8 N Sheridan Avenue
Indianapolis, IN 46219

Wow! Auto Body Business & Irvington Staple Since 1929! Originally the Sheridan Ave Garage & 6-7 others since. Mostly Delk's Body Shop since 1969. Offering Auto Body shop at 8 N. Sheridan Ave & the corner building at 6138 E. Washington as a pair for $350,000! If you only want the Auto Body Shop, it will be $275,000. Not likely to ever find an opportunity for this price at a location like this! We have discounted the price for needed updates. Building has been operating but will need general updates to bath, plumbing, electric, heating. Air Compressors & miscellaneous equipment included at sale price but some minor contents to be removed. Large 12 Foot Overhead Door & large open work space inside for 4-5 car working capacity & room left over. 11x9 Office at front of building & a small 6x6 bathroom space in back. Has had gas overhead heat in the past, but units would need repair or replacing. This is a solid block building, recently painted exterior, rubber roof & drive in last 10-12 years. Mostly needs interior clean out & mechanical updating. Staked Survey included and a recent property line correction with deeded correction in December 2023. Lot next door (on corner) gets $1,750+ in rent per year if you buy and it increases each year. Note: A Body Shop in the 2300 block of US 40 sold for $360,000 and was a metal panel framed building, inferior to ours structurally, but it was updated. The overhead sign company has a 10 day option to purchase on the 6138 E. Washington St. building & lot, but the Body Shop can be sold without any restrictions. Minimum 48 hours notice to show. Proof of funds required prior to showing. AGENTS: "Do not pull or step onto premises without prior authorization", building is monitored. Sold strictly "As Is", Cash. Inspections for informational purposes only. Non refundable Earnest Money, 5% required upon acceptance or after 10 day contingency if needed. Prelim title insurance with First American Title. See attachments for other details.