Log In/Sign Up
1354 S Shelby St
Indianapolis, IN 46203
Fountain Square Mixed-Use · Retail Property For Sale
Investment Highlights
- Five fully renovated residential apartments paired with two ground-floor retail spaces provide diversified income streams.
- Fountain Square’s continued revitalization attracts residents, retailers, and visitors, supporting long-term rental and appreciation potential.
- Both the apartments and retail spaces have been fully updated, reducing near-term capital expenditure needs.
- Value-Add Potential – Opportunity to further increase revenue through market rent adjustments and creative leasing strategies.
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,000 SF
Building Class
C
Year Built
1957
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
8’
Building FAR
0.79
Lot Size
0.29 AC
Zoning
MU2
Parking
10 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
87’ on S Shelby St
Property Taxes
| Parcel Number | 49-11-13-150-046.000-101 | Improvements Assessment | $197,500 |
| Land Assessment | $244,400 | Total Assessment | $441,900 |
Property Taxes
Parcel Number
49-11-13-150-046.000-101
Land Assessment
$244,400
Improvements Assessment
$197,500
Total Assessment
$441,900
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
