8 N Sheridan AVE Active Save Request In-Person Tour Request Virtual Tour
Indianapolis,IN 46219
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,950 sqft
Price per Sqft $138
MLS Listing ID 21958485
Year Built 1928
Tax Year 2023
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Just Reduced! 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 will likely never 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 & 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: As of 9/27/24, Seller may consider a contract sale with 50% down or so and a Short Term Mortgage. The corner lot has sold, so only the Auto Body Shop is for sale now.
Location
State IN
County Marion
Zoning C3 Automotive
Interior
Heating Other
Cooling None
Fireplace N
Exterior
Utilities Available Cable Available,Electricity Connected,Gas Nearby,Sep Electric Meter,Sep Gas Meter,See Remarks
Roof Type Rubber,See Remarks
Building
Story 1
New Construction false
Schools
School District Indianapolis Public Schools