is a studio with 0.0 baths and was built in 1955. The property's zip code is 46234 which is in Indianapolis, IN