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5066 E Michigan St
Indianapolis, IN 46201
Retail Property For Sale


Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,236 SF
Building Class
C
Year Built
1925
Price
$366,145 CAD
Price Per SF
$69.93 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.78
Lot Size
0.15 AC
Zoning
C-3
Parking
15 Spaces (5.73 Spaces per 1,000 SF Leased)
Frontage
127’ on E Michigan St
Amenities
- Signalized Intersection
Property Taxes
| Parcel Number | 49-10-04-133-049.000-101 | Improvements Assessment | $176,532 CAD |
| Land Assessment | $20,868 CAD | Total Assessment | $197,400 CAD |
Property Taxes
Parcel Number
49-10-04-133-049.000-101
Land Assessment
$20,868 CAD
Improvements Assessment
$176,532 CAD
Total Assessment
$197,400 CAD
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