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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Indianapolis, Indiana and the rest of Hamilton County. Book a private tour of 3018 W 16th Street in West Haven, ask any question about this home, or talk through what you should know about buying in Indianapolis.

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ABOUT THIS HOME

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, land use residential as well.

Listed by Jen Mattos· Garnet Group· MLS# 22088730
SoldSold in 3 days

$115,000

3Beds
1.1Baths
1,820Sq Ft

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 sign...

Listed by Jen Mattos· Garnet Group· MLS# MBR22088730

1,820

Sq Ft

1930

Year Built

3

Bedrooms

1.1

Bathrooms

Key things to know

  • Sold 8.7% over list in 3 days
  • Finished basement (780 sqft)
  • West Haven subdivision

Sold

$125,000

+$10,000 over list (8.7%)

Closed
Mar 31, 2026
Listed at
$115,000
Sold
1 month ago
Sold in
3 days

Price history

  1. Sold$125,000

    Mar 31, 2026

  2. Listedat $115,000

    Mar 11, 2026

Sold
8
Median price
$125,000
Median DOM
15 days

Comparative value

5 comps in this range

This home is 33% below median for similar nearby sales.

$165K$315KMedian $187K
$125K

FEATURES & AMENITIES

Interior

Attic AccessAttic Stairway

Climate

Heat: Forced AirCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $115,000Listed· Mar 11, 2026

3 days on market

Layout

Main
315 rooms1,040 sq ft
Basement
2 rooms780 sq ft finished

Primary suite

See Remarks

Primary bath

Tub Full with Shower

Schools

Indianapolis Public Schools

    Neighborhood

    • Downtown Indianapolis3.0 mi
    • Zionsville Community HS12.2 mi
    • Carmel Central Park12.5 mi
    • Monon Trail (Carmel)12.7 mi
    • Carmel High School13.4 mi
    • Carmel Arts & Design District14.0 mi

    PROPERTY DETAILS

    Living Area

    1,820 sq ft

    Year Built

    1930

    Stories

    One

    Subdivision

    West Haven

    Bedrooms

    3

    Bathrooms

    1 full, 1 half

    School District

    Indianapolis Public Schools

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