6320 W 38th ST new

Indianapolis,IN 46254

$ 850000

- Bed

- Bath

3941 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 3,941 sqft

Price per Sqft $215

MLS Listing ID 22066502

Year Built 1968

Tax Year 2024

Lot Size 0.790 Acres

Acres 0.79

Property Sub-Type Business

Property Description

Previously a Dairy Queen, this property now holds a 5 year lease to an amazing restaurant business! The property is located in a high traffic area and features a large parking lot, easy access to 465, and favorable franchise fees. Lease terms are currently: 5 years. $4,500/mo for years 1 and 2 and $6,000/mo for years 3-5. There is a billboard on the property that is rented for $1,000/mo. Don't miss this amazing investment opportunity!!

Location

State IN

County Marion

Zoning Z001

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

Building

New Construction false

Schools

High Schools Pike High School

School District Msd Pike Township

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