3464 16Th StIndianapolis, IN 46222

This freestanding retail building, located at 3464 W 16th St, Indianapolis, IN 46222, presents a compelling investment opportunity. The 3,072 square foot building sits on a 0.14-acre lot (5,992 sq ft) and is zoned C-4, offering flexibility for various retail uses. Built in 1950, the single-story structure has undergone recent updates including a 2023 roof and gutter replacement. The property features a large open retail space, a service counter, kitchenette, offices, and a rear service/receiving area with convenient parking. Its previous use as a specialty motorcycle shop highlights its adaptability. The building's excellent visibility along 16th Street, a major thoroughfare leading to downtown and the Indianapolis Motor Speedway, ensures high foot traffic and accessibility. Nearby businesses include McDonald's, Dollar Tree, and King Ribs, further enhancing its appeal. The property is currently vacant, providing immediate occupancy for a new tenant. The asking price is $659,000. This is a single-unit, Class C building with a 5,992 sq ft lot and the APN is 49-06-32-115-598.000-901. The property offers significant potential for a retail business seeking a well-located, functional space with ample parking and excellent visibility.