1709 E 38th Street Indianapolis, IN $ 1,250,000
1709 E 38th Street
$ 1,250,000
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1709 E 38th Street

Indianapolis, IN, 46218
$ 1,250,000
Bedrooms-- Baths-- Sq 25,214

Monthly Estimate*

$ 7,486

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Commercial Property for sale in Indianapolis, IN

for $1,250,000. This 25,214 square foot building was built in 1950 on a lot size of 2.32.

Prime opportunity on 2.32-acre property at the corner of 38th St. and Orchard Ave., just steps from the Indiana State Fairgrounds. This site features two distinct commercial buildings with endless potential. Building #1, a historic 1950 church, offers a grand 500+ seat sanctuary, expansive entrance foyer, offices, a fully equipped commercial kitchen, and a spacious lower level for additional use. Building #2 is configured as a banquet hall, ideal for community functions. The property's prime location and flexible layout make it perfect for religious organizations, event venues, or redevelopment opportunities. A rare chance to invest in a growing area with high visibility and accessibility.

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Commercial Pending

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 0

Style

Mixed Use

Lot Size

2.32

Year Built

1950

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22004809

Features
General
Utilities Electricity Connected Gas
Possession Closing
Zoning I2 SU1
Garage Spaces 2
Year Built 1950
Township Center
Levels One
Building Design Mixed Use
Tax Year 2023
Current Use Church
County Marion
New Construction N
Property Type Commercial Sale
Status Pending
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4911 - Marion - Center Nw
Lot Size Square Feet 100898
Standard Status Pending
Tax Lot 490719109049000101
Legal Description Maple Crest Add L23 Thru L33 & L58 Thru L61 & 1/2Vac Alley Adj All Lots
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Exterior
Parking Features Detached
Building Area Total 25214
Lot Size Acres 2.32
Road Surface Type Concrete
Road Frontage Type City Street
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Interior
Basement (Y/N) N
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* Excluded Features
List By
Goodenif Realty Llc

Broker

real283alex@gmail.com

Email

Affordability Calculator

$7,486
Per Month
100%
0%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 5.99% 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
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2024$1,250,000 -9.81% Price Down
10/2/2024$1,385,900 Listed Price

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1709 E 38th Street, Indianapolis, IN, 46218 is a Commercial Property for sale at $1,250,000 with 25,214 sqft and a lot size of 2.32. 1709 E 38th Street was built in 1950. The property's zip code is 46218 which is in Indianapolis, IN