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9995 E 42nd St
Indianapolis, IN 46235
Retail Property For Sale

Investment Highlights

  • Busy Intersection on corner lot at stoplight
  • Automated Self-Service Laundromat
  • Large Retail Space on 1 Acre Commercial Lot

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,475 SF
Building Class
C
Year Built
1983
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Zoning
ZO01 - Retail Laundromat
Parking
15 Spaces (5.15 Spaces per 1,000 SF Leased)
Frontage
164’ on E 42nd St

Amenities

  • Bus Line
  • Corner Lot
  • Security System
  • Signage
  • Storage Space
  • Air Conditioning

About 9995 E 42ND ST , INDIANAPOLIS, IN 46235

Coin-Operated Laundromat with Real Estate Commercial Building on 1 Acre of Land! Amazing opportunity to own an "Essential Laundry Business" that has been automated. This is a self-serve laundromat that has been in business for 17+ years. It is located on a busy stop-light intersection next to other retail stores and a gas station. It is also next to a bus-stop and across the street from a large apartment complex. The location is unbelievable! The commercial building is included in the sale and it features 2475 finished square feet. The parking lot is huge and it sits on a 1-acre lot. All of the laundry equipment is included in the sale. The equipment that is included with the sale features 30 Dryers, 30 Washers, 2 money changers (quarter machines), 2 vending machines, all fixtures, computer, security system with multiple alarms, security cameras, & more. It's time to own a self-sustaining business and let the machines do the work for you! There is some deferred maintenance and the roof needs to be fixed and property needs some cosmetic updating. Some of the washers & dryers need maintenance and out of service. Seller Financing is available on this purchase to qualified buyers with a large down payment.

Property Taxes

Property Taxes

Parcel Number
49-08-17-107-014.000-401
Land Assessment
$57,500
Improvements Assessment
$80,600
Total Assessment
$138,100
  • Listing ID: 19362225

  • Date on Market: 4/28/2020

  • Last Updated:

  • Address: 9995 E 42nd St, Indianapolis, IN 46235

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