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About This Home
This 0-bedroom, 0-bathroom commercial at 104 E 38th Street in Indianapolis, IN is listed for $349,000 ($170 per sqft). Built in 1910, the home offers 2,054 sqft of living space on a 0.30 acres lot.
Current leases gross $3K/month. 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. Currently 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.
Key Features
- Built in 1910
- 0.30 acre lot
Property Details
Monthly Cost Estimate
$1,867/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
104 E 38th Street
Indianapolis, IN 46205
Features & Amenities
Exterior Features
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 104 E 38th Street is listed at $349,000 ($170/sqft). The estimated monthly payment is $1,512 based on 20% down at 6.5% interest.
Key features include: Built in 1910, 0.30 acre lot. Exterior Features: Fencing.
This property is listed by Eric Forney and can be reached at 3172715959 or sold@forneygroup.com.















