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Two-Level Specialty Property
For Sale
$250,000

5066 E Michigan Street, Indianapolis, IN 46201

Non-residential C3 zoning applies to this building, which also includes a basement.

Property Size5,236 SF
Price / SF$47.75
Days on Market102

Property Features for 5066 E Michigan Street

General Information

Standard status Active
Size 5,236 SF
Property subtype Commercial
Zoning non-residential-C3

Site & Location

Neighborhood Near Eastside

Building Details

Building Size 5,236 SF
Year Built 1925
Buildings 1
Stories 2
Listing Agency: Batts Real Estate Group
Listed By: Lisa Batts
Source: Battsrealestategroup
Added: Jul 14 Changed: Oct 22 Last Checked: Oct 22 at 2:41PM

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 Batts Real Estate Group

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Investment Insights

Based on property information with market context.

The 5,236-square-foot specialty property in Indianapolis was built in 1925. Its structure has two levels above a basement, with an upstairs bathroom that includes a stand-up shower. Prior uses included a bar and a fencing business; multi-tenant office space has also been identified as a possible use. The property is zoned non-residential C3.

Key Highlights

  • 5,236‑square‑foot building constructed in 1925
  • Two levels plus a basement; upstairs bathroom includes a stand‑up shower
  • Non‑residential C3 zoning

Property Analytics

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Current Use

Rutys Services Construction Company

Suggested Use

Top Pick Law Firm Building Supply Skin Care Clinic Parking Lot & Garage Big Box & Wholesale Store Computer & Electronic Repair

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

492
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Specialty property - Non-residential C3 zoning applies to this building, which also includes a basement.
Where is this specialty property located?
The property is located at 5066 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 5,236‑square‑foot building constructed in 1925; Two levels plus a basement; upstairs bathroom includes a stand‑up shower; Non‑residential C3 zoning
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