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$295,000 -

2340 Shelby Street Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.11
Acres

Endless potential awaits with this MU-2 zoned property, ideally located just off Shelby Street. This high-visibility site benefits from strong drive-by traffic and is just minutes from Fountain Square and steps from Garfield Park. Included in the sale are two parcels, one a paved lot, and the other an improved building offering a total of 3,370 square feet. The property offers flexibility for a variety of uses: it could be reconfigured into three smaller residential units, used as a commercial office, or serve as a live/work space for a cafe owner, attorney, or small real estate brokerage looking to build equity while operating on-site. The basement also provides potential for a laundry room or additional storage. With its versatile zoning, strong location, and solid structure, this property presents a unique opportunity for redevelopment or creative business use in one of Indianapolis's most active corridors.

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Property Details

Price: $295,000 Previously: $295,000 Originally: $295,000 Bathrooms: 0.00 MLS #: 22053499 Year Built: 1927 Township: Center Sq. Ft Total: 3,370 Type: Commercial Sale Zip Code: 46203 City: Indianapolis Subdivision: Empty County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:

Exterior Features

Exterior Features:
  • # Acres: 0.11

Listing Office: Nicodi Management

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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. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on September 13th, 2025 at 5:55am EDT.

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