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Office Unit with Salon Plumbing
For Sale
$98,900

3554 W 16th Street, Indianapolis, IN 46222

Configured with reception space, multiple offices, a kitchenette, and basement storage.

Property Size1,200 SF
Price / SF$82.42
Days on Market308

Property Features for 3554 W 16th Street

General Information

Standard status Active
Size 1,200 SF
Property subtype Office
Zoning C4

Amenities

Central Air
3

Building Details

Year Built 1925
Listing Agency: M2 Realty and Auctions LLC
Listed By: Marilyn Wells
Source: Xome
Added: Oct 28, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:49AM

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 M2 Realty and Auctions LLC

Investment Insights

Based on property information with market context.

This 1,200-square-foot office property includes a reception area, an adjoining office, two additional offices in the rear, and a kitchenette. Plumbing is in place for five shampoo bowls and salon stations, while a separate office has pre-installed shower plumbing. A public half-bathroom and central air add to the existing configuration, and the basement provides storage space.

The property is located on West 16th Street in Indianapolis, within walking distance of the Indianapolis Motor Speedway. The backyard was previously used for customer parking and remains part of the property. Built in 1925, the building offers a layout that can accommodate office or salon-oriented operations based on its existing features.

Key Highlights

  • 1,200 SF office property built in 1925
  • Plumbing available for five shampoo bowls and salon stations
  • Reception area, kitchenette, and three office spaces

Property Analytics

Current Use

Images Styling Salon Hair Salon

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Plumbing Service (Bike/Boat/Book/etc) 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

339
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

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Configured with reception space, multiple offices, a kitchenette, and basement storage.
Where is this office units located?
The property is located at 3554 W 16th Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $98,900.
What are key features of this property?
This property features: 1,200 SF office property built in 1925; Plumbing available for five shampoo bowls and salon stations; Reception area, kitchenette, and three office spaces
More about this property
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