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    4022 E Michigan St Indianapolis, IN 46201

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    For Sale
    $175,000

    Commercial property with open workspace, ideal for upholstery business.

    Property size:
    3,458 SF
    Lot size:
    0.12 Acres

    Property Features for 4022 E Michigan St

    General Information

    Size
    3,458 SF
    Lot size
    0.12 Acres

    Source: F.C. Tucker Company Agent Annie Scott

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Corner Commercial Property with Workshop

    This corner commercial property has operated as Frost Upholstery shop for over six decades. It features two front entrances: one leading to a fabric room and the other to a workshop. The workshop has an open workspace concept with double doors providing access to the rear exit. The property is situated on the corner of Michigan and Grant. The property size is 3,458 square feet. The property may be suitable for an upholstery business, potentially benefiting from existing customers and staff. It could also suit a business requiring an open workspace.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.0976633
    Latitude
    39.774907

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    FAQs

    What type of property is this?
    Retail space - Commercial property with open workspace, ideal for upholstery business.
    Where is this retail space located?
    The property is located at 4022 E Michigan St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Corner commercial property location at Michigan and Grant.; - Two front entrances (fabric room and workshop).; - Open workspace concept in the workshop.
    (317) 902-8622
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    4022 E Michigan St Indianapolis, IN 46201
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    Indianapolis, IN 46201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4022 E Michigan St Indianapolis, IN 46201
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