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$259,900 -

8 N Sheridan Avenue Indianapolis IN 46219

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.08
Acres

Just Reduced! Wow! An Auto Body Shop Business & Irvington Staple Since 1929! Originally the Sheridan Ave Garage & 6-7 other names since. Mostly Delk's Body Shop since 1969. You will likely never find an opportunity for this price at a location like this! The price has been discounted for needed updates. Building has been operating as business to date, but will need general updates to bathroom, plumbing, electrical & heating as new owner moves forward. Air Compressors & miscellaneous equipment will be included at sale price but some minor contents to be removed. Features a Large 12 Foot Overhead Door & large open work space inside for 4-5 car working capacity with room left over. 11x9 Office at front of building & a 6x6 bathroom space in the rear of the building. Had overhead natural gas heat in the past, but units would need repair or replacing. This is a solid block building with a recently painted exterior. Rubber roof & driveway in last 10-12 years. Mostly needs interior clean out & mechanical updating. Staked Survey included & a recent property line correction with deeded correction in December 2023. Note: A much smaller Auto Body Shop in the 2300 block of US 40 sold for $360,000 in 2022 and was a just a metal panel framed building, quite inferior to 8 N. Sheridan structurally & in size, but that building was updated. A Minimum 48 hours notice to show is required & written Proof of funds to purchase are 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. Prelim title insurance with First American Title. See attachments for other details. NOTE: As of 12/10/24, Seller may consider a contract sale with 50% down or so and a Short Term Mortgage. The corner lot has sold, so only the Auto Body Shop is for sale now.

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Property Details

Price: $259,900 Previously: $259,900 Originally: $350,000 Bathrooms: 0.00 MLS #: 21958485 Year Built: 1928 Township: Warren Sq. Ft Total: 1,950 Type: Commercial Sale Zip Code: 46219 City: Indianapolis Subdivision: Empty County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: None
  • Heating: Other

Exterior Features

Exterior Features:
  • # Acres: 0.08

Listing Office: Berkshire Hathaway Home

Office Contact: barrydelk@aol.com

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2024 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on December 26th, 2024 at 9:31am EST.

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