2615 W Michigan St

Indianapolis, IN 46222

$362,500
Price
—
Beds
—
Baths
9,592 Sq. Ft.
$38 / Sq. Ft.
9,592
Sq. Ft.
$38
per Sq. Ft.

Description

Value-Add Commercial Retail Opportunity - High-Potential Property in Indianapolis. Unlock the possibilities with this strategically located commercial retail property in the heart of Indianapolis. Ideal for investors, developers, or entrepreneurs, this diamond-in-the-rough offers the perfect canvas to create a vibrant retail destination or mixed-use space. With three separate units in one spacious building, the posibilites are endless. Positioned in a high-visibility area, this property is primed...Value-Add Commercial Retail Opportunity - High-Potential Property in Indianapolis. Unlock the possibilities with this strategically located commercial retail property in the heart of Indianapolis. Ideal for investors, developers, or entrepreneurs, this diamond-in-the-rough offers the perfect canvas to create a vibrant retail destination or mixed-use space. With three separate units in one spacious building, the posibilites are endless. Positioned in a high-visibility area, this property is primed for transformation. While it needs some work, the bones are strong, and the layout lends itself to a variety of uses-retail, restaurant, service, office, or even redevelopment. With a little vision and the right updates, don't miss your chance to bring new life to a well-positioned space in one of the Midwest's fastest-growing markets.
  1. Listed by Jasmeen Kahlon • Steve Lew Real Estate Group, LLC • jasmeen@listwithlew.com
  2. Listed by Steve Lew

Property Details for 2615 West Michigan Street

Township
Wayne
Zoning
COM SMALL DET RETAIL
LISTING UPDATED: 06/11/2025 06:59 PM

Property Details for 2615 West Michigan Street

StatusActive
MLS #22043848
Days on Market260
Taxes$1,526 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1910
Lot Size0.13 AC / 5,662 SF
CountyMarion County

Location

Listing Courtesy of Steve Lew Real Estate Group, LLC
Add your commute

Building Information for 2615 West Michigan Street

Stories-Residences-Year Built1910Lot Size0.13 AC / 5,662 SF

Payment Calculator

$2,021 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,767

Property Taxes

$254

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2615 West Michigan Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Postal Code Plus4: 3726
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491104109005000901
  • Semi Annual Property Tax Amt: 1526
  • Tax Year: 2024
  • TaxLot: 4 & 5
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Retail, Vacant
  • Lot Size Square Feet: 5619.0
  • Lot Size Acres: 0.13
  • New Construction: False
  • Space Available: 9592
  • Sq Ft Total: 9592.0
  • Year Built Numeric: 1910
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Canfield Place L5 & 3' W Side L4
  • Photos Count: 12
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: See Remarks

Property History for 2615 West Michigan Street

DateEvent & SourcePriceAppreciation
Jun 9, 2025

Listed (Active)

MIBORMLS #22043848

$362,500—
DateEvent & SourcePrice
06/09/2025

Listed (Active)

MIBORMLS #22043848

$362,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2615 West Michigan Street

Taxable ValueLand$12,400Additions$98,200Total$110,600
Tax Record2024$3,057 ($255 / month)
Home Facts
Total Finished SqFt9,592 SqFtAbove Grade Finished SqFt9,592 SqFtStories2Lot Size5,619 SqFtStyleMiscellaneous CommercialYear Built1910CountyMARIONAPN49-11-04-109-005.000-901

Schools near 2615 West Michigan Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Meredith Nicholson School 96
Public - PK to 6
Lew Wallace School 107
Public - PK to 6
Carl Wilde School 79
Public - PK to 6
Jonathan Jennings School 109
Public - PK to 6
Rating
School
Distance
Meredith Nicholson School 96
PublicPK to 6

Lew Wallace School 107
PublicPK to 6

Carl Wilde School 79
PublicPK to 6

Jonathan Jennings School 109
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 2615 West Michigan Street, Indianapolis, IN 46222

2615 West Michigan Street is a mixed use property for sale in Indianapolis, IN 46222. This property was listed for sale on June 9, 2025 by Steve Lew Real Estate Group, LLC, it's currently listed at $362,500. This listing's school district is Indianapolis Public Schools. Nearby schools include Meredith Nicholson School 96, Lew Wallace School 107 and Carl Wilde School 79. 2615 West Michigan Street is a 0-bed, 0-bath, 9,592 sqft mixed use property built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steve Lew Real Estate Group, LLC

Based on information submitted to the MLS GRID as of 06/11/2025 06:59 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.