This C4 zoned commercial property is being offer in an ONLINE PUBLIC AUCTION. 2754 Square Foot retail/office space divisible up to 3 units. The primary address is 1003 North Bancroft St. but also includes 5036 E. 10th Street and 1007 N. Bancroft St. Indianapolis. (Emerson Ave. and 10th St. intersection.) This property sells in an online auction, closing on 7/9/2025 at 11am. Go to www.jimmysauction.com for complete terms & conditions. CASH ONLY! Property sells in "AS-IS" condition, and needs some updating and renovations. A 10% Premium will be added to the final bid to determine the contract sales price. This auction has 10 minute soft close. Opportunity abounds! Title insurance has been ordered thru Best Title. Terms: $10,000.00 down within 24 hours of auction close, wired to title company. Balance due within 30 days of auction. Buyer to pay Fall Taxes in 2025. Emerson and 10th Street traffic counts are in the 10,000 vehicle range per day. Property has 2 electric and gas meters. There is off street parking at the rear of the building and it has ally access. The building has four half baths. It has been used previously as a retail consignment shop, tax preparation business location and a beauty salon.
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Multi Units
- Cooling System: Wall Unit(s)
- Heating System: Forced Air
- Legal Description: Emerson Highlands L17
- MLSID: 22044322