Retail Storefront with Rear
3018 West 16th Street Indianapolis, IN 46222
3018 West 16th Street, Indianapolis, IN, 46222
$129,900
For Sale
$129,900
Storefront property includes in-place fixtures and inventory, a full main-floor bath, and rear parking for up to 12 vehicles.
Property Size2,080 SF
Price / SF$62.45
Days on Market177
Property Features for 3018 West 16th Street
General Information
- Standard status
- Active
- Size
- 2,080 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1930
Listing agency
Garnet Group
(765) 609-7316
Listed by
Jen Mattos · License #RB14046447
(765) 609-7316
Source
Compass
Added: Jan 27 Updated: Jul 22 at 6:03PM Checked: Jul 22 at 6:03PM
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 Garnet Group
Investment Insights
Based on property information with market context.
This well-established storefront property operates as a cell phone and pager business and is offered with the sale including all business equipment and inventory. Interior included items feature four display cases, glass counters, phone merchandise, multiple desks and chairs, storage cabinets, shelving, and interior floor mats. All exterior signage is included, and the existing fixtures and equipment will convey or be removed at closing. The layout includes a full bathroom on the main floor and a half bathroom in the basement.
The property is described as being in a high-visibility location near Speedway, with strong street presence. It also includes rear parking for up to 12 vehicles.
A long-term tenant is in place in the basement, generating immediate income at $850/month, with potential for future rent growth. The roof was replaced in 2023, and the property is zoned C-5.
The property is described as being in a high-visibility location near Speedway, with strong street presence. It also includes rear parking for up to 12 vehicles.
A long-term tenant is in place in the basement, generating immediate income at $850/month, with potential for future rent growth. The roof was replaced in 2023, and the property is zoned C-5.
Key Highlights
- Well‑established cell phone and pager business with 30 years of operation; sale includes business equipment and inventory.
- New shingle roof installed in 2023.
- Includes four display cases, glass counters, and all phone merchandise; also conveys multiple desks, chairs, storage cabinets, shelving, and floor mats.
Property Analytics
Location Intelligence
Current Use by Public Records
Page Express
Mobile Phone Store
Similar For Sale Nearby
Similar Off Market Nearby
- J Mays House of Flowers — 954 n traub ave, indianapolis, in 46222
FAQs
What type of property is this?
Storefront property - Storefront property includes in-place fixtures and inventory, a full main-floor bath, and rear parking for up to 12 vehicles.
Where is this storefront property located?
The property is located at 3018 West 16th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Well‑established cell phone and pager business with 30 years of operation; sale includes business equipment and inventory.; New shingle roof installed in 2023.; Includes four display cases, glass counters, and all phone merchandise; also conveys multiple desks, chairs, storage cabinets, shelving, and floor mats.
