Indianaregroup.com Search Results

$369,000

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.

22124518 MLS

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

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.

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

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.

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

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.

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

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.

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

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

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

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!

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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!

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

* 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!

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

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.

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

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

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

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.

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

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.

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

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.

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

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.

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

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.

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

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.

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

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

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

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**

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

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

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

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.

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

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.

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