Commercial Sale in Indianapolis

$229,900

506 Lawrence, 46227, Indianapolis, IN

Commercial Sale for sale in Indianapolis, 506 Lawrence, 46227

506 Lawrence, 46227, Indianapolis, IN

$229,900

Type: Commercial Sale

Description

Looking for a High Visibility Property with multiple ways to create value? This Spacious Bedford Stone Ranch offers a flexible layout, full basement, finished 2-car attached garage, and potential for residential, investment, or commercial use-all in a convenient Indianapolis location. The main level features 3 bedrooms, 1.5 baths, newer luxury vinyl plank flooring, vinyl windows, an updated bathroom, and a spacious layout that feels significantly larger than 2, 000 square feet. The full basement is where the possibilities really open up. Two separate rooms with closets offer potential for offices, guest rooms, hobby spaces, or possible additional bedrooms. For investors, the flexible floor plan could lend itself to several strategies. Explore the potential for an Airbnb/short-term rental, long-term rental, or a house-hacking opportunity where an owner occupies one portion while utilizing other areas for additional income. The layout may also allow the upper/main living area to be separated into additional living quarters(creating a duplex) with a separate entrance from the garage, . The property also offers potential Commercial Space for business, office, retail, medical etc. Major improvements include a high-efficiency furnace and air conditioner replaced within the past 3-4 years, PEX water lines, and 200-amp electrical service. The attached 2-car garage is finished, providing valuable parking, storage, or workspace. And don't overlook the covered front porch-a great spot for morning coffee before taking advantage of the home's convenient location near shopping, schools, parks, major highways, downtown Indianapolis, and Greenwood. One property. Multiple possibilities. Whether you're looking for a rental, Airbnb opportunity, house hack, commercial/residential flexibility, or a property you can reconfigure and add value to

Location

506 Lawrence, 46227, Indianapolis, IN

Data

Object TypeCommercial Sale
Purchase Price$229,900
Living Space0 m²
Plot Size1064.3 m²
BathroomsN/A
Construction Year1954
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air, Natural Gas, High Efficiency (90%+ AFUE )
Primary Energy SourceN/A
Construction Year1954
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent