3018 W 16th St

—
Baths
2,080 Sq. Ft.
$62 / Sq. Ft.
2,080
Sq. Ft.
$62
per Sq. Ft.

Description

Well-established cell phone and pager business with 30 years of operation. The sale includes all business equipment and inventory featuring four display cases, glass counters, and all phone merchandise. Multiple desks and chairs, storage cabinets, shelving, and interior floor mats. All exterior signage is included. This versatile commercial property in a high-visibility location near Speedway with flexible-use potential. Space can be adapted for a variety of business uses. All existing fixtures and...Well-established cell phone and pager business with 30 years of operation. The sale includes all business equipment and inventory featuring four display cases, glass counters, and all phone merchandise. Multiple desks and chairs, storage cabinets, shelving, and interior floor mats. All exterior signage is included. This versatile commercial property in a high-visibility location near Speedway with flexible-use potential. Space can be adapted for a variety of business uses. All existing fixtures and equipment will convey or be removed at closing. Full bathroom on the main floor and a half bathroom in the basement. Basement generates immediate income with a long-term tenant in place at $850/month, with potential for future rent growth. New Roof in 2023. Rear parking for up to 12 vehicles and strong street presence. Ideal for investors or owner-users seeking space in a well-located area. This property is zoned C-5.
  1. Listed by Jen Mattos • Garnet Group
  2. Listed by Nizar Louly • Garnet Group

Property Details for 3018 West 16th Street

Township
Wayne
Waterfront
No
Zoning
C-5
LISTING UPDATED: 02/17/2026 05:37 PM

Property Details for 3018 West 16th Street

StatusActive
MLS #22082161
Days on Market23
Taxes$1,377 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1930
Lot Size0.16 AC / 6,969 SF
CountyMarion County

Location

Listing Courtesy of Garnet Group
Add your commute

Building Information for 3018 West 16th Street

Stories1Residences-Year Built1930Lot Size0.16 AC / 6,969 SF

Payment Calculator

$863 per month

30 year fixed, 6.15% Interest

Principal and Interest

$633

Property Taxes

$230

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3018 West 16th Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46222
  • Postal Code Plus4: 2779
  • Road Access: Frontage Road,See Remarks
  • Road Frontage Type: City Street, FrontageRd
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 490633109105000901
  • Semi Annual Property Tax Amt: 1377
  • Tax Year: 2024
  • TaxLot: 9
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Office, Retail
  • Lot Size Square Feet: 6750.0
  • Lot Size Acres: 0.16
  • New Construction: False
  • Stories: 1
  • Possible Use: Office, Retail, See Remarks
  • Retail Type: Free Stand
  • Signage: Store Front
  • Space Available: 2080
  • Sq Ft Total: 2080.0
  • Year Built Numeric: 1930
  • Maximum Contiguous Square Feet: 2080
  • Minimum Contiguous Sqare Feet: 1040
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: West Haven L 9
  • Photos Count: 25
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Utilities
  • Electric: 200+ Amp Service
  • Rail: None
  • Utilities: Electricity Connected, Natural Gas Connected
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
Interior Features
  • Cooling: Central Air
  • Heating: Forced Air
Rental
Rental Information
  • Anchors CoTenants: See Remarks

Property History for 3018 West 16th Street

DateEvent & SourcePriceAppreciation
Feb 17, 2026

Price Change

MIBORMLS #22082161

$129,900—
Jan 31, 2026

Listed (Active)

MIBORMLS #22082161

$135,000—
DateEvent & SourcePrice
02/17/2026

Price Change

MIBORMLS #22082161

$129,900
01/31/2026

Listed (Active)

MIBORMLS #22082161

$135,000

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

Public Records for 3018 West 16th Street

Taxable ValueLand$33,400Additions$66,200Total$99,600
Tax Record2024$2,753 ($229 / month)
Home Facts
Beds0Total Finished SqFt1,040 SqFtAbove Grade Finished SqFt1,040 SqFtStories1Lot Size6,750 SqFtStyleSingle Family ResidenceYear Built1930ZoningZO01CountyMARIONAPN49-06-33-109-105.000-901

Schools near 3018 West 16th Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 6
Rating
School
Distance
Carl Wilde School 79
PublicPK to 6

Meredith Nicholson School 96
PublicPK to 6

Lew Wallace School 107
PublicPK to 6

Clarence Farrington School 61
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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3018 West 16th Street is a mixed use property for sale in Indianapolis, IN 46222. This property was listed for sale on January 31, 2026 by Garnet Group, it's currently listed at $129,900. This listing's school district is Indianapolis Public Schools. Nearby schools include Carl Wilde School 79, Meredith Nicholson School 96 and Lew Wallace School 107. 3018 West 16th Street is a 0-bed, 0-bath, 2,080 sqft mixed use property built in 1930.

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 Garnet Group

Based on information submitted to the MLS GRID as of 02/17/2026 05:37 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.