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Office Building with Basement Garage

5397 E 38th Street Indianapolis, IN 46218

5397 E 38th Street, Indianapolis, IN, 46218
$299,900
For Sale
$299,900

COMMERCIAL - Indianapolis, IN

Lot Size0.23 Acres
Days on Market253

Property Features for 5397 E 38th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Parking features
On Street, Garage
Standard status
Active
APN
490722110022000701
Lot size
0.23 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
Harrison Heights Add Pt L32 Beg Se Cor L32 N182.91 W54 S182.96 E54 To Beg 0.227 Ac.

Building Details

Floors in Building
1
Listing agency Ron Cheeks Real Estate Group
Listed by Ronald Cheeks · License #RB14028299
Added: Nov 12, 2025 Updated: Jun 16 at 10:09AM Checked: Jul 23 at 12:06AM
MLS# 22073143

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This office building is currently used as a real estate office and has been freshly painted. The property includes a basement and an attached two-car garage, offering additional enclosed space for storage or support needs.

Located on a bus line and across from a library, the building is positioned for convenient public access. The property is zoned C-1.

While it is being used as an office today, the structure offers other possibilities consistent with its commercial zoning and existing office layout.

Key Highlights

  • Currently used as a real estate office with potential for other uses
  • Freshly painted interior
  • Basement included

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ron Cheeks Real ... Real Estate Agency

Suggested Use

Real Estate Agency Law Firm Dental Office Gym & Fitness Center Parking Lot & Garage Spa & Massage Center Pharmacy Electrical Service Accounting Firm Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Office building currently used as a real estate office, freshly painted, with a basement and a two-car garage.
Where is this office building located?
The property is located at 5397 E 38th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Currently used as a real estate office with potential for other uses; Freshly painted interior; Basement included
Contact an agent
More about this property
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