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$2,750,000 -

822 N Illinois Street Indianapolis IN 46204

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.36
Acres

SUBJECT IS COMPRISED OF THREE CONTIGUOUS PARCELS SITUATED ON THE NEAR NORTH SIDE OF INDIANAPOLIS JUST NORTH OF DOWNTOWN AREA WITH MAILING ADDRESSES OF 822 N ILLINOIS STREET AND 815 & 817 MUSKINGUM STREET. THE SUBJECT CONSISTS OF A TRACT OF LAND CONTAINING APPROXIMATLEY 0.36 +/- ACRES AND IS IMPROVED WITH TWO STRUCTURES THAT ARE CURRENTLY FUNCTIONING AS DOWTOWN OLLY'S AND BACKYARD AT OLLY''S. PER PUBLIC RECORD, THE BUILDINGS CONSIST OF A RESTAURANT AND BAR ALONG ILLINOIS STREET AND AN EVENT VENUE WITH A COVERED PATIO AREA ALONG MUSKINGUN STREET CONTAINING 4,600 +/- SQUARE FEET OF GROSS BUILDING AREA. SITE IMPROVEMENTS INCLUDE ASPHALT DRIVES AND PARKING, CONCRETE CURBING AND SIDEWALKS, CONCRETE BOLLARDS, WOOD PRIVACY AND WROUGHT IRON FENCING WITH MANUAL GATES, AND METAL GURADRAILS. THE SUBJECT IS ZONED CBD-2, CENTRAL BUSINESS DISTRICT TWO (PRIMARY) RC REGIONAL CENTER SECONDARY ZONING DISTRICT. ON THE BUSINESS SIDE- DOWNTOWN OLLY'S IS A VERY PROFITABLE, ESTABLISHED AND REPITABLE SAFE HAVEN WHERE EVERYONE IS WELCOME REGARDELSS OF GENDER, SEXUALITY, RACE OR BACKGROUND! FINDING A COMFORTABLE AND ACCEPTING SPACE CAN BE DIFFICULT AND DOWTOWN OLLY'S WANT TO BE THAT SPECIAL PLACE FOR ALL. WHETHER ONE VISITS TO MAKE NEW FRIENDS, LET LOOSE AND HAVE A GOOD TIME OR SIMPLY TO TAKE A BREAK AWAY FROM HOME- PEOPLE VENTURE IN TO ENJOY A DIVERSE AND LOVING COMMUNITY.

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Property Details

Price: $2,750,000 Previously: $2,750,000 Originally: $2,750,000 Bathrooms: 0.00 MLS #: 22021337 Year Built: 1956 Township: Center Sq. Ft Total: 4,660 Type: Commercial Sale Zip Code: 46204 City: Indianapolis Subdivision: Empty County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Electric, Dual, Roof Turbine(s)
  • Heating: Forced Air, Gas

Exterior Features

Exterior Features:
  • # Acres: 0.36

Listing Office: Century 21 Scheetz

Office Contact: mharris@c21scheetz.com

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. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 2nd, 2025 at 11:46pm EDT.

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