5250 West 16th Street Indianapolis, IN
$ 599,000
Property Attributes
  • MLS#21322403
  • TypeCommercial
  • CountyMARION
  • CityIndianapolis
  • Area4909-Marion - Wayne
  • NeighborhoodNo Subdivision
  • Zip46224
  • StyleCommMulTen
  • Year Built1948
  • Taxes7296
  • Price$ 599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5000
  • Lot Size0.62 Acres
Listing Provided Courtesy Of:
Melissa Sheets with F.C. Tucker Company
Property Description

Attention Investors! Prime corner in Speedway available-NE corner of 16th St. & Lynhurst. Road frontage on both 16th St. & Lynhurst. Good traffic at Race time and all year round. Perfect location for anyone wanting to be part of the ever expanding Speedway improvements. Be part of the excitement and expansion. Listing includes three building, parking lot and storage. Owner is selling as a package only. 2 buildings currently leased-pet groomer and pizza place. Current lease is place. There are three total parcels and address are 5250 W. 16th St, 5250 W. 16th St. and 1609 Lynhurst.

Price History
2/4/2020 Listed $599,000

General Features

Area 4909 - Marion - Wayne
Available for Showing 1
BAC Amount BACAmount%
Contingency Act with no Contingency
Cumulative Days on Market 2097
Disclosure Other None
Disclosures Not Applicable
Listing Type Exclusive Right to Sell
Possession TenantRights
Present Use CommMulTen
Property Sub Type Retail
Property Type Commercial
Retail Type FreeStand
Status Active
Tax Year 2017
Township Wayne
Year Built 1948
Zoning C3

Exterior Features

Building Size 5000
Parking Surface Ashphalt
Road Access CityStreet


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 46224

AVG $360K
AVG $5,293
AVG 20
Year Built
AVG 1956
AVG 56
Data Provided by Walkscore ® not using MLS data

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