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Two-Story Flex Building
New
For Sale
$100,000

3871 Farnsworth St, Indianapolis, IN 46241

Corner commercial property with a new roof and a second-floor office or residential configuration.

Property Size2,304 SF
Price / SF$43.40
Days on Market4

Property Features for 3871 Farnsworth St

General Information

Standard status Active
Size 2,304 SF
Property subtype Commercial
Listing Agency: Brookshire Realty
Listed By: Streamlined Realty
Source: Streamlinedrealty
Added: Sep 2 Changed: Sep 4 Last Checked: Sep 4 at 5:21AM

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 Brookshire Realty

Investment Insights

Based on property information with market context.

This two-level flex property contains 2,304 SF, with 1,152 SF on each floor. The upper level is arranged for office or residential use, while the first floor has been gutted, allowing the next owner to complete the space according to its intended function. Potential configurations identified for the lower level include office, retail, sales, and storage uses.

The building occupies a 2,520 SF corner lot at the southeast intersection of Farnsworth St and Mars Hill St in Indianapolis. Improvements include a brand-new roof and decking. The property address is 3871 Farnsworth St, Indianapolis, IN 46241.

Key Highlights

  • 2,304 SF building with 1,152 SF on each floor
  • 2,520 SF prominent corner lot at Farnsworth St and Mars Hill St
  • Second floor configured for residential or office use

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Parking Lot & Garage

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

251
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Corner commercial property with a new roof and a second-floor office or residential configuration.
Where is this flex space located?
The property is located at 3871 Farnsworth St Indianapolis, IN.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 2,304 SF building with 1,152 SF on each floor; 2,520 SF prominent corner lot at Farnsworth St and Mars Hill St; Second floor configured for residential or office use
More about this property
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