240 E 22nd Street Indianapolis, IN ^$ 300,000

240 E 22nd Street

^$ 300,000

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240 E 22nd Street

Indianapolis, IN, 46202

^$ 300,000

Bedrooms-- Baths-- Sq 1,080

Monthly Estimate*

^$ 1,797

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Commercial Property for sale in Indianapolis, IN

for $300,000. This 1,080 square foot building was built in 1970 on a lot size of 0.27.

Excellent opportunity to own prime real estate off of 22nd and Alabama located in the near north side of Indianapolis! This building is the site of a former Churches Chicken and with a little work it could be restored. Currently, the property is zoned D8 and approved for restaurant usage; however, the options are endless!

Commercial Pending

Price

^$ 300,000

Property Type

Commercial

Taxes

^$ 6,386

Style

Business

Lot Size

0.27

Year Built

1970

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22013507

Features

General

Utilities See Remarks

Possession Closing

Zoning D8

Year Built 1970

Township Center

Property Subtype Business

Tax Year 2023

Current Use Restaurant

County Marion

New Construction N

Property Type Commercial Sale

Facing Direction South

Status Pending

Directions GPS Friendly

City Indianapolis

High School District Indianapolis Public Schools

MLS Area 4912 - Marion - Center Ne

Lot Size Square Feet 11614

Standard Status Pending

Tax Lot L1 & L2

Legal Description Martindales Lincoln Park Add 1st Sec L1 & L2 B4

Exterior

Parking Features Alley Access Asphalt

Building Area Total 1080

Lot Size Acres 0.27

* Excluded Features

List By

F.C. Tucker Company

Broker

cody.studebaker@talktotucker.com

Affordability Calculator

$2,329

Per Month

Monthly Principal & Interest: $1,797
Monthly Property Taxes: $532
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 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

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$869,972

Percent of Sale Price 190%

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
12/5/2024	$300,000		Listed Price

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240 E 22nd Street, Indianapolis, IN, 46202 is a Commercial Property for sale at $300,000 with 1,080 sqft and a lot size of 0.27. 240 E 22nd Street was built in 1970. The property's zip code is 46202 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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 1/23/2025.

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240 E 22nd Street

Commercial Property for sale in Indianapolis, IN

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