12023 Washington

Indianapolis, IN

$350,000

12023 Washington, Indianapolis, IN 46229

Indianapolis, IN 46229

MLS# MBR22106766

Listed 1 day ago

0 Beds
0 Baths

About this home

Established commercial property in the heart of Historic Cumberland! Home to Shear Experience since 1995, this well-maintained property offers an excellent opportunity for an owner-user seeking a turnkey salon or versatile space for a variety of small business uses. The main level is currently configured as a full-service hair salon with three double-sided styling stations that can quickly accommodate up to six individual workstations, multiple shampoo stations, reception and waiting areas, restroom and additional workspace. Salon furniture and equipment are available, providing the opportunity to step into an established location with minimal build-out. Additional upper-level spaces offer flexibility for offices, studio space or storage, while the basement provides additional storage and mechanical space. Approximately 10 dedicated parking spaces, prominent signage and excellent visibility along high-traffic E. Washington Street provides convenient access and exposure for clients and employees. Approximately 17,000 vehicles per day (2025 INDOT AADT). Seller reports average booth rental rates in the area of approximately $600 per chair per month, offering additional income potential for a salon operator. Just minutes from I-70, continue its long-standing salon use or reimagine the property for another small business-an excellent owner-user opportunity in an established commercial corridor.

Property Details

Type
Commercial
Year Built
1923
Lot Size
0.13 acres
Listed
1 day ago
County
Marion
Listing Office
Compass Indiana, LLC
Listing Agent
Douglas Martin

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$1,770
Loan amount
$280,000

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Listed by Compass Indiana, LLC with Douglas Martin. Contact doug.martin@compass.com.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the Broker Listing Cooperative listing service as of September 24, 2026 at 3:16 AM EDT. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

Based on information submitted to the MLS GRID as of September 24, 2026 at 3:16 AM EDT. 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.