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3423 W Michigan St
Indianapolis, IN 46222
Retail Property For Sale

Investment Highlights

  • Zoned C-3 with broad commercial use flexibility
  • Located outside floodplain with high traffic exposure (AADT: 11,156)
  • Rezoning may be possible based on future use
  • ±6,022 SF across two buildings on ±0.26 acres
  • Ideal for redevelopment or renovation projects

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
6,022 SF
Building Class
C
Year Built
1910
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.24 AC
Zoning
C-3 Zoning - C-3 zoning allows for a wide range of commercial uses. Rezoning possible based on future project plans.
Frontage
105’ on W Michigan St

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 49-11-05-125-049.000-901
  • 49-11-05-125-050.000-901
Land Assessment
$12,800
Improvements Assessment
$107,200
Total Assessment
$120,000
  • Listing ID: 36549161

  • Date on Market: 7/1/2025

  • Last Updated:

  • Address: 3423 W Michigan St, Indianapolis, IN 46222

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