437 W 26th Street W
Indianapolis, IN, 46208 $ 275,000
Bedrooms-- Baths-- Sq 2,350 Monthly Estimate*
$ 1,899
for $275,000. This 2,350 square foot building was built on a lot size of 0.14.
Great opportunity to acquire a 3-unit retail/commercial building offering approximately 2,350 square feet on a 6,120 square foot lot in the Near Northwest Riverside area of Indianapolis. Conveniently located just minutes from Downtown Indianapolis, this property offers excellent potential for an investor looking for a value-add commercial opportunity. The property features three separate retail spaces, providing flexibility for multiple tenants, owner-user possibilities, or a combination of uses. The building does need some repairs and improvements, creating an opportunity for a new owner to renovate, reposition the property, and potentially increase rental income and overall value. The location provides convenient access to Downtown Indianapolis, major thoroughfares, surrounding neighborhoods, businesses, and area amenities. With the right improvements and leasing strategy, this property has the potential to provide multiple income streams, attractive cash-flow potential, and long-term investment upside. Property Highlights: - 3 retail/commercial units - Approximately 2,350 SF building - Approximately 6,120 SF lot - Near Northwest Riverside location - Just minutes from Downtown Indianapolis - Value-add opportunity - Repairs needed - Multiple potential income streams - Potential to increase rents and property value Bring your vision and investment strategy. This could be an excellent opportunity for an investor, owner-user, or someone looking to add a value-add commercial property to their portfolio. Property is being sold as-is. Buyer to verify zoning, permitted uses, measurements, condition, utilities, financials, and all information important to the buyer.
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FeaturesGeneralUtilities Electricity Connected Natural Gas Available Natural Gas Connected Sep Electric Meter Sep Gas Meter Sewer Connected Water Connected
Possession Closing
Zoning ZO01
Stories Count 1
Township Center
Property Subtype Retail
Tax Year 2025
Current Use Retail Vacant
County Marion
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
High School Shortridge High School
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 6120
Elementary School George Washington Carver School 87
Current Financing Conventional FHA FHA 203(k) VA
Middle/Junior High School H L Harshman Middle School
Standard Status Active
Tax Lot 6120
Legal Description Mansur Park L152 5' E Side L153
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ExteriorParking Features Alley Access On Street
Building Area Total 2350
Lot Size Acres 0.14
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded FeaturesList ByKrb Real Estate ProfessionalsBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,899
- Monthly Property Taxes
- $293
- 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.
Learn more about how to save NearbyCommerical listings in Indianapolis, IN
Average List Price $887,658
Percent of Sale Price 223%
About Indianapolis, IN 843,184 Population
8% Since 2002
$ 43,160 Median Income
35.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
5225176 Elementary School
4047606 Middle School
Shortridge High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $275,000 | | Listed Price |