Additional Details

Property Details

Lot Dimensions:

12978

Road Surface:

Asphalt

Zoning:

D9

Total Sq. Ft.:

2, 054

Directions:

On The NE Corner Of N Pennsylvania St. And 38th.

Schools

High School:

Shortridge High School

Tax and Financial Info

Semi-Annual Property Tax:

$2, 043

Tax Year:

2024

Other Disclosures:

As Is

Quick View

Address:

104 E 38th Street Indianapolis IN 46205

Status:

Active

On Site:

315 Days On Site

Price:

$389, 000

Sq. Feet:

2, 054

Year Built:

1910

Lot Size:

0.3

County:

Marion

Township:

Washington

MLS #:

22057383

Property Type:

Business

Community Information

Area:

4903 Marion Washington

City:

Indianapolis

Zip Code:

46205

Description

High visibility. Prime location. Limitless potential. This 5-bedroom ranch in the heart of Indianapolis is more than a property-it's a business opportunity waiting to be unlocked. Previously operating as a daycare, the layout and location are perfectly suited for a variety of commercial uses. With five rooms, a full kitchen, dining area and a living space, this building adapts seamlessly into offices, a studio, boutique services, or continued childcare operations. Hard-surface flooring throughout makes for easy maintenance and high durability-ideal for commercial traffic. The corner lot placement ensures maximum exposure, while the parking lot provides a valuable amenity for clients and staff. The fenced front yard adds additional functionality and curb appeal. Location is everything, and this property delivers. Nestled just steps from Tarkington Park, Tea's Me Community Cafe, the Melody Inn, and neighborhood favorites, it thrives in a walkable, community-driven setting. Meanwhile, quick access to Downtown Indianapolis, the Indiana State Fairgrounds, and major traffic routes means steady customer flow and convenience for business operations. Whether you're seeking a property to launch your vision, expand your portfolio, or secure a reliable income-producing space, this one checks every box. The flexibility of residential or commercial use only amplifies its long-term value. Schedule your private showing today and see how this space can be the foundation of your next successful venture before it's gone.

Source: MIBOR as distributed by MLS GRID, MLS ID: 22057383

Listing provided courtesy of Eric Forney 317-271-5959 with Keller Williams Indy Metro S

Last Updated: 5/26/2026 | 8:31 PM

Home Details

Status: Active

Price: $389,000

Address: 104 E 38th Street, Indianapolis, IN 46205

Bedrooms:

Bathrooms: 0

Square Feet: 2,054

315 days on Site

• Property Type: Commercial sale
• Built in 1910
• 315 days on Site
• 0.3 Lot Size