2901 W 16th Street Indianapolis, IN ^$ 243,500

2901 W 16th Street

^$ 243,500

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2901 W 16th Street

Indianapolis, IN, 46222

^$ 243,500

Bedrooms-- Baths-- Sq 2,940

Monthly Estimate*

^$ 1,682

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Commercial Property for sale in Indianapolis, IN

for $243,500. This 2,940 square foot building was built in 1947 on a lot size of 0.18.

Mixed use property. An opportunity to have a business and live on the property. Retail/office space with front entrance. Rehabbed interior with showroom, storage rooms, restroom. Residential 2 story space with private entrance. Building has 2 HVAC units. High traffic area just east of Speedway. Street parking for customers. Two off street parking spaces. Residential space is newly remodeled. New kitchen, bathroom, living room, bedroom. Ready to move in.

Commercial Active

Price

^$ 243,500

Property Type

Commercial

Taxes

^$ 1,542

Style

Mixed Use

Lot Size

0.18

Year Built

1947

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22049462

Features

General

Heating Forced Air Natural Gas

Cooling Central Air

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

Possession Closing

Roof Asphalt

Zoning D5

Year Built 1947

Electric 220 Volts

Stories Count 2

Township Wayne

Property Subtype Mixed Use

Tax Year 2024

Current Use Residential Vacant

County Marion

New Construction N

Property Type Commercial Sale

Facing Direction North

Possible Use Office Residential Retail

Status Active

Directions GPS Friendly

High School George Washington High School

City Indianapolis

High School District Indianapolis Public Schools

MLS Area 4909 - Marion - Wayne

Lot Size Square Feet 7800

Current Financing Conventional FHA

Additional Parcels Y/N N

Standard Status Active

Tax Lot 9019480

Legal Description Stouts Haughville Add 130.7Ft N End E 1/2E 1/2 L201

Exterior

Fencing Partial

Parking Features Attached

Building Area Total 2940

Lot Size Acres 0.18

Road Surface Type Asphalt

Road Frontage Type City Street

* Excluded Features

List By

Sullivan Realty Group, Llc

Broker

joerealtor@indy.rr.com

Affordability Calculator

$1,810

Per Month

Monthly Principal & Interest: $1,682
Monthly Property Taxes: $129
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 7.375% 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 ^$887,658

Percent of Sale Price 265%

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

George Washington High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/14/2026	$243,500	-0.61%	Price Down
7/31/2026	$245,000	-1.01%	Price Down
7/13/2026	$247,500	-0.96%	Price Down
6/2/2026	$249,900	-0.83%	Price Down
5/26/2026	$252,000	-0.79%	Price Down
5/15/2026	$254,000	-1.93%	Price Down
5/5/2026	$259,000	-3.00%	Price Down
5/3/2026	$267,000	-0.74%	Price Down
4/19/2026	$269,000	-2.15%	Price Down
3/15/2026	$274,900	-1.79%	Price Down
12/16/2025	$279,900	-4.44%	Price Down
11/28/2025	$292,900	-0.54%	Price Down
10/26/2025	$294,500	-6.06%	Price Down
10/10/2025	$313,500	-0.44%	Price Down
9/1/2025	$314,900	-1.56%	Price Down
8/11/2025	$319,900	-1.57%	Price Down
7/18/2025	$325,000		Listed Price

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2901 W 16th Street, Indianapolis, IN, 46222 is a Commercial Property for sale at $243,500 with 2,940 sqft and a lot size of 0.18. 2901 W 16th Street was built in 1947. The property's zip code is 46222 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 10/16/2026.

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2901 W 16th Street

Commercial Property for sale in Indianapolis, IN

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