868 N Raceway Road Indianapolis, IN $ 1,975,000
868 N Raceway Road
$ 1,975,000
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868 N Raceway Road

Indianapolis, IN, 46234
$ 1,975,000
Baths0.0 Sq 5,159

Monthly Estimate*

$ 13,126

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View a Virtual Tour
Studio Commercial Property for sale in Indianapolis, IN for $1,975,000. This 5,159 square foot building was built in 1993 on a lot size of 9.04.

Over 9 acres of commercial opportunity on high traffic road! Main home features beautiful sunroom/flex-room, 22' ceilings in great room, inground pool w/heater, finished basement w/kitchenette and egress windows, 3 beds, 4 baths, 3 car garage, Bose speakers installed throughout and everything needed to entertain inside or out. Rental home features 3 beds and 1.5 baths. Currently rented month to month @ $1350. 40x40 pole barn with 200 amp service. Keep the homes and build your business for additional income or utilize the entire acreage for your business to come to life. Crop rights apply until next season. Seller will not divide. Please do not walk the property without scheduling a showing with a Realtor.

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Commercial Active

Price

$ 1,975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,062

Style

Business

Lot Size

9.04

Year Built

1993

Town/City

Indianapolis

County/Region

HENDRICKS

MLS | Web ID

21950945

Features
General
Heating Forced Air
Cooling Central Electric
Utilities Cable Available Electricity Connected Gas Sewer Connected Water Connected
Possession Negotiable
Zoning RA w/Comm. opportunity
Garage Spaces 3
Year Built 1993
Township Washington
Levels One
Property SubType Business
Tax Year 2023
Current Use Agriculture
Building Name NO SUBDIVISION
Additional Parcels Description Pt Ne Ne 5-15-2E 0.77AC Pt Ne 5-15-2E 2.27AC
County Hendricks
New Construction N
Property Type Commercial Sale
Subdivision Name No Subdivision
Possible Use CommMulTen Medical Office Restaurant Retail
Status Active
Directions Located on the west side of Raceway Rd between Rockville and 10th st.
City Indianapolis
Buyer Agent Compensation 2
High School District Avon Community School Corp
MLS Area 3204 - Hendricks - Washington
Lot Size Square Feet 393782
Street Name Raceway
Additional Parcels Y/N Y
Virtual Tour https://view.paradym.com/idx/4835399 https://tours.callcarpenter.com/v/868-N-Raceway-Rd-Indianapolis-IN-46234/4835399
Days on Market 215
Standard Status Active
Tax Lot NA
Buyer Agent Compensation Type %
Legal Description Pt Ne Ne 5-15-2E 6.00Ac
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Exterior
Parking Features Attached
Building Area Total 5159
Lot Size Acres 9.04
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Interior
Basement (Y/N) Y
Street Suffix Road
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* Excluded Features
List By
Carpenter, Realtors®

Broker

mpayne@callcarpenter.com

Email

Affordability Calculator

$13,965
Per Month
94%
6%
0%
Monthly Principal & Interest
$13,126
Monthly Property Taxes
$839
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4045023 Elementary School
4045028 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$1,975,000 -1.25% Price Down
10/31/2023$2,000,000 Listed Price

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868 N Raceway Road, Indianapolis, IN, 46234 is a Commercial Property for sale at $1,975,000 with 5,159 sqft and a lot size of 9.04. 868 N Raceway Road is a studio with 0.0 baths and was built in 1993. The property's zip code is 46234 which is in Indianapolis, IN