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Salon Building with Upper-Level Space

12023 E Washington Street, Indianapolis, IN 46229

For Sale
$350,000

The ground floor is arranged for salon services, with additional rooms above and storage and mechanical areas in the basement.

Property Size1,936 SF
Price / SF$180.79
Days on Market71

Property Features for 12023 E Washington Street

General Information

Standard status Active
Size 1,936 SF
Total Parking Spaces 10
Property subtype Commercial
Zoning COM SMALL DET RETAIL (-10

Site & Location

Neighborhood Cumberland

Building Details

Building Size 1,936 SF
Year Built 1923
Stories 1
Listing Agency: Compass Indiana, LLC
Listed By: Douglas Martin
Source: Battsrealestategroup
Added: Sep 1 Changed: Nov 7 Last Checked: Nov 9 at 8:06PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Indiana, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1,936-square-foot commercial property was built in 1923. The ground floor is arranged for salon operations, with three double-sided styling stations that can serve up to six workstations, multiple shampoo stations, reception and waiting areas, a restroom, and additional work area. Salon furnishings and equipment are available. Upper-level rooms can serve as offices, studio space, or storage, while the basement contains storage and mechanical space.

At 12023 E Washington Street in Indianapolis, the property has approximately 10 dedicated parking spaces and prominent signage. E. Washington Street carries approximately 17,000 vehicles per day, based on 2025 INDOT AADT figures. The existing salon layout and additional spaces support a range of small-business configurations.

Key Highlights

  • 1,936 square feet; built in 1923
  • Three double‑sided styling stations can accommodate up to six workstations
  • Approximately 10 dedicated parking spaces

Property Analytics

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Current Use

Shear Experience Hair Salon

Suggested Use

Top Pick Restaurant Law Firm Building Supply HVAC Service Skin Care Clinic Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46229, IN

29,252
Population
12,046
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,589
Density / Sq Mi
$62,982
Median Household Income
$40,407
Median Earnings
$1,020
Median Rent
$170,100
Median Home Value
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - The ground floor is arranged for salon services, with additional rooms above and storage and mechanical areas in the basement.
Where is this spa & wellness property located?
The property is located at 12023 E Washington Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,936 square feet; built in 1923; Three double‑sided styling stations can accommodate up to six workstations; Approximately 10 dedicated parking spaces
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