4502 E Michigan St - Auto Repair FOR SALE


Indianapolis, IN 46201
$295,000 USD
317-590-7757
4502 E Michigan St, Indianapolis, IN for Sale
$295,000 USD
Auto Repair - FOR SALE
1/21
null | Request Cap Rate

4502 E Michigan St
Indianapolis, IN 46201


HIGHLIGHTS

  • Prime location that offers excellent signage opportunities, enhancing visibility to both local traffic and commuters
  • Generous parking area, providing plenty of room for customers and vehicle storage in the fenced in area
  • Sits on a highly visible stretch of E Michigan Rd, property benefits from significant traffic flow, easy access to major highways I-70 and I-465
  • Property offers spacious office area, 2 bathroom, a storage room, multiple service bays, high ceilings, and ample workspace

OVERVIEW

Fantastic opportunity for your mechanic shop business or expansion into specialized areas like restoration or custom work. This has been freshly painted inside and out, and a new epoxy coat on the floor. A/C and furnace recently installed. The property features approximately 1370 sqft of functional space, including a spacious office area, 2 bathroom, a storage room, multiple service bays, high ceilings, and ample workspace. The shop is ready for you to move right in and get to work. There is a generous parking area, providing plenty of room for customers and vehicle storage in the fenced in area. Set on a highly visible stretch of East Michigan Rd, the property benefits from significant traffic flow and easy access to major thoroughfares, including Interstate 70 and Interstate 465. This central location allows for convenient customer access from all parts of Indianapolis, including downtown and surrounding neighborhoods such as Irvington, Little Flower, and Christian Park. The area is known for its bustling commercial activity and growing residential developments, ensuring a steady flow of business. In addition to its prime location, property offers excellent signage opportunities, enhancing visibility to both local traffic and commuters.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,001 SF

ZONING

D-5

APN/PARCEL ID

49-10-04-140-001.000-101

ASK ABOUT THIS PROPERTY

Glenn BilleXp Realty, LLCMore Info
317-590-7757

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Glenn BilleXp Realty, LLCMore Info
317-590-7757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.