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5066 E Michigan Street

Indianapolis, IN 46201

ActiveListed Jul 14, 2026 · 101 days on market

Key facts

Living area
5,236 sqft
Lot
0.15 acres
Year built
1925
Type
Commercial Sale · Mixed Use
MLS #
22114232
County
Marion
Total building area
5,236 sqft

About this home

Commercial property zoned non-residential-C3. This property has great potential for multiple uses. It was formerly a bar. More recently it was used for a fencing company. It could be used as multi-tenant office space. The building is 2 levels plus a basement. Upstairs is a bathroom with a standup shower. There are many items inside that will be removed prior to closing. If the buyer has any interest in the contents, a price can be negotiated.

Description provided by the listing brokerage.

Exterior

Parking and garage
Alley Access

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
non-residential-C3

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$3,980 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,598per month, estimated
Principal and interest $1,185Property tax $332Insurance $82
20% · $47,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$235,000
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