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$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

$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

$1,750,000
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

$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

$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

$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

$2,900,000
22105936 MLS
Unbeatable investment opportunity to own this 6-plex as a package with other Indy properties operating as 4.8-star and above airbnb and get their ratings. These mid-term furnished rentals (15 units in total)- 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses),1529 Kennington (2br/1ba SFH) and 5724 Julian each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the renovations, the basement was transformed to create a laundry room, supplies room and storage rooms. Additional highlights include a parking lot with 6 dedicated parking spaces at the rear of the property with space for 2 extra spots. All properties currently operate as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, these property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.

5724 Julian Avenue, Indianapolis

$275,000
22105107 MLS
Unlock the potential at 3611 E. 34th Street! This unique property offers an exceptional opportunity for churches, nonprofits, entrepreneurs, investors, and community organizations seeking a highly visible location with ample outdoor space. Currently configured for ministry use, the property sits on a generous parcel with room for expansion, recreation, community events, and outdoor programming. Imagine the possibilities: a thriving church campus, youth or sports ministry, daycare, community outreach center, food pantry, farmers market, neighborhood marketplace, educational facility, counseling center, office space, or nonprofit headquarters. The expansive grounds provide plenty of room for athletic fields, playgrounds, community gardens, outdoor worship services, festivals, and special events. Strategically located near major thoroughfares on Indianapolis' east side, this property offers excellent accessibility and visibility while serving a densely populated area with significant community growth opportunities. Existing features include gathering space, kitchen facilities, office areas, restrooms, parking, and flexible interior layouts that can be adapted to meet a variety of needs. Whether your vision is to expand a ministry, establish a community resource hub, create a neighborhood market, or develop a multi-purpose campus that serves the surrounding community, 3611 E. 34th Street provides the foundation to bring that vision to life. Rarely does a property with this combination of location, flexibility, parking, and usable land become available. Endless possibilities await!

3611 E 34th Street, Indianapolis

$685,000
22103728 MLS
Position your brand at one of Indianapolis' most visible northside retail corridors with this high-exposure restaurant/QSR opportunity at 5527 N Keystone Avenue. Formerly home to a long-standing local donut concept and currently configured for restaurant use, this highly recognizable site offers the exact characteristics national and regional QSR operators seek: signalized access, exceptional visibility, prominent signage, strong vehicle counts, dedicated parking, and potential drive-thru adaptability. Strategically located along the heavily traveled Keystone Avenue corridor near 56th Street, this site benefits from significant daily traffic flow and strong surrounding retail synergy, placing your brand in front of thousands of consumers every day. Positioned between Subway and Wendy's and across from Meijer Super center, this location offers built-in customer awareness and proven food-service viability. The building offers approximately 1,795 square feet of restaurant-ready space, ideal for quick-service, fast casual, coffee, dessert, beverage, sandwich, chicken, burger, taco, or specialty concepts. Existing restaurant infrastructure, combined with a flexible layout, can significantly reduce time-to-opening and buildout costs for the right operator. Fantastic location and condition. New roof 2023, New parking lot 2023, New RTU 2024, new build out 2023 on inside, New dumpster enclosure 2025. High traffic count and visibility with large monument sign. The current tenant has a 10-year lease.

5527 N Keystone Avenue, Indianapolis

$499,900
22101527 MLS
Proudly presenting this prime redevelopment opportunity on busy East 38th Street directly across from the Indiana State Fairgrounds. This 0.61-acre commercial land parcel is fully paved and strategically positioned on the corner of East 38th Street and Guilford Avenue, offering approximately 200 feet of frontage on 38th Street and 124 feet on Guilford Avenue. The property features three street cuts for excellent accessibility - two access points from 38th Street and one from Guilford Avenue. Currently operating with a tenant-occupied convenience store, the existing structure may continue generating income, be renovated, or potentially torn down for new development. Zoned "Multi-Use," this site offers exceptional flexibility for a wide variety of projects, including: * Apartments / Multifamily Housing * Mixed-Use Developments with Retail Below & Residential Above * Office Buildings * Restaurants & Cafes * Retail Stores * Medical Offices * Community Centers * Professional Service Businesses High-visibility location with strong traffic exposure makes this property ideal for investors, developers, and business owners seeking a premier urban corridor location in Indianapolis. Additional zoning variances for intended use may be possible; buyers are advised to verify all zoning and development possibilities with the City Zoning Department. Don't miss this rare opportunity to secure a versatile commercial corner in one of Indianapolis' most active growth corridors.

821 E 38th Street, Indianapolis

$4,350,000
22100847 MLS
49,000 SF industrial facility available for sale in Indianapolis' highly desirable southwest industrial submarket. Situated on 3.34 acres with immediate access to I-465 and minutes from Indianapolis International Airport, this property offers a functional layout for owner-users, contractors, distributors, light manufacturers, and service industrial operators. The building features 4 dock-high doors, 1 drive-in door, approximately 6,000 SF of office buildout, 30' x 30' column spacing, and 16'4" clear height. The site provides ample parking and truck circulation, making it well-suited for fleet operations, warehousing, equipment storage, regional distribution, manufacturing, or a corporate service headquarters. Zoned I-3 (Heavy Industrial), the property allows for a wide range of industrial uses rarely available in infill Indianapolis locations. The facility offers a strong combination of accessibility, functionality, and flexibility for both investors and owner-users seeking long-term operational value. Located less than 1 mile from I-465 with convenient access to I-70, Sam Jones Expressway, and Indianapolis International Airport. Surrounded by major logistics, transportation, and industrial users.

2334 Production Drive, Indianapolis

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.