5041 E 16th Street Indianapolis, IN
$ 469,000
Property Attributes
  • MLS#21696317
  • TypeCommercial
  • CountyMARION
  • CityIndianapolis
  • AreaCenter NE
  • Zip46201
  • StyleRetail
  • Year Built1988
  • Taxes$ 6996
  • Price$ 469,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7200
  • Lot Size0.625 Acres
Listing Provided Courtesy Of:
Keith Turnbill with RE/MAX Advanced Realty
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

This is a 7,200+/- square foot retail building that could be perfect for your retail use. The building has excellent visibility along 16th Street with close proximity to Emerson Avenue. The building could be split into smaller suites for lease, a restaurant, or many other retail or office uses. Pricing appears to be aggressive at under $50.00 per square foot.

Price History
2/21/2020 Listed $350,000

General Features

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Use Retail
Days on Market 691
Directions Just west of Emerson Avenue on the south side of 16th Street
Disclosures Not Applicable
New Construction No
Possession Negotiable
Possible Use Place of Worship, CommMulTen, Office, Restaurant
Property SubType Retail
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name 16th
Tax Year 2019
Township Center NE
Year Built 1988
Zoning C-3

Interior Features

Street Suffix Street

Exterior Features

Lot Size Acres 0.625
Road Frontage Type City Street
Road Surface Type Asphalt


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 46201

AVG $350K
AVG $3,567
AVG 89
Year Built
AVG 1946
AVG 54
Data Provided by Walkscore ® not using MLS data

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