3902 W 86th Street Indianapolis, IN ^$ 550,000

3902 W 86th Street

^$ 550,000

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3902 W 86th Street

Indianapolis, IN, 46268

^$ 550,000

Studio Baths0.0 Sq 3,312

Monthly Estimate*

^$ 3,842

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Studio

Commercial Property for sale in Indianapolis, IN

for $550,000. This 3,312 square foot building was built in 1950 on a lot size of 1.21.

Great Luxury Salon with all the amenities to run your new business and in a great location on busy 86th St near Michigan Road with 200' of frontage and 18 parking spots for your clients. This property sits on 1.2 acres and has a lower level that has been recently updated with plumbing and an exhaust pipe for nail painting stations. A new roof was completed fall of 2023. Come explore your next business opportunity.

Commercial Active

Price

^$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,246

Style

Retail

Lot Size

1.21

Year Built

1950

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21946294

Features

General

Cooling Central Electric

Utilities Electricity Connected Gas Sewer Connected Water Connected

Possession Closing

Zoning D-2 / Retail

Year Built 1950

Township Pike

Levels One

Property SubType Retail

Tax Year 2023

Current Use Retail

Building Name BOULDER GATE TERRACE

County Marion

New Construction N

Property Type Commercial Sale

Subdivision Name Boulder Gate Terrace

Status Active

Directions From Michigan Road go west on 86th Street to property on right.

City Indianapolis

Buyer Agent Compensation 2.5

High School District Indianapolis Public Schools

MLS Area 4902 - Marion - Pike

Lot Size Square Feet 52677

Street Name 86th

Days on Market 150

Standard Status Active

Tax Lot 8 & 9

Buyer Agent Compensation Type %

Legal Description Boulder Gate Terrrace Pt L8 & Pt L9 Beg 52.39' N Of Sw Cor L8 P.O.B. N247.61' E200' S273.5' W44.35' Nw157.45' To Beg

Interior

Basement (Y/N) Y

Street Suffix Street

Exterior

Building Area Total 3312

Lot Size Acres 1.21

* Excluded Features

List By

United Real Estate Indpls

Broker

LorenSellsHomes@gmail.com

Affordability Calculator

$4,446

Per Month

Monthly Principal & Interest: $3,842
Monthly Property Taxes: $604
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$768,446

Percent of Sale Price 40%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044905 Elementary School

4044909 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2023	$550,000		Listed Price

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3902 W 86th Street, Indianapolis, IN, 46268 is a Commercial Property for sale at $550,000 with 3,312 sqft and a lot size of 1.21. 3902 W 86th Street is a studio with 0.0 baths and was built in 1950. The property's zip code is 46268 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/29/2024.

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3902 W 86th Street

Commercial Property for sale in Indianapolis, IN

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