1640 Prospect Street Indianapolis, IN $ 650,000
1640 Prospect Street
$ 650,000
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1640 Prospect Street

Indianapolis, IN, 46203
$ 650,000
Bedrooms-- Baths-- Sq 4,379

Monthly Estimate*

$ 4,489

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Commercial Property for sale in Indianapolis, IN

for $650,000. This building is 4,379 square feet.

The last Premier Lots in Fountain Square Proper are available for your vision to showcase what could be the best investment of your life! 6 LOTS in total at just shy .8 acres, zoned C-4 with 1 lot containing a 2 bed 1.5 bath residence. This is a diamond in the rough waiting to shine. Property has not been functioning as a bar since 2010 and no longer possesses the 210 liquor license. This is a unique property protected under the National and local Historic associations, desiring specific talent to bring it back to what it once was or could be. Lots consist of Historic Sam's Saloon with 2 bedrooms and 1 bath upstairs above the original bar area, a 44x180 metal barn, a 2 bed residence and 3 vacant lots to allow plenty of parking that will be required with a functioning business. Take a look and let your imagination wander!

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 1,402

Style

Retail

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22082722

Features
General
Heating Forced Air Wood Stove
Cooling Central Air
Utilities Sep Electric Meter Sep Gas Meter Sewer Connected Water Connected See Remarks
Possession Negotiable
Zoning C-4
Stories Count 2
Township Center
Property Subtype Retail
Tax Year 2024
Current Use Vacant
Additional Parcels Description Fletchers Woodlawn Add L323 FLETCHER WOODLAWN 108FT S END L326 L323 L322 L324 L325 44FT S OF N END L325& 44FT S N END L326 36FT N
County Marion
New Construction N
Property Type Commercial Sale
Facing Direction South
Possible Use Restaurant
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Additional Parcels Y/N Y
Standard Status Active
Tax Lot L326
Legal Description Fletcher Woodlawn 108Ft S End L326
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Exterior
Building Area Total 4379
Lot Size Acres 0
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* Excluded Features
List By
F.C. Tucker Company

Broker

steve.bailey@talktotucker.com

Email

Affordability Calculator

$4,606
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,489
Monthly Property Taxes
$117
Monthly 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$650,000 -7.01% Price Down
2/4/2026$699,000 Listed Price

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1640 Prospect Street, Indianapolis, IN, 46203 is a Commercial Property for sale at $650,000 with 4,379 sqft. The property's zip code is 46203 which is in Indianapolis, IN