Building offers 12 studio apartment units located near Fountain Square and just minutes from downtown Indy. Adjacent to the building is a paved parking lot allowing for 8 vehicles and has additional street parking. Tenants currently have month to month leases and rent includes water/heat. Owner is selling 2 parcels (Listing ID's #22078931 & #22078961) together and does not want to separate.
Welcome to 2438 Guilford Ave, a stabilized 8-unit multifamily investment opportunity in the heart of Indianapolis' rapidly improving Reagan Park neighborhood, where new development & reinvestment continue to drive long-term value. This solid asset features a desirable unit mix of 4 1-bedroom/1-bath apartments renting at $800/month and 4 efficiency units renting at $550/month, all with tenants in place, generating a strong $5,400 in monthly gross income from day one ($64,800/yr). Several improvements have already been completed, reducing future maintenance and capital expense exposure. Updates include new electrical and plumbing, Hardie siding, roof (2 yrs old), and 2 new furnaces, offering investors peace of mind and improved operating efficiency. Located near downtown amenities, employment centers, and ongoing neighborhood revitalization, such as the new development of the Arnold Place, this property is well-positioned for continued tenant demand and potential rent growth. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a growing area, this delivers immediate cash flow with long-term upside.
Wow! Auto Body Shop Business & Irvington Staple Since 1929! Originally the Sheridan Ave Garage, but mostly Delk's Body Shop since 1969. Awesome opportunity for this price at a location like this! High Traffic Volume, NAPA Auto Parts next door & a mile from Speedrome Race Track. Price is discounted for some needed updates but has been operating as business to date. **NOTE: As of 2026, Seller may consider a contract sale with 50% down +/-, and a Short-Term Mortgage.** Needs general updates to bathroom, plumbing, electrical & heating as new owner desires. Air Compressor & miscellaneous equipment will be included at sale price but some minor contents to be removed. Has a Large 10 Foot Overhead Door & large open workspace inside for 4-5 car working capacity & room left over. 11x9 Office at front of building & a 6x6 bathroom space in the rear of the building. Had overhead natural gas heat in the past, but units would need repair or replacing. Solid block building with a recently painted exterior. Rubber roof & driveway in last 10-12 years. Just needs general clean up & mechanical updating. Staked Survey included & a recent property line correction with deeded correction in December 2023. Note: A much smaller Auto Body Shop in the 2300 block of US 40 sold for $360,000 in 2022 and was a smaller metal panel framed building, quite inferior to 8 N. Sheridan structurally, but that building was updated. 24-48 hours notice to show is required & written Proof of funds to purchase are required prior to showing. AGENTS: "Do not pull or step onto premises without prior authorization", building is monitored. Sold strictly "As Is", Cash or as noted above. Inspections for informational purposes only. 5% Earnest Money required upon acceptance. Prelim title insurance with First American Title. See attachments for other details. The corner lot has sold, so only the Auto Body Shop is for sale now. Corner lot owner "may" allow overflow parking w/permission.
5 Properties Package! This is a rare investment opportunity to own 5 consecutive lots in Mapleton Fall Creek! This includes an occupied duplex, a single-family home (SFH) and 3 perfect vacant lots -- all totaling .60 acres. The vacant lots could be ideal for a multi-family new build or maybe even develop across all 5 lots. There's already new construction completed & in progress all around these lots. The duplex has 3 bedrooms, 1 full bath and a basement with laundry on both sides. Grand Total of NINE bedrooms between duplex and SFH. The duplex also has independent electrical meters for both sides. BOTH the SFH AND Duplex have TWO newer high-e HVAC systems. Newer roof on duplex. The SFH features a covered front porch & open back deck off the kitchen, solid hardwoods, built-in shelving & seating bench, recessed lights & dimmers, custom blinds, a coffered ceiling, spacious full basement, kitchen exhaust to the outside, 3 bedrooms, 2 full bathrooms, 2 kitchens, 5 planter boxes, storage shed & a nice gazebo with a concrete pad. Also, a NICE chicken coop is in place. There's a hot tub on vacant lot (L16) with its own electrical meter & 200 Amp breaker box already in place! 30-amp RV plug-in is ready. EV Plug in front. All fully fenced to include all vacant lots too. Gorgeous perennials all around. Great opportunity for the savvy Buyer.
Rare opportunity to acquire a highly visible property positioned on N Central Avenue in Indianapolis' vibrant Near Northside neighborhood. Close proximity to popular amenities - local eateries, parks, coffee shops, and entertainment venues - and just minutes from downtown, the Cultural Trail, and major employment hubs. The property has alley access garage/storage with a roll-up door, perfect for service access, deliveries, and flexible commercial operations. Ample on-site parking spaces at the front of the lot allow convenient customer parking - a premium feature for urban settings. High frontage visibility on Central Ave ideal for elevated exposure in a desirable corridor. This site is in a walkable urban setting. Ideal for professional office, coworking space, wellness center or medical/dental suites.
Renovated warehouse building for sale located south of Fountain Square near downtown Indianapolis. Less than one mile from I65. The building is demised into three spaces and currently vacant. Recently renovated offices, bathrooms, and warehouse. Small office spaces in each unit with AC/Heat C5 zoning supports variety of uses including Contractor Storage, Automotive Sales/Repair, Storage, Warehousing, Wholesale Businesses, etc. Ideal for an investor or owner-user to hold for cashflow with future use of the space. Contact broker to schedule a tour.
Located in Garfield Park, this hard corner offers excellent visibility and easy access to major corridors. This location benefits from steady neighborhood traffic and proximity to one of Indianapolis's most active community hubs. C-5 zoning allows for a wide range of uses including Gas Stations, Retail, office, and auto related operations. Two-Tenant building on site was remodeled in 2025, offering a refreshed and functional space for a variety of business types. Well Positioned on the corner of Shelby and Troy this site is just minutes from I-465!
1340 N Park Ave is a fully leased, heavily updated five-unit building in the heart of the Old Northside-one of Indianapolis's most historic and walkable neighborhoods. This property delivers strong income, long-term tenants, and a level of stability that is hard to find in today's market. Each residence offers two bedrooms and two bathrooms with updated kitchens, refreshed baths, modern layouts, and in-unit laundry hookups. The penthouse stands out with its private rooftop deck and downtown views, and all tenants benefit from assigned off-street parking. The building is 100% occupied with no leases coming due soon, creating a steady, low-maintenance investment. Current income totals $13,100 per month, or $157,200 annually, supported by high demand for quality rentals in this neighborhood. The location places tenants just minutes from the Bottleworks District, one of Indianapolis's most vibrant destinations for dining, entertainment, and boutique retail. The Old Northside's historic charm and consistent appreciation make it a reliable setting for long-term ownership. 1340 N Park Ave is an ideal opportunity for an investor seeking a clean, updated, and turn-key building with strong rents, reliable tenants, and a location that continues to grow in value.
Prime Commercial Property with Parking High-Traffic Sherman Drive Corridor Unlock exceptional business potential with this versatile commercial building located just north of 30th Street on Sherman Drive. Positioned in a high-traffic, high-visibility area, this property offers outstanding exposure for any business looking to establish or expand its presence. Currently operating as a barber shop and beauty shop, the building features flexible interior space, a large overhead door, and dedicated storage areas, making it ideal for a wide range of uses. With C3 zoning on the building and the adjacent lot zoned D5, this property offers impressive versatility for retail, personal services, durable goods sales, and other commercial opportunities. The site also includes a private parking lot, providing convenient access for customers and employees - a valuable asset in this bustling corridor. Whether you're an owner-occupant or an investor, this property delivers strong potential in a rapidly developing area with excellent drive-by traffic.
Location, Location, Location!! Corner Lot. A historical style structure located on a historical named street: Dr Martin Luther King, Jr Street. Zoned C-4! Are you looking for an Opportunity Zone? This is it: Entrepreneurs, bed/breakfast, Office, retail, multifamily/single family, daycare, group home, church, retail, gym, restaurant, office and more. Features: handrails, gutters, porch, fresh exterior paint and more. Structure is completely gutted and ready for a new designer to create the interior. Located near downtown, hwy, hospitals, event centers, Universities, parks, school, church, upcoming/new development and more. Possibly 10 bedrooms (5 on each side). Possible contract with 10% down/terms/conditions TBD. Some fire damage to roof.
GREAT Business Opportunity! 2 INCOME Producing buildings all on one parcel! HIGH TRAFFIC AREA. Both buildings must be bought together - owner will not divide. One building is leased to a restaurant for $3500 a month with tenant paying all utilities. The tenant's lease is up July 2026 but the tenant would like to stay. The other building has at least 3 areas that can be leased. One area was leased to a daycare center that was paying $3500 a month. Another area has 4 private offices, reception area, front desk area and a large conference room with breakroom. This area could be used for attorneys, insurance, real estate office, etc. This has been leased for $3500 a month in the past as well. And the 3rd area is a warehouse area or auto supply area which could be leased for $2500 a month. That is a potential of $13000 a month with the tenants paying utilities. Very near to the Fountain Sq. development and the Justice Department development. Approximately 1 1/2 miles to downtown Indianapolis and less than 1 mile from I-65 access. Good solid buildings waiting for your good solid business sense. Have your office here and collect rents on the other areas or just have an investment. Get to choose your tenants! Many possibilities. Increase your wealth.
10-unit Single Room Occupancy (SRO) property offering strong income potential. The building features five units on the upper level and five on the lower level, each with a private bathroom. Shared kitchens, living rooms, and laundry facilities are located on both sides, creating a balanced and functional layout for tenants. Excellent opportunity for an investor seeking steady cash flow or the potential to continue developing on the adjoining lots which can be purchased alongside the building at a separate offering. Listing broker for financials and touring.
Incredible business opportunity on highly visible US-40 frontage! Perfectly positioned near the Indianapolis International Airport, and just minutes from Indianapolis and Plainfield, this property offers exceptional access and exposure for a wide range of commercial uses. The site includes two vacant parcels for future development and an existing Office Building, providing immediate functionality and long-term growth potential. The office building features three private offices, a conference room, a storage room, and flexible space ideal for daily operations. With its strategic location and strong traffic count, this property is ideal for businesses seeking visibility, convenience, and room to expand. Don't miss this chance to secure prime commercial real estate!
Unique opportunity to own a versatile property with both residential and commercial potential. This home has long served as the maintenance office for an Ameriplex maintenance and offers a flexible layout ready for a variety of uses. The property includes an attached 1-car garage, a detached 3-car garage, and an additional storage shed, providing ample space for vehicles, tools, and equipment. Set on a convenient and accessible site, the structure could easily transition back to a private residence, continue as a support facility, or be repurposed for small-business operations. With its solid construction and generous storage, this property combines practicality with potential-perfect for tradespeople, small contractors, or investors seeking adaptable space in a prime location.
Commercial opportunity on West Washington Street! Nearly 1500 sq ft on the main level, completely updated with new carpet, paint & more! Full unfinished basement, great visibility along a busy corridor and includes TWO detached garages. The property also offers convenient access to public transportation right in front of the building. Located just minutes from I-465 and I-70, it provides quick access to downtown Indianapolis and the airport. Nearby conveniences and steady traffic make it a practical spot for an office or business.
The building consists of 1320 sq.ft. of ground floor and an additional 300+ sq.ft. of utility area on the second level. Two large overhead doors and one smaller overhead door lend the structure to use as storage or a workshop. Numerous potential uses as permitted by the Marion County Zoning Ordinance. Located just minutes from the interstate and the central Indianapolis area.
Prime Redevelopment Opportunity East 10th Street Corridor This Near Eastside commercial property offers a rare chance to invest in the thriving Brookside / East 10th Street corridor. Comprising three parcels (1040860, 1090593, 1010125) totaling 0.38 acres within an Opportunity Zone, the site is ideal for investors seeking strong growth potential and tax advantages. Featuring high visibility, wide frontage, and ample parking, the property is zoned for retail/commercial use and primed for adaptive reuse or redevelopment. Perfect for a retail flagship, restaurant, creative studio, or mixed-use concept, it offers flexibility to match market demand. With its strategic location, redevelopment potential, and Opportunity Zone benefits, this property is ready for its next chapter in one of Indianapolis's fastest-evolving corridors.
Endless possibilities in a rapidly revitalizing pocket of Indianapolis! This MU-2 zoned commercial building offers unparalleled flexibility for builders, investors, and visionaries. Purchase individually, pair them together, or secure all three for a powerful redevelopment footprint just minutes from downtown Indy. Or, double up and buy the entire corner and include 2 more parcels for sale that can be bundled into this deal at 1705 & 1719 Southeastern. Located in an area experiencing active neighborhood transformation-with nearby homes being renovated, modernized, and sold quickly-this is a rare opportunity to shape the next phase of growth. MU-2 zoning allows for a wide range of uses, from residential builds to commercial storefronts, mixed-use concepts, live/work spaces, or an urban infill development that fits the momentum of the surrounding community. Whether you're planning a single project or assembling a multi-parcel investment, this location sets the stage for long-term value and exceptional potential. The possibilities here are wide-open-bring your ideas and create something incredible.
This prime small business space on West 16th Street in Indianapolis is conveniently located within walking distance of the iconic Indianapolis Motor Speedway. Previously operating as a beauty salon, the property is equipped with plumbing available for five shampoo bowls and salon stations, a welcoming reception desk, and a public half-bathroom. An adjacent office room is pre-plumbed for a shower, offering additional flexibility. The back area includes a kitchenette and two separate office spaces, while the basement provides ample storage. The spacious backyard, previously utilized as customer parking, adds significant convenience. While the property tax record lists the zoning as residential, it has been zoned C4 Commercial property by the City of Indianapolis.
Currently used as a Real Estate office but has other possibilities. Located on bus line across from library. Freshly painted with a basement and 2 car garage
Incredible opportunity on a Corner Lot on Michigan Road! This sprawling property has over 8,000 Square Feet and even has a separate Office space that is like its own little guest house. Not many places in the area offer this much square footage, updates, and amount of land as this place does (.87 acres). Perfect for general office, medical therapy, daycare/school....you name it! Zoned C3 it has many uses it can be. Plenty of parking and easy access. Great Street Frontage for advertising your business. Very little updates that need to occur with this building. Come see quick for this great opportunity!
This commercial property offers unmatched visibility, and potential. Perfectly situated in one of the city's most vibrant business districts, this property features excellent street frontage, parking lot, and close proximity to major highways and downtown amenities. With over 5700 square feet and 16 different offices, copy rooms, and kitchenettes this building offers versatile space ideal for professional offices. The structure is solid and well-maintained, with large windows providing great natural light and a functional design that lends itself to a wide range of possibilities. This prime location offers incredible exposure with high daily traffic counts and easy access to major thoroughfares, public transportation, restaurants, and shopping. The property includes a private parking lot with additional on-street parking available, providing convenience for both staff and clients. The surrounding area continues to experience strong growth and development, making this an excellent investment opportunity for long-term success. Whether you're an investor seeking a high-demand location or a business owner ready to elevate your presence, this property delivers the perfect combination of visibility, convenience, and potential. Don't miss your chance to own a premier commercial space in one of the city's most desirable areas!
Prime commercial opportunity on Indianapolis' east side! This 1,743 SF standalone building sits on a 0.43-acre corner lot with excellent visibility and access along N Arlington Ave. Zoned C-4, the property allows for a wide range of high-intensity commercial uses, including gas station, convenience store, automotive, retail, office, or redevelopment. The site features strong traffic counts, ample parking, and frontage on a busy corridor connecting residential neighborhoods and main thoroughfares. Ideal for an owner-user or investor seeking a versatile property with outstanding exposure and long-term growth potential.
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.
Proposed New Construction 8-Unit Townhome Project in Midtown Indianapolis Opportunity to invest in a new eight-unit development in Mapleton-Fall Creek, just minutes from the $4B IU Health Downtown Hospital (completion Dec 2027). This permit-ready project features eight modern, 2- and 3-bedroom townhomes ranging from ~1,300 SF. Flexible ownership via forthcoming Horizontal Property Regime (HPR) allows either individual sales or full property retention under one owner. Built by Paradigm Construction & Development, a local grassroots builder focused on quality and community revitalization. Parcels: 1) 2959 Ruckle St. - 1035815 2) 2953 Ruckle St. - 1063847 3) 2949 Ruckle St. - 1059415
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Indianapolis is located in Indiana. Indianapolis, Indiana has a population of 880,104. Indianapolis is less family-centric than the surrounding county with 26.56% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana is $54,321. 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 Indianapolis is 34.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.
