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1,936 sqft

$350,000

12023 E Washington Street, Indianapolis IN, 46229

Price per sqft$180.79
Built in1923
Property size1,936 sqft
Property typeCommercial
Courtesy of Compass Indiana, LLC, Douglas Martin Listing Contact:

Overview

Active

Listed Sep 1, 2026

Updated Sep 2

Established commercial property in the heart of Historic Cumberland! Home to Shear Experience since 1995, this well-maintained property offers an excellent opportunity for an owner-user seeking a turnkey salon or versatile space for a variety of small business uses. The main level is currently configured as a full-service hair salon with three double-sided styling stations that can quickly accommodate up to six individual workstations, multiple shampoo stations, reception and waiting areas, restroom and additional workspace. Salon furniture and equipment are available, providing the opportunity to step into an established location with minimal build-out. Additional upper-level spaces offer flexibility for offices, studio space or storage, while the basement provides additional storage and mechanical space. Approximately 10 dedicated parking spaces, prominent signage and excellent visibility along high-traffic E. Washington Street provides convenient access and exposure for clients and employees. Approximately 17,000 vehicles per day (2025 INDOT AADT). Seller reports average booth rental rates in the area of approximately $600 per chair per month, offering additional income potential for a salon operator. Just minutes from I-70, continue its long-standing salon use or reimagine the property for another small business-an excellent owner-user opportunity in an established commercial corridor.

Additional information

MLS® ID
22106766

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

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