Indianapolis, IN 46205,104 E 38th ST
Indianapolis, IN 46205,104 E 38th ST
Indianapolis, IN 46205,104 E 38th ST
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Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092
Listed by Eric Forney • Keller Williams Indy Metro S
$319,000
Est. payment /mo
2,054 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,054 sqft

Price per Sqft $155

MLS Listing ID 22057383

Year Built 1910

Tax Year 2024

Lot Size 0.300 Acres

Acres 0.3

Property Sub-Type Business

Property Description

Current leases gross $3K/month. High visibility. Prime location. Limitless potential. This 5-bedroom ranch in the heart of Indianapolis is more than a property-it's a business opportunity waiting to be unlocked. Currently operating as a daycare, the layout and location are perfectly suited for a variety of commercial uses. With five rooms, a full kitchen, dining area and a living space, this building adapts seamlessly into offices, a studio, boutique services, or continued childcare operations. Hard-surface flooring throughout makes for easy maintenance and high durability-ideal for commercial traffic. The corner lot placement ensures maximum exposure, while the parking lot provides a valuable amenity for clients and staff. The fenced front yard adds additional functionality and curb appeal. Location is everything, and this property delivers. Nestled just steps from Tarkington Park, Tea's Me Community Cafe, the Melody Inn, and neighborhood favorites, it thrives in a walkable, community-driven setting. Meanwhile, quick access to Downtown Indianapolis, the Indiana State Fairgrounds, and major traffic routes means steady customer flow and convenience for business operations. Whether you're seeking a property to launch your vision, expand your portfolio, or secure a reliable income-producing space, this one checks every box. The flexibility of residential or commercial use only amplifies its long-term value. Schedule your private showing today and see how this space can be the foundation of your next successful venture before it's gone.

Location

State IN

County Marion

Zoning D9

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N false

Building

Story 1

New Construction false

Schools

High Schools Shortridge High School

School District Indianapolis Public Schools

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MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 10

    Merle Sidener Gifted Academy

    Public | 2 - 8

  • 9

    Center for Inquiry II

    Public | KG - 8

  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 6

    Rousseau Mc Clellan 91

    Public | KG - 8

  • 6

    The Challenge Foundation Academy

    Public | KG - 5

  • 5

    Crooked Creek Elementary School

    Public | KG - 5

  • 4

    Fox Hill Elementary School

    Public | KG - 5

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 4

    Kipp Indpls College Preparatory

    Public | 5 - 8

  • 3

    William a Bell School 60 Reggio Academy

    Public | PK - 3

  • 3

    Mary E Nicholson School 70

    Public | KG - 5

  • 2

    Riverside School 44

    Public | PK - 6

  • 2

    Indiana School for the Deaf

    Public | PK - 12

  • 1

    Wendell Phillips School 63

    Public | KG - 6

  • 1

    Elder W Diggs School 42

    Public | PK - 6

  • 1

    James Whitcomb Riley School 43

    Public | KG - 8

  • 1

    Louis B Russell Jr School 48

    Public | PK - 6

  • 1

    Francis Parker Montessori School 56

    Public | PK - 8

  • 1

    IPS Butler University Laboratory School 55

    Public | PK - 8

  • 1

    Joyce Kilmer School 69

    Public | KG - 6

Middle Schools 8
  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    Crispus Attucks Med Mgnt Jr High School

    Public | 6 - 8

  • 0

    Carpe Diem - Meridian Campus

    Public | 6 - 12

  • 0

    Shortridge Law & Pub Pol Mag Jr High School

    Public | 6 - 8

  • 0

    Indiana Virtual School

    Public | 6 - 12

  • 0

    Broad Ripple Mgnt Jr High School-Prfm Arts

    Public | 6 - 8

  • 0

    Tindley Collegiate Academy

    Public | 6 - 8

  • 0

    Tindley Preparatory Academy

    Public | 6 - 8

High Schools 7
  • 10

    Herron High School

    Public | 9 - 12

  • 5

    Crispus Attucks Medical Magnet High School

    Public | 9 - 12

  • 5

    Charles a Tindley Accelerated School

    Public | 9 - 12

  • 4

    Shortridge Law & Public Plcy Mg High School

    Public | 9 - 12

  • 1

    Broad Ripple Mgnt High School for Prfm Arts

    Public | 9 - 12

  • 0

    Bishop Chatard High School

    Private | 9 - 12

  • 0

    Nexus Academy of Indianapolis

    Public | 9 - 12

School and business data provided by Attom Data.

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Jake Stiles, CLHMS

Jake Stiles, CLHMS

+1(317) 201-4092

Broker | RB14032222

Broker RB14032222

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104 E 38th ST

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