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822 N Illinois Street

Indianapolis, IN 46204
  • $2,750,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 202504217
UPDATED: 59 min ago
$2,750,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1956
County:
Area:

School Ratings & Info

Listing provided by Mark Harris of Century 21 Scheetz - Carmel: Cell: 317-431-2969.

Description

SUBJECT IS COMPRISED OF THREE CONTIGUOUS PARCELS SITUATED ON THE NEAR NORTH SIDE OF INDIANAPOLIS JUST NORTH OF DOWNTOWN AREA WITH MAILING ADDRESSES OF 822 N ILLINOIS STREET AND 815 & 817 MUSKINGUM STREET. THE SUBJECT CONSISTS OF A TRACT OF LAND CONTAINING APPROXIMATLEY 0.36 +/- ACRES AND IS IMPROVED WITH TWO STRUCTURES THAT ARE CURRENTLY FUNCTIONING AS DOWTOWN OLLY'S AND BACKYARD AT OLLY''S. PER PUBLIC RECORD, THE BUILDINGS CONSIST OF A RESTAURANT AND BAR ALONG ILLINOIS STREET AND AN EVENT VENUE WITH A COVERED PATIO AREA ALONG MUSKINGUN STREET CONTAINING 4,600 +/- SQUARE FEET OF GROSS BUILDING AREA. SITE IMPROVEMENTS INCLUDE ASPHALT DRIVES AND PARKING, CONCRETE CURBING AND SIDEWALKS, CONCRETE BOLLARDS, WOOD PRIVACY AND WROUGHT IRON FENCING WITH MANUAL GATES, AND METAL GURADRAILS. THE SUBJECT IS ZONED CBD-2, CENTRAL BUSINESS DISTRICT TWO (PRIMARY) RC REGIONAL CENTER SECONDARY ZONING DISTRICT. ON THE BUSINESS SIDE- DOWNTOWN OLLY'S IS A VERY PROFITABLE, ESTABLISHED AND REPITABLE SAFE HAVEN WHERE EVERYONE IS WELCOME REGARDELSS OF GENDER, SEXUALITY, RACE OR BACKGROUND! FINDING A COMFORTABLE AND ACCEPTING SPACE CAN BE DIFFICULT AND DOWTOWN OLLY'S WANT TO BE THAT SPECIAL PLACE FOR ALL. WHETHER ONE VISITS TO MAKE NEW FRIENDS, LET LOOSE AND HAVE A GOOD TIME OR SIMPLY TO TAKE A BREAK AWAY FROM HOME- PEOPLE VENTURE IN TO ENJOY A DIVERSE AND LOVING COMMUNITY.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-03-22T10:28:33.7.

www.team-janet.com/homes/160213412
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822 N Illinois Street Indianapolis, IN 46204

  • Price: $2,750,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 59 min ago
  • MLS #: 202504217
0
Beds
0
Baths
0
½ Baths
0.36
Acres
1956
Built
Neighborhood:
None
County:
Marion
Area:
Marion
Property Description
SUBJECT IS COMPRISED OF THREE CONTIGUOUS PARCELS SITUATED ON THE NEAR NORTH SIDE OF INDIANAPOLIS JUST NORTH OF DOWNTOWN AREA WITH MAILING ADDRESSES OF 822 N ILLINOIS STREET AND 815 & 817 MUSKINGUM STREET. THE SUBJECT CONSISTS OF A TRACT OF LAND CONTAINING APPROXIMATLEY 0.36 +/- ACRES AND IS IMPROVED WITH TWO STRUCTURES THAT ARE CURRENTLY FUNCTIONING AS DOWTOWN OLLY'S AND BACKYARD AT OLLY''S. PER PUBLIC RECORD, THE BUILDINGS CONSIST OF A RESTAURANT AND BAR ALONG ILLINOIS STREET AND AN EVENT VENUE WITH A COVERED PATIO AREA ALONG MUSKINGUN STREET CONTAINING 4,600 +/- SQUARE FEET OF GROSS BUILDING AREA. SITE IMPROVEMENTS INCLUDE ASPHALT DRIVES AND PARKING, CONCRETE CURBING AND SIDEWALKS, CONCRETE BOLLARDS, WOOD PRIVACY AND WROUGHT IRON FENCING WITH MANUAL GATES, AND METAL GURADRAILS. THE SUBJECT IS ZONED CBD-2, CENTRAL BUSINESS DISTRICT TWO (PRIMARY) RC REGIONAL CENTER SECONDARY ZONING DISTRICT. ON THE BUSINESS SIDE- DOWNTOWN OLLY'S IS A VERY PROFITABLE, ESTABLISHED AND REPITABLE SAFE HAVEN WHERE EVERYONE IS WELCOME REGARDELSS OF GENDER, SEXUALITY, RACE OR BACKGROUND! FINDING A COMFORTABLE AND ACCEPTING SPACE CAN BE DIFFICULT AND DOWTOWN OLLY'S WANT TO BE THAT SPECIAL PLACE FOR ALL. WHETHER ONE VISITS TO MAKE NEW FRIENDS, LET LOOSE AND HAVE A GOOD TIME OR SIMPLY TO TAKE A BREAK AWAY FROM HOME- PEOPLE VENTURE IN TO ENJOY A DIVERSE AND LOVING COMMUNITY.
Exterior Features

Construction Type1 BRICKMASONARY Docks 1 Driveway Asphalt Exterior BrickWoodMasonry Fence DecorativeFullWood Fire Doors YN Yes Lighted Parking YN Yes Location City Lot Dimensions 15682 SQ FT Parcel Description Irregular Parking LotOff-StreetPavedPrivatePublicStreet Parking Spaces 20 Parking Type STREETPUBLICPRIVATE Parking YN Yes Road Access City Road Surface Asphalt Roof Material Rubber Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Water Access None Water Features None Water Type None Waterfront YN No

Interior Features

Basement Foundation FinishedSlabOutside Entrance Basement YN No Bldg1 Above Grd Sq Ft 0 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 2200 Bldg2 Above Grd Sq Ft 0 Bldg2 Below Grd Sq Ft 0 Ceiling Height 12-16" Column Spacing 10-30' Cooling Central AirMultiple Cooling Units Flooring Ceramic TileConcreteLaminateMixedVinyl Tile Heating Fuel GasCeilingForced AirHot Water Interior Height 12-16" Interior Walls BlockDrywall Internal Rooms KitchenOfficeStorageWarehouseOther Special Features FencedOverhead Door 1AlleyDelivery DoorDrapesLocker/Change RoomOffice SpacePublic RestroomsRefrigeration/Freezer Total Restrooms 3

Property Features

Annual Taxes 16000 Auction YN No Buildings 2 Burglar Alarm YN Yes Business Name DOWNTOWN OLLY'S & BACKYARD OLLY'S Currently Leased YN No Documents Available Plat MapAerial PhotoEquipment ListIncome/ExpensesLegal DescriptionOwners StatementUtility Bill InformationZoningOther Electric Company Indianapolis Pwr and Lt Enterprise Zone Yes Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Gas Company Citizens Gas Ingress Egress Combo Inside City Limits Yes Known Soil Other Contaminants YN No Known Underground Storage Tanks YN No Lease Available YN No Lease Term Remaining NO LEASE Lighted Intersection YN Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use BarOffice/ShowroomRestaurant Property Sub Type Restaurant/Bar Property Use Bus. Included w/PropertyInvestment Property Proposed Financing CashContractConventional Public Utilities Mun. Sewer to SiteMun. Water to Site Reo YN No Sale Includes BuildingBusinessFurnitureLandOtherLicense Included Security Gate YN Yes Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement Yes Township Center Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2023 Years Established 1956 Zoning Description CBD-2

Listing provided by Mark Harris of Century 21 Scheetz - Carmel: Cell: 317-431-2969.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-03-22T10:28:33.7.

 
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Janet English | Keller Williams
3928 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Mark Harris of Century 21 Scheetz - Carmel: Cell: 317-431-2969.