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8 N Sheridan Avenue

Indianapolis, IN 46219
  • $275,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 21958485
Price Reduced
UPDATED: 52 min ago
$275,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1928
County:

School Ratings & Info

School District:

Description

Wow! Auto Body Business & Irvington Staple Since 1929! Originally the Sheridan Ave Garage & 6-7 others since. Mostly Delk's Body Shop since 1969. Offering Auto Body shop at 8 N. Sheridan Ave & the corner building at 6138 E. Washington as a pair for $350,000! If you only want the Auto Body Shop, it will be $275,000. Not likely to ever find an opportunity for this price at a location like this! We have discounted the price for needed updates. Building has been operating but will need general updates to bath, plumbing, electric, heating. Air Compressors & miscellaneous equipment included at sale price but some minor contents to be removed. Large 12 Foot Overhead Door & large open work space inside for 4-5 car working capacity & room left over. 11x9 Office at front of building & a small 6x6 bathroom space in back. Has had gas overhead heat in the past, but units would need repair or replacing. This is a solid block building, recently painted exterior, rubber roof & drive in last 10-12 years. Mostly needs interior clean out & mechanical updating. Staked Survey included and a recent property line correction with deeded correction in December 2023. Lot next door (on corner) gets $1,750+ in rent per year if you buy and it increases each year. Note: A Body Shop in the 2300 block of US 40 sold for $360,000 and was a metal panel framed building, inferior to ours structurally, but it was updated. The overhead sign company has a 10 day option to purchase on the 6138 E. Washington St. building & lot, but the Body Shop can be sold without any restrictions. Minimum 48 hours notice to show. Proof of funds 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 or after 10 day contingency if needed. Prelim title insurance with First American Title. See attachments for other details.

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© 2024 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2024-02-26T07:25:03.123. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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8 N Sheridan Avenue Indianapolis, IN 46219

  • Price: $275,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 52 min ago
  • MLS #: 21958485
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1928
Built
Neighborhood:
4905 - Marion - Warren
County:
Marion
Area:
4905 - Marion - Warren
School District:
Indianapolis Public Schools
Property Description
Wow! Auto Body Business & Irvington Staple Since 1929! Originally the Sheridan Ave Garage & 6-7 others since. Mostly Delk's Body Shop since 1969. Offering Auto Body shop at 8 N. Sheridan Ave & the corner building at 6138 E. Washington as a pair for $350,000! If you only want the Auto Body Shop, it will be $275,000. Not likely to ever find an opportunity for this price at a location like this! We have discounted the price for needed updates. Building has been operating but will need general updates to bath, plumbing, electric, heating. Air Compressors & miscellaneous equipment included at sale price but some minor contents to be removed. Large 12 Foot Overhead Door & large open work space inside for 4-5 car working capacity & room left over. 11x9 Office at front of building & a small 6x6 bathroom space in back. Has had gas overhead heat in the past, but units would need repair or replacing. This is a solid block building, recently painted exterior, rubber roof & drive in last 10-12 years. Mostly needs interior clean out & mechanical updating. Staked Survey included and a recent property line correction with deeded correction in December 2023. Lot next door (on corner) gets $1,750+ in rent per year if you buy and it increases each year. Note: A Body Shop in the 2300 block of US 40 sold for $360,000 and was a metal panel framed building, inferior to ours structurally, but it was updated. The overhead sign company has a 10 day option to purchase on the 6138 E. Washington St. building & lot, but the Body Shop can be sold without any restrictions. Minimum 48 hours notice to show. Proof of funds 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 or after 10 day contingency if needed. Prelim title insurance with First American Title. See attachments for other details.
Exterior Features

Levels One Parking Features AttachedConcrete Road Access Frontage RoadSee Remarks Road Frontage Type City StreetHighwaySee Remarks Road Surface Type Asphalt Roof RubberSee Remarks

Interior Features

Basement YN No Building Area Total 1950 Ceiling Height 14 Cooling None Heating Other

Property Features

Acres <1/4 Acre Current Financing Cash OnlySeeRemarks Current Use AutomotiveCommSglTenSee Remarks Electric Circuit Breakers Green Certification YN No Multi Tenants No New Construction YN No Possession Closing Possible Use AutoMiscSee Remarks Property Attached YN No Property Sub Type Business Retail Type Free Stand Semi Annual Property Tax Amt 624 Space Available 1950 Special Listing Conditions As IsCosmetics NeededDefects/See RemarksSales Disclosure On FileOther Tax Year 2022 Township Warren Transaction Type Sale Utilities Cable AvailableElectricity ConnectedGas NearbySep Electric MeterSep Gas MeterSee Remarks Zoning C3 Automotive

Listing provided courtesy of Berkshire Hathaway Home: barrydelk@aol.com. © 2024 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2024 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or The Indy Property Source | Keller Williams Realty.

Based on information submitted to the MLS GRID as of 2024-02-26T07:25:03.123. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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