3902 W 86th Street, Indianapolis, IN 46268

$515,000
3,312
SqFt
Sold Price
$515,000
List Price
$550,000
Closing Date
Oct 01, 2024
MLS#
21946294
Property Type
Commercial Sale
Sqft. of Residence
3,312
Year Built
1950
Days on Market
316
Status
SOLD

Property Description

Luxury Beauty Salon with all the equipment and amenities to run your new business in a great location on busy 86th St near Michigan Rd. This property is currently being used as a Beauty Salon. It is zoned Residential with a variance to be used as a Beauty Salon. You can convert it back to residential or continue to use it as a Beauty Salon. Or better yet, with a few modifications you could do both. Live there and operate your own Beauty Salon. You will not find very many properties zoned this way. Located on busy 86th St near Michigan Road with 200' of frontage and 18 parking spots for your clients and sits on 1.2 acres. It has a lower level that has been updated with plumbing and exhaust pipe for nail painting stations. Potential monthly income of $9,200.00 with current work stations. More work stations could be added on the lower level. New roof fall of 2023. Come see your next home/business opportunity.

Additional Information

Stories
One
Acres
1.21
Cooling
Central Electric
Region
Pike

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Calculator source: Real Geeks

Listing courtesy of United Real Estate Indpls. Selling Office: United Real Estate Indpls.

Information Deemed Reliable But Not Guaranteed. © 2024 Metropolitan Indianapolis Board of REALTORS®