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Commercial Land with Existing Building
New
For Sale
$400,000

3136 W 16th St, Indianapolis, IN 46222

C-5-zoned commercial land with an existing building, substantial street frontage, and three access points.

Property Size3,670 SF
Price / SF$108.99
Days on Market3

Property Features for 3136 W 16th St

General Information

Standard status Active
Size 3,670 SF

Building Details

Year Built 1950
Listing Agency: Kingdom Realty
Listed By: Benjamin Sullivan
Source: Megandusing
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 30 at 12:51AM

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 Kingdom Realty

Investment Insights

Based on property information with market context.

This C-5-zoned commercial land includes a 3,670-square-foot building constructed in 1950 on approximately 0.70 acres. The site offers more than 200 feet of frontage along W. 16th Street, three points of ingress and egress, and exposure to approximately 28,751 vehicles per day. Supported use categories identified for the zoning include auto sales, restaurants, contractor operations, medical uses, and light and heavy retail.

Located at 3136 W 16th Street in Indianapolis, the property is approximately one mile from the Indianapolis Motor Speedway and is convenient to Lafayette Road, I-65, downtown Indianapolis, IU Indianapolis, Purdue Indianapolis, and 16 Tech. More than 104,000 residents and approximately 42,000 households are located within three miles, with nearby commercial users and institutions including Allison Transmission, Brickyard Crossing Golf Course, Dollar General, Subway, McDonald's, and Popeyes.

Key Highlights

  • Approximately 0.70 acres with a 3,670‑square‑foot building
  • More than 200 feet of frontage on W. 16th Street
  • Approximately 28,751 vehicles per day

Property Analytics

Current Use

Shelby Upholstering & Interiors Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Cafe & Coffee Shop Furniture & Home Goods

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

414
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - C-5-zoned commercial land with an existing building, substantial street frontage, and three access points.
Where is this commercial land located?
The property is located at 3136 W 16th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Approximately 0.70 acres with a 3,670‑square‑foot building; More than 200 feet of frontage on W. 16th Street; Approximately 28,751 vehicles per day
More about this property
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