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2,054 sqft

$259,000

104 E 38th Street, Indianapolis IN, 46205

Price per sqft$126.10
Built in1910
Property size2,054 sqft
Property typeCommercial
Courtesy of Keller Williams Indy Metro Partners, Eric Forney Listing Contact:

Overview

Active

Listed Aug 21, 2025

Updated 24h ago

High visibility. Prime location. Limitless potential. This 5-bedroom ranch in the heart of Indianapolis is more than a property-it's a business opportunity waiting to be unlocked. Previously operating as a daycare, the layout and location are perfectly suited for a variety of commercial uses. With five rooms, a full kitchen, dining area and a living space, this building adapts seamlessly into offices, a studio, boutique services, or continued childcare operations. Hard-surface flooring throughout makes for easy maintenance and high durability-ideal for commercial traffic. The corner lot placement ensures maximum exposure, while the parking lot provides a valuable amenity for clients and staff. The fenced front yard adds additional functionality and curb appeal. Location is everything, and this property delivers. Nestled just steps from Tarkington Park, Tea's Me Community Cafe, the Melody Inn, and neighborhood favorites, it thrives in a walkable, community-driven setting. Meanwhile, quick access to Downtown Indianapolis, the Indiana State Fairgrounds, and major traffic routes means steady customer flow and convenience for business operations. Whether you're seeking a property to launch your vision, expand your portfolio, or secure a reliable income-producing space, this one checks every box. The flexibility of residential or commercial use only amplifies its long-term value. Schedule your private showing today and see how this space can be the foundation of your next successful venture before it's gone.

Additional information

MLS® ID
22057383

Interior Features

Basement
No

Exterior Features

Lot Size
0.3 Acres

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Based on information submitted to the MLS GRID as of 4:25 AM UTC on 10/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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