4022 Shelby St Indianapolis, IN 46227
- Retail space
- 1,854 SF
- 0.25 lot acres
Current Use by Public Records
- Open Kitchen Restuarant / American Restaurant / Fine Dining Restaurant
Property Details for 4022 Shelby St
- Year built
- 1960
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.25 lot acres
- Property size
- 1,854 SF
- Zone code
- ZO01
- Property type
- Retail space
- APN
- 49-11-36-101-001.053-501
- APU
- 491136101001053501
Description
This turnkey restaurant opportunity in Indianapolis, Indiana, presents a unique investment prospect. Located at 4022 Shelby St, this freestanding building boasts 2,000 square feet of net rentable space, situated across from the University of Indianapolis on the Southside. Built in 1960 and extensively renovated in 2018, the property includes all fixtures, furniture, and equipment (FF&E), along with a valuable liquor license. The single-story building sits on a 0.25-acre lot (APN: 49-11-36-101-001.053-501) and is zoned ZO01. Benefitting from the proximity to the University of Indianapolis, with its 5,600 students (including 1,400 graduate students) across 100+ undergraduate, 40+ master's, and five doctoral programs, this location offers significant potential for continued success. The diverse student body represents 40+ U.S. states and 55+ countries. This is a rare chance to acquire an established, fully equipped restaurant with a strong existing customer base and significant growth potential. The property is ready for immediate operation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1397
- Latitude
- 39.7076
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
