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5066 E Michigan Street Indianapolis, IN $ 250,000
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$ 250,000 Get more info
5066 E Michigan Street
$ 250,000
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5066 E Michigan Street

Indianapolis, IN, 46201
$ 250,000
Bedrooms-- Baths-- Sq 5,236

Monthly Estimate*

$ 1,727

5066 E Michigan Street, Indianapolis, IN 46201 - Image 1
5066 E Michigan Street, Indianapolis, IN 46201 - Image 2
5066 E Michigan Street, Indianapolis, IN 46201 - Image 3
5066 E Michigan Street, Indianapolis, IN 46201 - Image 4
5066 E Michigan Street, Indianapolis, IN 46201 - Image 5
5066 E Michigan Street, Indianapolis, IN 46201 - Image 6
5066 E Michigan Street, Indianapolis, IN 46201 - Image 7
5066 E Michigan Street, Indianapolis, IN 46201 - Image 8

Commercial Property for sale in Indianapolis, IN

for $250,000. This 5,236 square foot building was built in 1925 on a lot size of 0.15.

Commercial property zoned non-residential-C3. This property has great potential for multiple uses. It was formerly a bar. More recently it was used for a fencing company. It could be used as multi-tenant office space. The building is 2 levels plus a basement. Upstairs is a bathroom with a standup shower. There are many items inside that will be removed prior to closing. If the buyer has any interest in the contents, a price can be negotiated.

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Commercial Active

Price

$ 250,000

Property Type

Commercial

Taxes

$ 3,980

Style

Mixed Use

Lot Size

0.15

Year Built

1925

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22114232
Features
General
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Negotiable
Zoning non-residential-C3
Year Built 1925
Stories Count 2
Township Center
Property Subtype Mixed Use
Tax Year 2025
Current Use Vacant
County Marion
New Construction N
Property Type Commercial Sale
Possible Use Comm Mul Ten Comm Sgl Ten Office
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 6720
Current Financing Conventional
Additional Parcels Y/N N
Standard Status Active
Tax Lot L1-B1
Legal Description Emerson Hgts Sec 1 L1 B1
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Exterior
Parking Features Alley Access
Building Area Total 5236
Lot Size Acres 0.15
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* Excluded Features
List By
Exp Realty, Llc

Broker

mark.wesler@exprealty.com

Email

Affordability Calculator

$2,058
Per Month
84%
16%
0%
Monthly Principal & Interest
$1,727
Monthly Property Taxes
$332
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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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/7/2026$250,000 -3.85% Price Down
7/15/2026$260,000 Listed Price

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5066 E Michigan Street, Indianapolis, IN, 46201 is a Commercial Property for sale at $250,000 with 5,236 sqft and a lot size of 0.15. 5066 E Michigan Street was built in 1925. The property's zip code is 46201 which is in Indianapolis, IN

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