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    Office Building with Basement Title is generated by Realmo AI

    5397 E 38th Street, Indianapolis, IN 46218

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    Claim this Listing
    For Sale
    $299,900

    COMMERCIAL - Indianapolis, IN

    Lot size:
    0.23 Acres
    Added:
    Nov 12, 2025
    Days on Market:
    215
    Last Refresh:
    Jun 15 at 5:06 am

    Property Features for 5397 E 38th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-1
    Parking features
    On Street, Garage
    Standard status
    Active
    APN
    490722110022000701
    Lot size
    0.23 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    Harrison Heights Add Pt L32 Beg Se Cor L32 N182.91 W54 S182.96 E54 To Beg 0.227 Ac.

    Building Details

    Floors in Building
    1

    We can help!

    Listing Contact
    Ronald Cheeks

    Listing agent Ronald Cheeks License #RB14028299

    Listing office Ron Cheeks Real Estate Group E. 38th St 5397, Indianapolis, IN

    Listing date Nov 12, 2025

    MLS# 22073143

    Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Currently used as a real estate office with potential for other uses
    • Freshly painted interior
    • Basement included
    • Parking: on‑street parking plus a 2‑car garage
    • Located on a bus line across from the library

    Overview

    This office building is currently used as a real estate office and has been freshly painted. The property includes a basement and an attached 2-car garage, providing additional flexible space for storage or supporting office operations. Zoning is listed as C-1.

    The building is located on a bus line and sits across from a library, supporting straightforward public access and visibility to foot traffic. The offering is for sale.

    For tenants or buyers seeking a small office property that can support everyday business functions, the existing office configuration and condition can help reduce near-term turnover work. The basement and 2-car garage add practical, back-of-house space that can be useful for records, equipment, or overflow needs, depending on the operation. With the property’s C-1 zoning, it may also be suitable for other commercial uses to the extent permitted by local requirements. Interested parties should confirm allowable uses and any requirements directly with the appropriate local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ron Cheeks Real ... Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.077025
    Latitude
    39.82514

    FAQs

    What type of property is this?
    Office units - Freshly painted office with basement and 2-car garage, positioned for accessible transit service on a bus line.
    Where is this office units located?
    The property is located at 5397 E 38th Street Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $299,900.
    What are key features of this property?
    This property features: Currently used as a real estate office with potential for other uses; Freshly painted interior; Basement included
    More about this property
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