3136 16th
Indianapolis, IN
$400,000
3136 16th, Indianapolis, IN 46222
Indianapolis, IN 46222
MLS# MBR22121989
Listed 1 day ago
About this home
3136 W. 16th Street is a high-visibility commercial property positioned along a well-traveled corridor on Indianapolis' west side. Offered at $400,000, the property includes a 3,670-square-foot building situated on approximately 0.70 acres. The site features more than 200 feet of frontage along W. 16th Street, visibility to approximately 28,751 vehicles per day, and three points of ingress and egress for convenient access. Located approximately one mile from the Indianapolis Motor Speedway-home of the Indianapolis 500-the property benefits from its proximity to one of Indiana's most recognizable destinations. It is also convenient to Lafayette Road, I-65, downtown Indianapolis, IU Indianapolis, Purdue Indianapolis, 16 Tech, and several major area employers and institutions. The surrounding trade area offers strong population density, with more than 104,000 residents and approximately 42,000 households within three miles. Nearby businesses and destinations include the Town of Speedway, Allison Transmission, Indianapolis Motor Speedway, Brickyard Crossing Golf Course, Dollar General, Subway, McDonald's, Popeyes, and other established commercial users. The property's C-5 zoning accommodates a broad range of commercial uses, including auto sales, restaurants, commercial and building contractors, medical uses, light and heavy retail, and more. With strong traffic exposure, substantial frontage, multiple access points, and broad commercial zoning, 3136 W. 16th Street presents a compelling opportunity for an owner-user, investor, or redevelopment concept.
Property Details
- Type
- Commercial
- Year Built
- 1950
- Lot Size
- 0.7 acres
- Listed
- 1 day ago
- County
- Marion
- Listing Office
- Kingdom Realty
- Listing Agent
- Benjamin Sullivan
Mortgage Calculator
Estimate principal and interest for this listing.
$80,000
Estimated monthly payment
$2,023/mo
- Principal & interest
- $2,023
- Loan amount
- $320,000
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Kingdom Realty with Benjamin Sullivan. Contact Ben@KingdomRealtyHomes.com.




