5501 East Washington Street

Indianapolis, IN 46219

$1,100,000
Price
—
Beds
10,824 Sq. Ft.
$102 / Sq. Ft.
10,824
Sq. Ft.
$102
per Sq. Ft.

Description

Discover this remarkable commercial property nestled in the historic Irvington district of Indianapolis. This versatile two-story building offers an impressive 10,824 square feet of space, presenting endless possibilities for business expansion or investment opportunities. The property encompasses three separate parcels and features an extensive parking area accommodating more than 30 vehicles, providing an excellent opportunity for supplemental income through parking revenue. The second floor showcases...Discover this remarkable commercial property nestled in the historic Irvington district of Indianapolis. This versatile two-story building offers an impressive 10,824 square feet of space, presenting endless possibilities for business expansion or investment opportunities. The property encompasses three separate parcels and features an extensive parking area accommodating more than 30 vehicles, providing an excellent opportunity for supplemental income through parking revenue. The second floor showcases finished suites ready to adapt to various business needs, while the main floor awaits your vision for renovation. Located in a vibrant neighborhood, this property benefits from its proximity to several convenient amenities. The Historic Irvington Lodge, a cultural landmark, sits just steps away, while Irving Circle Park offers a peaceful green space within walking distance. Essential services including Family Dollar and various retail establishments are easily accessible, enhancing the property's appeal to potential clients or tenants. The building includes functional bathroom facilities and a basement, providing additional storage. Public transportation is readily available with a bus station nearby, ensuring easy accessibility for employees and customers alike. This property's location in a historic district adds distinctive character and charm, while its generous square footage and multiple parcels offer flexibility for various commercial ventures. Whether you're considering office spaces, retail establishments, or mixed-use development, this property presents a unique opportunity to establish your business in a growing Indianapolis community.
  1. Listed by Julie Coffman • Parkside Realty LLC. • juliemcoffman@hotmail.com

Property Details for 5501 East Washington Street

Township
Warren
Zoning
COM
LISTING UPDATED: 12/14/2024 05:41 PM

Property Details for 5501 East Washington Street

StatusActive
MLS #22014538
Days on Market8
Taxes$2,510 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1913
Lot Size-
CountyMarion County

Building Information for 5501 East Washington Street

Stories2Residences-Year Built1913Lot Size-

Property Information for 5501 East Washington Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46219
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491003223043000701
  • Semi Annual Property Tax Amt: 2510.27
  • Tax Year: 2024
  • TaxLot: 35
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Vacant
  • New Construction: False
  • Stories: 2
  • Space Available: 10824
  • Sq Ft Total: 10824.0
  • Year Built Numeric: 1913
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: IRV ORIG 40 X 100 FTNW COR PT L35
  • Photos Count: 36
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Electricity Connected, Water Connected

Property History for 5501 East Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5501 East Washington Street

Taxable ValueLand$17,600Additions$166,000Total$183,600
Tax Record2023$5,021 ($418 / month)
Home Facts
Total Finished SqFt10,824 SqFtAbove Grade Finished SqFt10,824 SqFtStories2Lot Size4,000 SqFtStyleStoresYear Built1913ZoningZO01CountyMARIONAPN49-10-03-223-043.000-701

Schools near 5501 East Washington Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
George W. Julian School 57
Public - PK to 8
George Washington Community High School (9-12)
Public - 9 to 12
Arsenal Technical High School
Public - 9 to 12
Paul I. Miller School 114
Public - PK to 6
Rating
School
Distance
George W. Julian School 57
PublicPK to 8

George Washington Community High School (9-12)
Public9 to 12

Arsenal Technical High School
Public9 to 12

Paul I. Miller School 114
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Irvington

Neighborhoods

Cities

ZIPs

More information about 5501 East Washington Street, Indianapolis, IN 46219

5501 East Washington Street is a mixed use property for sale in Indianapolis, IN 46219. This property was listed for sale on December 10, 2024 by Parkside Realty LLC., it's currently listed at $1,100,000. This listing's school district is Indianapolis Public Schools. Nearby schools include George W. Julian School 57, George Washington Community High School (9-12) and Arsenal Technical High School. 5501 East Washington Street is a 0-bed, 0-bath, 10,824 sqft mixed use property built in 1913.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Parkside Realty LLC.

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.