$275,000
Active
153 Days Online
0 Beds0 Baths1,950 SQFT
Active

8 N Sheridan Avenue Indianapolis, IN 46219

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Wow! An Auto Body Shop Business & Irvington Staple Since 1929! Originally the Sheridan Ave Garage & 6-7 other names since. Mostly Delk's Body Shop since 1969. You are not likely to ever find an opportunity for this price at a location like this! The price has been discounted for needed updates. Building has been operating as business to date, but will need general updates to bathroom, plumbing, electrical and heating as new owner moves forward. Air Compressors & miscellaneous equipment will be included at sale price but some minor contents to be removed. Features a Large 12 Foot Overhead Door & large open work space inside for 4-5 car working capacity with room left over. 11x9 Office at front of building & a 6x6 bathroom space in the rear of the building. Had overhead natural gas heat in the past, but units would need repair or replacing. This is a solid block building with a recently painted exterior. Rubber roof & driveway in last 10-12 years. Mostly needs interior clean out & mechanical updating. Staked Survey included & a recent property line correction with deeded correction in December 2023. Note: A much smaller Auto Body Shop in the 2300 block of US 40 sold for $360, 000 in 2022 and was a just a metal panel framed building, quite inferior to 8 N. Sheridan structurally & in size, but that building was updated. A Minimum 48 hours notice to show is required & written Proof of funds to purchase are required prior to showing. AGENTS: "Do not pull or step onto premises without prior authorization", building is monitored. Sold strictly "As Is", Cash. Inspections for informational purposes only. Non refundable Earnest Money, 5% required upon acceptance. Prelim title insurance with First American Title. See attachments for other details. NOTE: While we were offering the Auto Body shop at 8 N. Sheridan Ave & the corner building at 6138 E. Washington as a pair for $350, 000, the corner building & lot have sold. Only the Auto Body Shop is for sale now.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMarion
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site153 Days
  • MLS StatusActive
  • MLS ID Number21958485
  • Home Size Source N/A
  • Year Built1928
  • Lot Size0.08 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Electric Circuit Breakers
  • Number of Stories 1
  • Acreage 0.08
  • Property Sub Type Business
  • Attached Garage No
  • Utilities Cable AvailableElectricity ConnectedSee Remarks
  • Zoning C3 Automotive
  • Direction Faces East
  • Number Of Stories 1
  • Parking AttachedConcrete

Interior Features

  • Cooling None
  • Heating Other

Exterior Features

  • Roof RubberSee Remarks
  • Road Frontage City StreetHighwaySee Remarks

Community Features

  • Township Warren
  • MLS Area 4905 - Marion - Warren

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Monthly Payment (Est.)

$1,456
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