6320 W 38th Street Indianapolis, IN
$ 865,000
Property Attributes
  • MLS#21802869
  • TypeCommercial
  • CountyMARION
  • CityIndianapolis
  • AreaPike
  • Zip46254
  • StyleRetail
  • Year Built1968
  • Taxes$ 6010
  • Price$ 865,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3941
Listing Provided Courtesy Of:
Dan Laser with RE/MAX Centerstone
Data Source:
Metropolitan Indianapolis MLS (MIBOR)
Property Description

GREAT LOCATION HEAVY TRAFFIC INTERSECTION! FANTASTIC OPPORTUNITY, OPERATE YOUR BUSINESS. VERY FAVORABLE OLD IDQ CONTRACT. Menu offers all types of dairy products, including ice cream cakes, chicken, hamburgers, etc. Dairy Queen being sold under original grandfather agreement regarding current royalty, sales promotion fee's, & protected territory. Shared cost of maintaining entrance easement from High School Road to property. New heating & cooling, new misty machine, 2 new ice cream machines, new registers. Great cash flow & increase in sales over previous years. Building also has a vacant room that can be used for birthday parties, etc. Second floor has concrete floor with two offices & storage. Sold AS IS due to owner health.

Price History
8/2/2021 Listed $895,000
9/27/2021 4% - $865,000

General Features

City Indianapolis
Contingency Act with no Contingency
County Marion
Current Financing Conventional, Conventional
Current Use Restaurant
Days on Market 61
Directions From I-465, go East on 38th Street to first stop light, turn left onto High School Road, immediately turn left, and proceed to site.
Disclosures Not Applicable
New Construction No
Possession Close of Escrow
Possible Use Restaurant
Property SubType Retail
Property Type Commercial Sale
Standard Status Active
Status Active
Street Name 38th
Tax Year 2021
Township Pike
Year Built 1968
Zoning Z001

Interior Features

Street Suffix Street

Exterior Features

Road Frontage Type City Street
Road Surface Type Asphalt


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 46254

AVG $870K
AVG $6,010
AVG 46
Year Built
AVG 1968
AVG 71
Data Provided by Walkscore ® not using MLS data

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