Two-Building Retail
New
For Sale
Contact for pricing
3047 West 16th Street, Indianapolis, IN 46222
Recent roof work and a 2025 HVAC replacement update the property's building systems.
Property SizeContact for details
Lot Size0.62 Acres
Days on Market6
Property Features for 3047 West 16th Street
General Information
Standard status
Active
Lot size
0.62 Acres
Property subtype
Retail
Additional Details
Asking Price
$349,000
Building Details
Year Renovated
2024
Buildings
2
Listing Agency:
CBRE | Indianapolis
Listed By:
Jeff Merritt · License #RB14033827
(317) 269-1040
Source:
Cbre
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 5:58AM
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 CBRE | Indianapolis
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Investment Insights
Based on property information with market context.
This retail property includes two buildings of 2,880 SF and 1,360 SF across five parcels totaling 0.62 acres. Both buildings received new roofs in 2024, and the 2,880 SF building had HVAC replaced in 2025. Four of the five parcels are zoned C-5.
The property is located at West 16th Street in Indianapolis, at a signalized intersection.
The property is located at West 16th Street in Indianapolis, at a signalized intersection.
Key Highlights
- Two buildings measuring 2,880 SF and 1,360 SF
- Five parcels totaling 0.62 acres
- Four of the five parcels are zoned C‑5
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46222, IN
37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
Median Home Value
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Market
Vacancy Rate% for Retail in Indianapolis, IN
Similar Off Market Nearby
- J Mays House of Flowers — 954 n traub ave, indianapolis, in 46222
Frequently Asked Questions
What type of property is this?
Storefront property - Recent roof work and a 2025 HVAC replacement update the property's building systems.
Where is this storefront property located?
The property is located at 3047 West 16th Street Indianapolis, IN.
What are key features of this property?
This property features: Two buildings measuring 2,880 SF and 1,360 SF; Five parcels totaling 0.62 acres; Four of the five parcels are zoned C‑5
