Indianapolis, IN 46203,2340 Shelby ST
Indianapolis, IN 46203,2340 Shelby ST
Indianapolis, IN 46203,2340 Shelby ST
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Listed by Chantz Morris • Nicodi Management
$225,000
Est. payment /mo
3,370 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,370 sqft

Price per Sqft $66

MLS Listing ID 22053499

Year Built 1927

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type Mixed Use

Property Description

Endless potential awaits with this MU-2 zoned property, ideally located just off Shelby Street. This high-visibility site benefits from strong drive-by traffic and is just minutes from Fountain Square and steps from Garfield Park. Included in the sale are two parcels, one a paved lot, and the other an improved building offering a total of 3,370 square feet. The property offers flexibility for a variety of uses: it could be reconfigured into three smaller residential units, used as a commercial office, or serve as a live/work space for a cafe owner, attorney, or small real estate brokerage looking to build equity while operating on-site. The basement also provides potential for a laundry room or additional storage. With its versatile zoning, strong location, and solid structure, this property presents a unique opportunity for redevelopment or creative business use in one of Indianapolis's most active corridors.

Location

State IN

County Marion

Zoning MU-2

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected

Building

New Construction false

Schools

School District Indianapolis Public Schools


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MIBOR MLS

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 5

    Christel House Academy South

    Public | KG - 12

  • 4

    Frederick Douglass School 19

    Public | PK - 8

  • 3

    William Mckinley School 39

    Public | PK - 6

  • 3

    Raymond F Brandes School 65

    Public | PK - 6

  • 2

    James a Garfield School 31

    Public | KG - 8

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 1

    Se Neighborhood School of Excellence

    Public | KG - 7

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Eleanor Skillen School 34

    Public | KG - 6

  • 0

    Key Learning Community Elementary School

    Public | KG - 5

  • 0

    St Roch Catholic School

    Private | PK - 8

  • 0

    Montessori Garden Academy

    Private | PK - 3

  • 0

    Central Catholic

    Private | PK - 8

  • 0

    Emmaus Lutheran School

    Private | PK - 4

  • 0

    Holy Cross Central School

    Private | PK - 8

  • 0

    Central Christian Academy

    Private | PK - 12

  • 0

    Trinity Christian School

    Private | PK - 12

  • 0

    Calvary Christian School

    Private | PK - 12

  • 0

    St Philip Neri School

    Private | PK - 8

Middle Schools 5
  • 4

    Beech Grove Middle School

    Public | 7 - 8

  • 0

    Key Learning Community Jr High School

    Public | 6 - 8

  • 0

    University Heights Preparatory Acd

    Public | 7 - 12

  • 0

    Longfellow Magnet Middle School

    Public | 7 - 8

  • 0

    Emma Donnan Middle School

    Public | 7 - 8

High Schools 5
  • 4

    Key Learning Community High School

    Public | 9 - 12

  • 1

    Arsenal Technical High School

    Public | 9 - 12

  • 0

    Emmerich Manual High School

    Public | 9 - 12

  • 0

    Christel House Dors South

    Public | 9 - 12

  • 0

    Roncalli High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092

Broker | RB14032222

Broker RB14032222

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Phone*

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2340 Shelby ST