Basics
Category Available | Type Commercial Office | Status Available | Area 3458 sq ft |
Description
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Description:
Commercial - For over 6 decades, Frost Upholstery shop has been operating in this corner commercial property. There are 2 front entrances. The left door leads to the fabric room. The right door leads to the workshop. The workshop has an open workspace concept with double doors that leads to the rear exit.
The ideal buyer would be a like-kind upholstery business. The business has existing customers and staff that would be willing to switch with the new owner. The ideal buyer could also be a business that requires an open workspace.
This property is located on the corner of Michigan and Grant.
Purchase Price for Commercial: $299,000
Residential - This 2-story residential property was used in conjunction with the Frost Upholstery business. Some flooring includes cherry hardwood, lots of natural lighting and a detached garage.
This is a perfect fix and flip opportunity located in Tuxedo Park and 3 miles from the heart of downtown Indianapolis.
The ideal buyer can buy these two properties as a package or purchase the two parcels separately.
Purchase Price for Residential: $150,000
Purchase Price for the Package: $449,000