Indianapolis Real Estate | Indianapolis Commercial Properties for Sale

Beautifully remodeled 3,400 sq ft building has been Missionary Bible Baptist church for 44 years and St. Raphael Catholic Church. Includes a 2 bed 1 bath suite Great for daycare or religious use. Includes an office space inside. Also inside building, separated by a wall is a 2 bedroom/1 bathroom suite which can be be lived in or leased out. Large entry, with a stage in a spacious area. Included with any personal property like church pews, pulpit, tables, chairs and kitchen equipment . Many opportunities for this property. Location is Perry Township, IPS Schools. Located behind University of Indianapolis. Apartment connected to a church. Includes 2 living areas and 2 bedrooms.

1401 Norton Avenue, Indianapolis

$850,000

2 Baths ⋅ 202636486 MLS

Prime 6.8-acre development opportunity at 4817 Kollman Road in Indianapolis, Indiana. This property offers an excellent opportunity for builders, developers, and investors looking to create a new residential neighborhood in an established and growing area. The property is currently zoned FARMLAND and includes a single-family residence originally constructed in 1938. The existing home is not considered part of the property's long-term development plan and will need to be removed as part of a future redevelopment project, subject to applicable approvals. With approximately 6.8 acres of land, the property provides substantial space for a potential residential development. A future owner may pursue a zoning change to allow residential development, creating the opportunity to develop a neighborhood that complements the surrounding area. Buyers should conduct their own due diligence regarding zoning, permitted uses, utilities, subdivision requirements, access, density, and all necessary governmental approvals. Location is a major advantage. The property is situated along a newly paved asphalt road and is surrounded by an already established residential area and other residential structures, providing an ideal setting for a neighborhood development. The property is also within walking distance of major area employers (Rolls Royce, FedEx Freight, Maersk and many others) offering convenient access to employment centers for future residents. Adding to its appeal, the property is approximately an eight-minute drive to Indianapolis International Airport, making it particularly attractive for commuters, business travelers, and residents seeking convenient access to one of the region's major transportation hubs. Whether you're a residential developer seeking your next project or an investor looking for land with future redevelopment potential, 4817 Kollman Road presents a rare opportunity to acquire 6.8 acres in an established Indianapolis setting and pursue the creation of a new residential community.

4817 Kollman Rd, Indianapolis

$275,000

22124187 MLS

Unique opportunity on E Washington Street! This spacious two-story property is currently used as a residence and features 4 bedrooms, a partially finished attic, and flexible interior space. Conveniently located along the E Washington Street corridor, with the future IndyGo Blue Line bringing enhanced transit connectivity and infrastructure improvements to the area. The Blue Line is currently scheduled to open for service in 2028. Buyer to verify permitted uses, measurements, and all property information.

5864 E Washington Street, Indianapolis

$89,000

22124167 MLS

BRING YOUR VISION TO INDY'S HISTORIC NEAR WESTSIDE! A Commercial Opportunity awaits in the Riverside area! This desirable corner lot includes two parcels totaling over 11,000 sq ft., providing an exciting opportunity for builders, developers, or investors looking to create something new in an established Indianapolis neighborhood. The property currently contains a store that will need to be demolished due to fire. Come with your vision, clear the existing structure, and explore the potential to develop on this commercial zoned lot, across the two parcels. Located near the Riverside area and White River, this property offers convenient access to downtown Indianapolis, parks, trails, recreation, major roadways, and the continued activity taking place throughout Indy's Near Westside. Whether you're looking for your next development project or an opportunity to add to your investment portfolio, these two parcels offer a blank canvas with plenty of possibilities. Two parcels. One vision. Endless potential.

2228 N Harding Street, Indianapolis

$1,500,000

22123838 MLS

PRIME LOCATION! This exceptional 2.25-acre commercial property offers outstanding visibility with direct access to State Road 67/Kentucky Avenue, where more than 31,000 vehicles pass each day. Featuring over 4,000 square feet of updated interior space and more than 13,500 square feet of paved parking, this property provides the ideal setting for a wide range of commercial uses. The lot also extends to Millhouse Road, creating the potential for an additional access point and added flexibility for future development. Currently operating as a daycare, the building is well-maintained and move-in ready while offering endless possibilities for an owner-occupant or investor. Major improvements include two new septic systems, a new roof and HVAC system installed in 2023, all new flooring in 2021, a new water heater in 2023, and updated restrooms. The property also features a fenced outdoor area and a spacious storage barn, adding even more functionality. Conveniently located just minutes from downtown Indianapolis, Mooresville, Indianapolis International Airport, and major interstate highways, this high-traffic location offers unmatched accessibility and exposure for your business. Whether you're expanding, relocating, or investing, this is a rare opportunity to own a highly visible commercial property in one of the area's most desirable corridors. Don't miss your chance to make this exceptional property your next business location.

5925 Kentucky Avenue, Indianapolis

$229,900

22123860 MLS

Looking for a High Visibility Property with multiple ways to create value? This Spacious Bedford Stone Ranch offers a flexible layout, full basement, finished 2-car attached garage, and potential for residential, investment, or commercial use-all in a convenient Indianapolis location. The main level features 3 bedrooms, 1.5 baths, newer luxury vinyl plank flooring, vinyl windows, an updated bathroom, and a spacious layout that feels significantly larger than 2,000 square feet. The full basement is where the possibilities really open up. Two separate rooms with closets offer potential for offices, guest rooms, hobby spaces, or possible additional bedrooms. For investors, the flexible floor plan could lend itself to several strategies. Explore the potential for an Airbnb/short-term rental, long-term rental, or a house-hacking opportunity where an owner occupies one portion while utilizing other areas for additional income. The layout may also allow the upper/main living area to be separated into additional living quarters(creating a duplex) with a separate entrance from the garage,. The property also offers potential Commercial Space for business, office, retail, medical etc. Major improvements include a high-efficiency furnace and air conditioner replaced within the past 3-4 years, PEX water lines, and 200-amp electrical service. The attached 2-car garage is finished, providing valuable parking, storage, or workspace. And don't overlook the covered front porch-a great spot for morning coffee before taking advantage of the home's convenient location near shopping, schools, parks, major highways, downtown Indianapolis, and Greenwood. One property. Multiple possibilities. Whether you're looking for a rental, Airbnb opportunity, house hack, commercial/residential flexibility, or a property you can reconfigure and add value to

506 Lawrence Avenue, Indianapolis

$100,000

22123774 MLS

Commercial building available on the SE corner of Farnsworth St & Mars Hill St. 2nd floor is presently set-up for residential or office. The first floor is gutted and so it can be whatever you want, with some work. Office, retail, sales, storage, etc. Assessor's size is 1152 first floor, 1152 2nd floor , totaling 2304 SF on a 2520 SF prominent corner lot. Bring your contractor and your ideas. And Brand New Roof and Decking!

3871 Farnsworth Street, Indianapolis

$550,000

22122865 MLS

3 CITY LOTS + BUILDING! Have you ever dreamed of taking a large historical building and renovating it to call your own? Well, this is it! This is the original Station 22 firehouse - full historical charm, none of the restrictions that come with an official landmark designation! It's a blank canvas for anyone who's ever dreamed of turning a landmark-worthy building into something entirely their own. Maybe you'd like an income-producing property; make the upstairs a unit while living below! Two furnaces and two ACs! The sale also includes three additional city lots just south of the building - two paved, one grass - giving you room to expand, add parking, or start fresh. Prefer new construction? Demo the station and build up to four new homes across the combined lots. Steps from the Monon Trail on a standout Reagan Park block, this is a once-in-a-generation canvas. Bring your vision - the possibilities here are genuinely endless.

2357 Carrollton Avenue, Indianapolis

$1,750,000

22123660 MLS

For Sale: 5210 Commerce Circle, Indianapolis, IN 46237. This 11,000 square foot commercial building offers a compelling investment with stable in-place tenancy and future upside. The property features three suites-A, B, and C-currently occupied by a home health care service and an automotive body shop, demonstrating the building's versatility for a wide range of service, professional, or light industrial users. Suite C is secured by a long-term lease at $85,000 per year for 12 years, with a market rate adjustment scheduled at Year 5. Suite A and B are leased by the same tenant, totaling $63,600 per year. Positioned just off Southport Road and Emerson Avenue, the property offers immediate access to I-65, I-465, and US-31, placing it within minutes of Downtown Indianapolis, Greenwood, Southport, and a rapidly growing network of commercial and residential development. The Southside market has seen consistent growth in population, traffic demand, and business expansion, making this location a strategic placement for both existing operations and future value appreciation. Nearby amenities include retail centers, restaurants, medical offices, logistics hubs, and major service providers, further enhancing tenant attraction and retention. This offering delivers a strong foundation of cash flow with long-term stability and clear upside potential-an attractive opportunity for investors seeking a proven commercial asset in a high-growth corridor.

5210 Commerce Circle, Indianapolis

$350,000

22106766 MLS

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.

12023 E Washington Street, Indianapolis

$540,000

22123487 MLS

If you have ever wanted to own and run your own business, you couldn't ask for a better location. Currently owned and operated by the Backyard Blessings Garden Center, previously a Dammann's location, and they have been very successful in this area. Sellers retiring to Arizona. The property includes a main shop front, large fenced in parking lot, a large staging area used to present larger plants and sculptures for sale, and a massive greenhouse. Small storage barn on outside of greenhouse as well. Fully functioning and ready for someone to take over and make it theirs.

8005 E 30th Street, Indianapolis

$595,000

22120031 MLS

A new and exciting opportunity awaits in Lawrence Township! Property previously used as a daycare facility. This large space can be used as an adult daycare, childcare facility, school, or church. The property has a large parking lot and circular driveway that was resurfaced in 2025. A New roof was added in 2025. This spacious building includes multiple rooms and bathrooms\bathroom stalls. Building is situated on 0.86 acres with a fenced in exterior.

8160 E 42nd Street, Indianapolis

$800,000

22113593 MLS

Commercial opportunity at 1202 S Lynhurst Drive. Approximately 8,311 SF of total space, including 7,861 SF of finished building area and a 450 SF attached garage. Currently operating as a funeral home. Open layout with multiple potential uses under C4 zoning. Three large chapel areas, office spaces, storage areas, and multiple entrances. His and hers stall restrooms, a living area with kitchenette and full bathroom. With its existing layout and C4 potential uses includes emergency shelter, business offices, art-related uses, clubs or lodges, community centers, museums, libraries, art galleries, religious uses, medical/dental offices, centers or clinics, and financial or insurance services. Buyers and users are encouraged to review the applicable land use table for a complete list of permitted possibilities and requirements. Located minutes from I-465 and Sam Jones Parkway/I-70, this property offers convenient accessibility. A neighboring property owner may be open to a parking lot maintenance and use agreement, providing a potential opportunity for additional parking solutions.

1202 S Lynhurst Drive, Indianapolis

$299,900

22122877 MLS

Great opportunity for your next business venture! This updated commercial building offers a bright, clean, and versatile space with excellent visibility along a busy commercial street. Recent improvements include fresh interior paint, new flooring, new doors, a new water heater, and new concrete in the front, creating a fresh and welcoming environment for your business. The spacious layout features multiple rooms that can be utilized as private offices, consultation areas, workspaces, reception areas, or waiting rooms. Convenient restrooms, abundant natural light, and a functional floor plan provide flexibility for a variety of business uses. With its high-visibility location on a busy commercial street, this property offers an excellent opportunity for an owner-user or investor. Seller financing is available, providing additional flexibility for qualified buyers. Bring your vision and make this versatile space work for your business. Schedule your showing today!

3455 Shelby Street, Indianapolis

$975,000

22119321 MLS

* 8 Unit Apartment Building * Fully renovated in 2021 (plumbing, electrical, kitchens, baths, roofing) and just 1 mile from IU Health's $4.3B downtown hospital campus, this 8-unit Indianapolis multifamily offers a diversified rent roll - 7 leased units plus a flexible Airbnb unit (more than 90% occupancy). TTM income of $88,720 delivers a 6.61% cap rate on NOI, backed by real owner disbursement history. Lean expenses. A rare, stabilized income property priced to perform, steps from one of the largest development projects in the city!

2442 N Illinois Street, Indianapolis

$299,900

22122085 MLS

6104 Madison Avenue, Indianapolis

$400,000

22121989 MLS

3136 W. 16th Street is a high-visibility commercial property positioned along a well-traveled corridor on Indianapolis' west side. Offered at $400,000, the property includes a 3,670-square-foot building situated on approximately 0.70 acres. The site features more than 200 feet of frontage along W. 16th Street, visibility to approximately 28,751 vehicles per day, and three points of ingress and egress for convenient access. Located approximately one mile from the Indianapolis Motor Speedway-home of the Indianapolis 500-the property benefits from its proximity to one of Indiana's most recognizable destinations. It is also convenient to Lafayette Road, I-65, downtown Indianapolis, IU Indianapolis, Purdue Indianapolis, 16 Tech, and several major area employers and institutions. The surrounding trade area offers strong population density, with more than 104,000 residents and approximately 42,000 households within three miles. Nearby businesses and destinations include the Town of Speedway, Allison Transmission, Indianapolis Motor Speedway, Brickyard Crossing Golf Course, Dollar General, Subway, McDonald's, Popeyes, and other established commercial users. The property's C-5 zoning accommodates a broad range of commercial uses, including auto sales, restaurants, commercial and building contractors, medical uses, light and heavy retail, and more. With strong traffic exposure, substantial frontage, multiple access points, and broad commercial zoning, 3136 W. 16th Street presents a compelling opportunity for an owner-user, investor, or redevelopment concept.

3136 W 16th Street, Indianapolis

$1,400,000

22120509 MLS

Located in the heart of highly desirable Fountain Square, 1628 Bates St. offers a rare combination of commercial and residential space in one of Indianapolis's most walkable, energetic, and rapidly evolving neighborhoods. Fountain Square is loved for its character, independent restaurants and bars, local shops, entertainment, and strong sense of community-all just minutes from Downtown Indianapolis and the Cultural Trail. The property features an improved former industrial building with a flexible commercial gym space and a separate two-bedroom residential component, creating an excellent opportunity for an owner-user, investor, or entrepreneur seeking a property that combines business and residential potential. The gym space offers an open, versatile layout ideal for fitness, wellness, studio, creative, or other commercial uses, along with a separate room that could serve as private office, retail, or additional functional space. The entire property is securely fenced, providing privacy and flexibility for outdoor use. The residential portion features two bedrooms, an open kitchen and living area, a garage door that opens to create a seamless indoor-outdoor entertaining space, and a private fenced balcony. The layout provides a unique residential experience while complementing the commercial component of the property. The property is currently occupied by Feel Good Naked Gym and will be delivered vacant at closing, allowing the next owner to immediately implement their own vision. Recent improvements include a new roof with a 15-year warranty, fresh exterior paint, and completed tuckpointing, providing a strong foundation for future ownership and improvements. Surrounded by renovated homes, new construction, local businesses, and ongoing investment, 1628 Bates St. is positioned within one of Indianapolis's most active growth corridors. Bring your vision to a property that offers character, flexibility, and a location that continues to attract residents & businesses

1628 Bates Street, Indianapolis

$1,850,000

22120712 MLS

Prime East Indianapolis Commercial Investment Opportunity! Strategically located on N German Church Rd in the established Far Eastside retail corridor, this approximately 12,000 SF commercial property and offers an excellent opportunity for an owner-user, investor, or redevelopment-minded buyer. The property provides a versatile commercial footprint with strong visibility and convenient access to major retail, dining, residential, and transportation amenities. Surrounded by an established and growing trade area, this location offers excellent potential for a variety of retail, service, restaurant, or other commercial uses, subject to zoning and applicable approvals. An exceptional opportunity to acquire a sizable commercial property in a well-established Indianapolis corridor. Showings by appointment only.

2915 N German Church Road, Indianapolis

$1,975,000

22120115 MLS

Prime Commercial Opportunity | Modern Building | General Commercial Zoning Discover a distinctive commercial property designed to support business growth, professional services, and retail operations. Featuring a modern architectural style, contemporary color scheme, attractive finishes, and a functional layout, this property offers a professional setting for a wide range of commercial uses under General Commercial zoning. The building features three separate entrances, providing excellent flexibility for multiple occupants, business divisions, or customer access. A private balcony overlooks the scenic rear surroundings, offering an inviting space to enjoy the views and create a unique experience for employees, clients, or customers. The finished basement is currently leased and utilized as a primary care and physical therapy treatment center, providing an opportunity for an owner-user to benefit from existing income while operating their own business from the property. Strategically located near Community Hospital North and I-465, the property offers convenient accessibility and strong visibility within a well-established commercial area. Its combination of location, flexible configuration, modern finishes, multiple entrances, balcony, and existing leased space makes it an excellent opportunity for an owner-user, investor, or growing business. Why continue paying rent when you can own the real estate, build equity, and grow your business at the same time? This property offers the opportunity to establish your business in a space you control while creating long-term value through real estate ownership.

6280 N Shadeland, Indianapolis

$150,000

22120531 MLS

0.24-acre corner lot zoned for industrial use (I-3), located just minutes from downtown Indianapolis on a main thoroughfare. With high traffic counts and excellent visibility, this location offers a great opportunity to showcase your business.

3145 E Washington Street, Indianapolis

$625,000

22120488 MLS

2245 E Riverside Drive, Indianapolis

$325,000

22120097 MLS

Bring your vision to 3429 Prospect St, a turnkey, move-in-ready church and community facility designed for organizations looking for more than just a building-a place where people can gather, connect, worship, serve, and grow together. This 4,608 SF two-level facility offers the space and functionality to support a growing congregation, nonprofit, community organization, or creative use. The spacious 2,304 SF main level features an expansive assembly hall with seating for approximately 250 people, along with three private administrative offices. The finished 2,304 SF lower level includes a large fellowship hall, functional kitchen, and flexible space for meals, programs, meetings, classes, and community events. Pews, seating, tables, an organ, and kitchen appliances can be included, making this a truly turnkey opportunity. With SU-1 zoning and potential for flexible reuse, the property could also accommodate an event space, daycare, office center, or other community-focused use. Vacant and ready for your vision, this is more than a building-it's a place to gather, serve, build community, and grow. Priced to sell with value-add opportunities.

3429 Prospect Street, Indianapolis

$275,000

22119951 MLS

Your next passive income source! This is the perfect investment property with a great tenant. The tenant is responsible for all expenses other than property taxes. This is an Amazing location with great drive-by traffic and easy access to everything in downtown Indianapolis, Bates-Hendricks, and Fountain Square neighborhoods. This has been a successful auto dealer for years. This was also the location of the original Hooks Drugs Store in 1900 the designated historic plaque located on the east side of the property.

1101 S East Street, Indianapolis

$550,000

22118495 MLS

The only fully-divided, tenant-ready 16-suite office building on the market at this price point - a rare turnkey income opportunity in one of the city's most vibrant business districts. This meticulously maintained 5,700+ SF building is move-in ready today, offering 16 private, fully built-out suites with copy rooms and kitchenettes across two floors, each with its own dedicated reception area. Currently home to three tenants (two attorneys and a home builder), the property has significant untapped upside - leasing was intentionally paused under prior ownership, leaving 13 suites available for immediate lease-up, including the entire vacant first floor with its own reception area and spacious conference room, ideal as shared amenity space or private meeting space for a full-floor tenant. The versatile layout suits attorneys, therapists, medical/specialty practices, consultants, and other private-office users. Large windows provide excellent natural light, and dedicated rear parking offers direct building entry, with accessible entry into the first floor (no elevator; second floor via stairs only). Perfectly positioned with excellent street frontage, high traffic counts, and easy access to major highways, public transit, and downtown amenities, plus a private lot and additional on-street parking. For the investor seeking diversified income from day one - or a business ready to anchor a full floor with its own reception and conference space - this is a rare opportunity to acquire a fully realized multi-tenant asset with immediate upside built in. Suite-by-suite rent roll available upon request.

1300 N Pennsylvania Street, Indianapolis

$395,000

22119285 MLS

Office building located in Greenwood, currently rented to a church @$3,000/month. Great opportunity for any investor or future business owner.

5201 Madison Avenue, Indianapolis

$400,000

22118812 MLS

Investment Opportunity - Commercial Building Transformation Imagine the potential. This two-story commercial building is a rare opportunity to create a high-value, modern property from the ground up. From bold new exterior cladding and expansive glass storefronts to sleek open-plan interiors, loft-style upper floors, and contemporary finishes throughout - every space has been reimagined for maximum impact and return. Two-story commercial building Modern architectural redesign concept Open-plan ground floor + loft-style second floor Full interior renovation potential Prime investment opportunity **Land Contract Available, ask your agent or the list agent for the terms**

3363 Central Avenue, Indianapolis

$895,000

22118287 MLS

Exceptional opportunity to own a fully remodeled, turn-key automotive dealership in a high-visibility location with excellent traffic counts. Zoned C-5, this property is ideal for automotive sales, service, repair, or a variety of commercial uses. The building features a well-designed office layout with three private offices, a kitchen, full bathroom, and attic storage. The attached service garage is equipped with an automotive lift, providing added functionality for inspections, repairs, and maintenance. This established dealership generates approximately $300,000 in annual gross revenue, offering a great opportunity for an owner-operator or investor looking to expand an existing business. Conveniently located just minutes from downtown with easy access to major highways, the property offers excellent visibility, accessibility, and exposure to thousands of vehicles daily. Property Highlights: Fully remodeled, move-in ready dealership C-5 Commercial Zoning High traffic count and excellent visibility Approximately $300,000 annual gross revenue Service garage with automotive lift Three private offices Kitchen and full bathroom Attic storage Minutes from downtown Easy access to major highways

3611 W Washington Street, Indianapolis

$369,000

22116721 MLS

Versatile 3,030SF flex building offering a functional combination of office and warehouse space. Features include 16-foot clear ceiling height, one grade-level overhead door, gas heat, and city water and sewer. Centrally located with convenient access throughout Indianapolis. Ideal for an owner-user, contractor, light manufacturing, storage, or a growing business.

2115 E 45th Street, Indianapolis

$250,000

22117719 MLS

A beautifully remodeled home hiding in plain site! Craftsman style with modern updates and amenities. The gorgeous kitchen has white shaker cabinets, attractive granite counter top, SS appliances, and a modern, open, vent hood. The covered and glass enclosed front porch is a great place to meet and greet. 3-BRs and 2-full updated bathrooms. The master BR, upstairs, has an adjoining room for home office or sitting room. New windows, new roof, stylish flooring and paint and much more. Full, clean and dry basement. 2-car garage. This unique property is zoned for residential D-W or commercial C-3. This is also listed as residential BLC #22117711.

5041 Kentucky Avenue, Indianapolis

$450,000

22117474 MLS

Rare opportunity to acquire a secure, C-3 zoned commercial property on highly traveled Keystone Avenue. Situated on approximately 0.56 acres on 5 contiguous parcels, this 1,715-square-foot office building and parcels function as one fully enclosed, secure site. The interior offers a flexible floor plan featuring a reception area, three private offices, a spacious open work area, and two multi-stall restrooms, making it well suited for professional offices, medical practices, contractors, staffing agencies, nonprofit organizations, service businesses, and a variety of commercial users. The entire property is enclosed by a 6-foot security fence with barbed wire and a security gate, providing an ideal environment for businesses requiring secured parking, fleet vehicles, equipment storage, or controlled access. There is easily parking for 30+ cars or trucks. With excellent visibility on Keystone Avenue, ample on-site parking, and C-3 zoning that allows a wide variety of commercial uses, this property presents an exceptional opportunity for an owner-occupant, investor, or future redevelopment. The generous site size provides flexibility for expansion or long-term investment while offering immediate functionality for a growing business.

3913 N Keystone Avenue, Indianapolis

$1,800,000

22117669 MLS

4407 Lafayette, Indianapolis

$384,000

22117375 MLS

1515 E Michigan St is a well-maintained 5-unit multifamily investment opportunity located just minutes from downtown Indianapolis. The property sits in a strong rental corridor near Holy Cross, Arsenal Heights, Cottage Home, and the Mass Ave corridor, with continued residential and commercial development throughout the surrounding area. The front building consists of four units, with a fifth unit created from a converted garage, offering a functional and efficient unit mix attractive to long-term tenants. The current owner has consistently maintained the property during their ownership, supporting stable operations and long-term tenant retention. The property is primarily tenant-occupied with two units currently available for immediate showings, offering flexibility for investors or owner-occupants. Strong rental demand and convenient access to downtown, major thoroughfares, and neighborhood amenities support long-term performance.

1515 E Michigan Street, Indianapolis

$1,995,000

22115904 MLS

FOR SALE ONLY - Park 100 Area Rare - Hard to find Industrial Building with 20' clear ceilings and 2 docks & 3 drive-ins. 17 parking spaces Concrete Panels construction. Has Office & small showroom. Shown by List Broker with appointment.

6230 N Corporate Drive, Indianapolis

$250,000

22114232 MLS

Commercial property zoned non-residential-C3. This property has great potential for multiple uses. It was formerly a bar. More recently it was used for a fencing company. It could be used as multi-tenant office space. The building is 2 levels plus a basement. Upstairs is a bathroom with a standup shower. There are many items inside that will be removed prior to closing. If the buyer has any interest in the contents, a price can be negotiated.

5066 E Michigan Street, Indianapolis

$1,750,000

22113764 MLS

Looking for room to grow? This 7,548 SF former medical office offers a flexible, ADA-accessible layout that could work well for a medical office, church, daycare, community organization, or other professional use. Tons of recents improvements throughout including a new roof, water heater, eight gas furnaces and AC units, motion-sensored flood lights, new LED lighting, resurfaced parking lot, and More! Inside, you'll find three private offices, four restrooms, a conference room, break room, large waiting area, and a huge open room that could be used as a sanctuary, classroom, activity area, treatment space, showroom, or collaborative workspace. Two parking lots provide nearly 50 spaces, while multiple entrances make access easy for staff, clients, and visitors. Don't miss this one!

6635 E 21st Street, Indianapolis

$1,200,000

22112794 MLS

2.5 acre parcel go with a home currently zoned residential. This is the next one in line that could be zoned commercial on the street. Property would need to be rezoned for commercial use. Within a few minute drive of I-465.

5616 Victory Drive, Indianapolis

$575,000

22107102 MLS

Rare opportunity to establish your business in the Castleton area. Ideally positioned with approximately 120 feet of frontage along high traffic East 82nd St (~44,000 vehicles per day) enhanced by a monument sign. The property offers 6 parking spaces in the front of the building, with an additional 6-8 in the rear and room to expand the parking lot Inside is space for a receptions area, conference room, 2-3 offices, as well as a break room and ample storage. Positioned within the thriving Castleton trade area, the property benefits from a strong concentration of retail, medical, professional office, and restaurant users, creating a vibrant business environment with significant daytime traffic. Convenient access to I-465 and I-69 places the property within a 15-30 minute drive of downtown Indianapolis and most northern and eastern suburbs. C-1 (Neighborhood Commercial) zoning allows for a broad range of professional office and neighborhood commercial uses, making the property an excellent fit for insurance, legal, accounting, financial services, real estate, medical or dental offices, counseling, personal services, boutique retail, and other compatible commercial uses.

7423 E 82nd Street, Indianapolis

$3,200,000

22109027 MLS

Originally constructed in 1898 by local businessman Herman E. Martens, the building is a beautifully restored example of Classical Revival architecture, featuring unique pentagonal design elements, limestone detailing, and large bay windows. In the early 1990's the building was completely renovated and legally converted into 19 individual parcels. Martens HPR Unit #1 thru#19. The property was extensively renovated while preserving its historic character, offering residents a blend of vintage charm and modern convenience. The units have a combination of hardwood and vinyl flooring, new gourmet kitchens with stove, frig, microwave, dishwasher, disposal and granite/butcher block counters. Units have their own independent electric heat pumps for heating/cooling, electric water heater and 100-amp electric service. Today the building is operated as a 19-unit apartment house but could easily be converted to accommodate a multitude of investment opportunities. The building has nine-1 bedroom/one bathroom, one-1 bedroom/1.5 bathroom, eight- 2 bedroom/2 bathroom and one-2 bedroom/one bathroom. The buildings brick and limestone exterior, newer windows and updated electrical and plumbing keep maintenance cost low. Over the past few years, a new Firestone rubber membrane roof and two new Velux skylights have been installed. Situated near the intersection of Senate Avenue and Indiana Avenue, The Martens provides easy access to downtown Indianapolis attractions, cultural venues, restaurants, entertainment districts, and major employment centers. The building's central location within the Indianapolis Mile Square offer's easy access to both IU and Purdue's Indianapolis campuses (2 blocks to the west), Kroger's Grocery (1 block to the north), the Capitol Building (1 block to the south) and Lucas Oil Stadium (4 blocks to the south) The Martens offers a unique residential experience for those seeking historic character, a walkable downtown lifestyle in Indianapolis.

315 N Senate Avenue, Indianapolis

$1,299,000

22110697 MLS

This is your opportunity to secure a highly visible, highly accessible commercial site in one of Indianapolis' most connected corridors. This 4,928-square-foot freestanding former daycare sits on 1.08 acres and is ready for immediate use. The property is vacant, well-maintained, and fully positioned for an owner-user or investor who wants a plug-and-play location with long-term upside. With ample parking and a functional layout, it is a true turnkey opportunity in a tightening commercial submarket. What makes this location stand out is its access. Just minutes from I-465, I-65, and I-74, the property connects effortlessly to the entire Indianapolis metro. Whether you're serving downtown, Greenwood, Beech Grove, or the surrounding residential neighborhoods, this site puts you in the center of daily traffic flow and strong population density. The surrounding area continues to grow through residential expansion, industrial development, and steady commercial infill, creating a stronger demand base every year. As major developments push outward from the core, properties like this become increasingly rare-functional, flexible, and already in place. Zoned CS (Commercial Service) in Marion County, the property supports a wide range of uses including professional and medical offices, daycare or educational facilities, veterinary clinics, fitness or wellness studios, salons and personal services, small-format retail, and other neighborhood-serving commercial operations. This flexibility makes it ideal for both immediate occupancy and long-term repositioning. This is a clean, strategic entry point into a growing corridor with strong connectivity, daily exposure, and multiple use possibilities-all in a location where supply is tightening and demand continues to rise.

4521 Independence Square, Indianapolis

$850,000

22110775 MLS

955 Oliver Avenue presents a rare opportunity to acquire a highly visible church property positioned directly in the path of one of Indianapolis' most significant transformational developments. Located just across the street from Elanco's Global Headquarters, this property sits within the rapidly evolving Near West / Downtown Indianapolis redevelopment corridor where billions of dollars of public and private investment are reshaping the area. The new Elanco campus is serving as a catalyst for substantial residential, commercial, infrastructure, and mixed-use development throughout the surrounding neighborhood, creating exceptional long-term redevelopment potential and increasing demand for strategically located real estate. The property offers immediate access to Downtown Indianapolis, I-65, I-70, and major employment centers, placing it in the center of a corridor experiencing unprecedented growth and reinvestment. As the Near West side continues its transformation into a premier live-work-play destination, 955 Oliver Avenue is uniquely positioned to benefit from rising property values, increased neighborhood activity, and future redevelopment opportunities. Whether for continued religious use, community-oriented operations, institutional use, or a visionary redevelopment project, this property represents a compelling chance to secure a prominent site in one of Indianapolis' fastest-changing urban districts.

955 Oliver Avenue, Indianapolis

$3,500,000

22108062 MLS

This rare industrial property offers 4,242 sq. ft. of versatile space, including 828 sq. ft. of office space and over 3,000 sq ft of manufacturing/warehouse/industrial space, situated on 13.56 acres of I-3 zoned land, making it an excellent opportunity for businesses needing storage, manufacturing, or expansion. The building features two 14-ft overhead doors, providing easy access for large vehicles and equipment. Recent updates include remodeled bathrooms, new flooring, fresh paint, and upgraded lighting throughout. Conveniently located with easy access to I-465 and I-70, this property is ideal for a variety of industrial and commercial uses. Recently the property was used by an excavating company utilizing the building and outdoor space.

1000 S Arlington Avenue, Indianapolis

$2,450,000

22110521 MLS

Position your business in a highly visible and accessible 11,780 SF standalone office building situated on a 1.2 acre lakefront lot at the gateway to Carmel and Fishers. Built in 2004 and remodeled in 2022, this property offers a professional image, functional layout, and abundant natural light with windows on all sides. The building is thoughtfully configured for immediate occupancy, featuring 28 private offices, open work areas with built-in workstations, multiple conference rooms, a welcoming front lobby and a full kitchen. Multiple entrances provide flexibility for departmental separation or client access. Ample on-site parking ensures convenience for employees and visitors alike. Additional improvements include a sprinkler and alarm system and excellent connectivity. Easy access to the interstate and major throughfares. This move-in ready office is an ideal solution for a growing company seeking long-term stability, branding control and a premier North Metro location.

4929 E 96th Street, Indianapolis

$2,100,000

22110469 MLS

The subject is a two story all brick office building on approximately 1.426 Acres located in the College Park Commercial Complex. The commercial applications for this property are nearly endless being that it is zoned C4 which includes ALL TYPES of commercial and professional offices; educational facilities, daycare uses; religious organizations, AND EVEN RESTAURANT AND RETAIL USES. The property includes an asphalt parking lot of nearly 36,000 square foot asphalt parking lot on all sides of the building. THIS PROPERTY IS A MUST-SEE AND THE PERFECT FIT FOR A NATIONAL OFFICE LOCATION!!!

3333 Founders Road, Indianapolis

$160,000

22108836 MLS

Opportunity awaits with this 1,575 sq. ft. commercial church property situated on a prominent corner lot in an up-and-coming Indianapolis neighborhood. Zoned C4 Commercial, this one-story building features a spacious sanctuary, two additional meeting/classroom spaces, restroom facilities, a handicap-accessible entrance ramp, and an on-site grass parking area located south of the building. The flexible layout offers excellent potential for continued religious use or adaptive reuse for office, nonprofit, community, or other permitted commercial uses, subject to zoning and municipal approval. Served by public utilities and offering excellent visibility, this property is an ideal opportunity for an owner-user or investor. Property is being sold As-Is.

1913 Prospect Street, Indianapolis

$118,608

22109478 MLS

Unlock your portfolio's next major milestone with this versatile Commercial building situated in a highly sought-after, growing neighborhood. Positioned in a strong development corridor, minutes from Downtown Indianapolis, this property is the ultimate Redevelopment Opportunity for visionaries. Capitalize on this premium strategic location that continues to draw new businesses and foot traffic, ensuring a reliable Investor opportunity. Whether you are looking to renovate, re-tenant, or completely rebuild, this Investment Opportunity is primed for a high appreciation area trajectory. Don't miss your chance to secure a cornerstone asset in one of the city's most dynamic growth zones.

3125 E New York Street, Indianapolis

$250,000

22109477 MLS

Unlock massive potential with this prime Commercial building located in the highly sought-after Mapleton Fall Creek neighborhood. Perfectly positioned as a premier Redevelopment Opportunity Near Downtown Indianapolis, this property boasts a Strategic location within a Strong development corridor. Situated in a Growing neighborhood known for its High Appreciation area trends, this Investment Opportunity is ideal for buyers looking to capitalize on market momentum. Bring your creative vision to life and make this unparalleled investor opportunity the shining star of your investment portfolio.

512 E 30th Street, Indianapolis

$349,000

22109156 MLS

Bring your business vision to life with this fantastic commercial property located at 1001 E 30th Street! In the heart of the popular Monon Yard neighborhood and adjacent to the Monon and Fall Creek Trails. This garage boast a highly desirable C-4 zoning. This property is perfectly positioned for major business opportunity growth. So start a cute coffee shop with built in parking, a real estate office or any high visibility demanding business. This section of 30th is bustling with development. This property features a single-story, 1,902-square-foot building with 3 car bays situated on a spacious two parcels, gated 9,531-square-foot (0.22-acre) lot. Originally built in 1971, this site most recently operated as a successful towing and auto service center still equipped with a car lift. The existing layout and secure lot offer an ideal setup for a commercial garage, or a variety of other commercial uses. Park a big mac truck right in this little garage before someone else does.

1001 E 30th Street, Indianapolis

$380,000

22107440 MLS

Rare four-parcel mixed-use offering totaling 0.36 acres (15,682 SF) in a rapidly appreciating near-south Indianapolis corridor, easy interstate access, minutes from downtown, Fountain Square, and Bates-Hendricks. The 4,380 SF two-story building provides flexible owner-user space: a ground-floor office and rear warehouse served by a drive-in door (10' W x 9' H, with height-expansion potential), plus a recently renovated upper-level 2-bed/1-bath apartment suited to live-work use or rental income. Heating is provided by a functional boiler-and-radiator system; newer roofing covers the front office and residential portions, while the rear warehouse has an older flat roof. Three of the four contiguous, separately platted lots are vacant, offering expansion, parking, or redevelopment flexibility amid active land assembly in the immediate area. Delivered vacant for immediate occupancy - a versatile value-add or assemblage opportunity. Buyer to verify zoning and square footage.

2121 Madison Avenue, Indianapolis

$3,900,000

22108271 MLS

Rare opportunity to acquire a well-maintained, mixed-use investment property in the heart of Indianapolis. With over 20,000 square feet, this versatile site is zoned CBD-2, allowing for a wide range of uses including retail, office, and multifamily development. The property provides immediate income with tenants in place while offering exceptional flexibility for redevelopment or owner occupancy. Building features include elevator service, a dry sprinkler system, energy-efficient LED lighting throughout, and new AC units within the last 5 years. Over 20 paved parking spaces are included, with an additional gravel lot for more parking or future development potential. Located in the thriving Market East District, the property is minutes away from Mass Ave, the Cultural Trail, Gainbridge Fieldhouse, and some of the best dining in the city! Whether you're seeking a stable investment, value-add opportunity, or future redevelopment play, this site offers a unique combination of location, flexibility, and long-term upside in one of Indy's most dynamic urban corridors.

536 E Market Street, Indianapolis

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