An exceptional opportunity presents itself with the offering of 505 Main Street, a meticulously renovated commercial asset situated at the heart of Beech Grove's historic and highly trafficked Main Street corridor. The property is secured by a Triple Net (NNN) lease with an exemplary salon tenant whose operational performance is outstanding and whose rental obligations are current. This long-term lease extends through May 31, 2029, providing a stable and predictable income stream for years to come. With the tenant responsible for taxes, insurance, and maintenance, ownership offers a truly passive investment structure with minimal landlord involvement. The building has undergone a complete transformation under the direction of the seller, a highly regarded general contractor whose expertise is evident in every aspect of the renovation. Modern systems, refined finishes, and an intelligent layout have been incorporated to ensure longevity, functionality, and aesthetic appeal. Positioned prominently along Main Street, the property commands exceptional visibility to consistent daily vehicular traffic while benefiting from robust pedestrian activity generated by neighboring restaurants, cafes, boutiques, and professional services. This vibrant commercial environment fosters strong tenant performance and long-term stability. Beech Grove itself is a community on the rise-combining small-town character with immediate access to downtown Indianapolis. A revitalized Main Street, engaged civic leadership, and a steady influx of new businesses and residents have created a pro-business climate and a compelling investment landscape.
Exciting redevelopment opportunity in the heart of Beech Grove! Two adjoining commercial buildings on separate parcels with excellent Main Street visibility, street parking, and a private rear lot. The town has done some amazing sidewalk and landscaping. Building 1 features 3 private offices, a large reception area, an open flex space, one bathroom, and a kitchenette. Recently vacated and in good condition-ideal for office, retail, or service use. Building 2 is a shell with block walls in place and a NEW ROOF installed. It will been completely refinished for your use. Perfect for owner-occupant or investor looking for strong potential. Seller financing available with as little as 20% down. Seller may consider adding in the cost of HVAC, or other repair to the price for seller financing with the right offer. Don't miss this opportunity to shape the future of downtown Beech Grove!
Property has been used as a Church building for a number of years. Perfect to continue as that or other possibilities as well for possible office, retail, service, community center or convert into residential. May require zoning change, depending on use. Parking on site and a nice area in the rear of the building that was used as a gathering space with kitchen facilities. Basement under the main area of the building. Building is currently being remodeled, so watch your step!!
Amazing visibility and Curb appeal***Well Maintained stand alone building with 4044 sq feet in the heart of Beech Grove**Unique glass block windows at the entrance**The property is 4 lots and includes a private parking lot**Currently 100% occupied with 3 tenants - one leased until Aug 2026, one is long term - 26 years**Office spaces and restrooms in each space**C-4 zoning supports many uses***Perfect for investor or owner-use***2 meters for utilities***Exterior freshly painted and caulked****
Discover an exceptional opportunity to acquire two expansive properties in the heart of Beech Grove, Indiana, totaling nearly 20,000 square feet. Strategically located just off the Emerson Avenue exit of Interstate 465, this offering ensures unparalleled accessibility and visibility. Primary Property: Historic Church: This distinguished church exudes classic Methodist architecture, featuring elevated ceilings and exquisite stained glass windows that bathe the interior in natural light. The spacious sanctuary provides a serene atmosphere, complemented by a fully-equipped kitchen ideal for gatherings and events. Additionally, the property includes turnkey spaces suitable for a school or nursery, offering versatility for various community-centric endeavors. Secondary Property: Multifunctional Facility: The accompanying building serves as an additional gathering place for worship and offers supplementary space for educational purposes. Its adaptable layout invites customization to suit a multitude of uses, from community centers to specialized training facilities. Community Highlights: Beech Grove, Indiana: Nestled within the Indianapolis metropolitan area, Beech Grove is a city that harmoniously blends small-town charm with urban amenities. Residents and visitors enjoy a vibrant Main Street lined with local shops and eateries, fostering a close-knit community atmosphere. The city is home to several parks, including the scenic Sarah T. Bolton Park, which offers walking trails, picnic areas, and hosts community events throughout the year. Beech Grove's independent school system and dedicated public services further enhance its appeal as a desirable location for families and businesses alike.
The Grove Sports Bar is ready for its next owner/operator! This sale includes the business and building. New flooring, appliances, HVAC, counters, and much more! Current owners have revamped partnerships with neighborhood businesses to engage lunch crowds, invested in profitable gaming systems and leagues, and have launched the bar into a new era. Sale will include all you need to hit the ground running as soon as you close, including a 210 Liquor License. This could be the perfect opportunity for you to jump on a revitalized and growing business in a great location.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

Listings courtesy of MIBOR as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or 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. Properties displayed may be listed or sold by various participants in the MLS. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.
Beech Grove is located in Indiana. Beech Grove, Indiana has a population of 15,202. Beech Grove is more family-centric than the surrounding county with 29.3% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Beech Grove, Indiana is $45,345. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Beech Grove is 36 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 19.1 degrees. The average rainfall is approximately 42 inches per year, with 21.7 inches of snow per year.