12029 E 12029 E Washington Street, Indianapolis, IN 46229

Property Description

C-3 ZONED COMMERCIAL LIVE/WORK OPPORTUNITY! Fantastic opportunity for an owner-user or investor on E. Washington Street, so close to the Pency trail.The main level features five individual tattoo studio spaces Three are currently rented for $500/month, generating $1,500/month in current gross rental income, plus a half bath. Upstairs is an owner-occupied living area with a small kitchen and full bathroom. With three month-to-month rental spaces, C-3 zoning, commercial visibility, and an established live/work configuration, this property offers tremendous flexibility. The current configuration could also offer the potential to convert the property back to a single-family residence, subject to applicable zoning and permitting requirements. Continue the existing rental arrangement, operate your own business, create a live/work space, or explore a residential conversion. Buyer to verify zoning, permitted uses, conversion requirements, square footage, and all measurements.