Located in a high-demand area with easy access to Downtown Indy, Greenwood, and major highways, this .84 acre property is positioned for strong business potential or maximum tenant appeal. This totally remodeled 1,808-square-foot ranch is an exceptional turn-key addition to your rental portfolio. The high-ticket capital expenditures are already covered, featuring a roof replaced in 2018 alongside a high-efficiency gas furnace, central air conditioning, and a gas water heater that are all under 5 years old. Inside, the extensive value-add renovations include durable new luxury vinyl plank flooring, fresh paint, a private primary ensuite, a beautifully finished hall bath, and a flexible private office space that can easily serve to maximize rental income. The home boasts a living room that opens to a modern kitchen equipped with custom cabinetry, stainless steel appliances, and premium butcher block countertops. Outside, the massive, privacy-fenced lot is complemented by new front and back concrete patios, an oversized two-car garage, and a long driveway providing ample parking. Just minutes from local shopping and dining, this low-maintenance, fully updated asset represents a secure, high-yield opportunity ready for immediate occupancy.
Located in the heart of downtown Indianapolis, 108 E. 9th Street offers a rare combination of historic character, professional functionality, and walkable urban living. Originally built in 1898, this substantial brick property has the presence and architectural detail that are difficult to replicate, while its current use as a law office demonstrates the flexibility of the space for today's professional user. With approximately 3,034 square feet across three levels, the property provides room for private offices, meeting areas, workspaces, client reception, or a unique live/work environment. Inside, natural light, high ceilings, original woodwork, built-in features, and five fireplaces create a distinctive setting that feels completely different from a typical office building. A dramatic central stairwell connects the three floors and creates an impressive architectural focal point. The property also features an updated kitchen, formal dining area, library, upper-level laundry, wired-for-data infrastructure, central air, natural gas heating, and a recently reconstructed two-story wraparound porch with elevated city views. A brand-new roof adds another important advantage for the next owner. Step outside and you are surrounded by the best of downtown Indianapolis. The Central Library, Mass Ave, American Legion Mall, Monument Circle, restaurants, coffee shops, entertainment, cultural attractions, hotels, and downtown businesses are all within an easy walk. Mass Ave is one of Indianapolis' signature cultural districts, known for its independent restaurants, boutiques, galleries, theaters, nightlife, public art, and walkable streetscape. The Cultural Trail and nearby bike infrastructure make it easy to move throughout downtown without getting in a car. Just north, Bottleworks District adds another major amenity to the neighborhood, with the Bottleworks Hotel, The Garage Food Hall, restaurants, retail, entertainment, office space, and Living Room Theaters.
Great opportunity to acquire a 3-unit retail/commercial building offering approximately 2,350 square feet on a 6,120 square foot lot in the Near Northwest Riverside area of Indianapolis. Conveniently located just minutes from Downtown Indianapolis, this property offers excellent potential for an investor looking for a value-add commercial opportunity. The property features three separate retail spaces, providing flexibility for multiple tenants, owner-user possibilities, or a combination of uses. The building does need some repairs and improvements, creating an opportunity for a new owner to renovate, reposition the property, and potentially increase rental income and overall value. The location provides convenient access to Downtown Indianapolis, major thoroughfares, surrounding neighborhoods, businesses, and area amenities. With the right improvements and leasing strategy, this property has the potential to provide multiple income streams, attractive cash-flow potential, and long-term investment upside. Property Highlights: - 3 retail/commercial units - Approximately 2,350 SF building - Approximately 6,120 SF lot - Near Northwest Riverside location - Just minutes from Downtown Indianapolis - Value-add opportunity - Repairs needed - Multiple potential income streams - Potential to increase rents and property value Bring your vision and investment strategy. This could be an excellent opportunity for an investor, owner-user, or someone looking to add a value-add commercial property to their portfolio. Property is being sold as-is. Buyer to verify zoning, permitted uses, measurements, condition, utilities, financials, and all information important to the buyer.
This building is currently set up as 7 units - 2 units are 1bd 1bath = There are 2 units with 3bd 2bath - 2 units with 3 Beds 1 bath - There is one very large 2bd 1 bath that should be divided to 2 units. Based on the rent schedule for the apartment complex immediately to the East of this building & current Section 8 allowable rents you can expect Gross Rents to be at $125,000yr (@100% occupancy). Once the rehab/cash out is complete you'll have a Building worth approx. 1.2 - 1.4 mil. The Building was stabalized & the roof & decking were torn off & replaced in the summer of 2023. The building is gutted to the studs. All 7 sewer lines are clear to the street (July 2026). The parking lot is large enough to park Food Trucks or add storage or a laundry room. A fresh survey and 8' privacy fence along the North Side have been completed. The walking traffic is huge in this area - Placing vending machines in the alcoves could generate significant additional income. A recent survey & interior scan is now available. The East side of Indianapolis is considered a good rental area with grocery choices, shopping, mass transit (1 blk away) and entry level and labor jobs available close by. The pictures have been updated and video added.
### Highly Visible C-4 Commercial Corner Property - Indianapolis Proudly presenting an excellent commercial opportunity in a densely populated residential area of Indianapolis, Marion County. This highly visible C-4 zoned property contains approximately **0.36 acres (15,489 square feet)** and features an approximately **860-square-foot retail/shop building**. The property offers prominent corner exposure, convenient access, and strong redevelopment or owner-user potential. Possible uses may include: * Automotive repair or service shop * Gas station or convenience-store concept * Retail business * Professional office * Vehicle related automotive use * Other unlimted uses permitted under Marion County C-4 zoning The offering includes **two separate parcels that must be purchased together**. With excellent visibility and a location surrounded by dense residential development, the property may be well suited for a neighborhood-serving retail, automotive, office, or service business. **Buyer Disclaimer:** Buyer must independently verify zoning, permitted uses, availability of utilities, parcel dimensions, building size, environmental conditions, and all required governmental approvals.
Online Only Real Estate Auction! Bidding open and closes Tuesday, October 27th @ 2pm ET. 2,786 SF retail building on approx. 0.25 acres. Display shelving included. Open House Tuesday, October 13th 1-3pm ET.
Excellent opportunity to own a highly visible commercial property with an established retail setup, ample parking, and strong street presence. Ideal for a grocery market, restaurant, retail store, or other business use. Great potential for an owner-user or investor.
LOCATION, LOCATION, LOCATION! FANTASTIC OPPORTUNITY FOR A SMALL OFFICE OR CREATIVE BUSINESS SPACE LOCATED IN THE HEART OF NORTHEAST INDIANAPOLIS. WITH ITS PRIME "ON THE CORNER" LOCATION WITHIN THE PRESTIGEOUS REGENCY CENTRE DIRECTLY ACROSS FROM COMMUNITY NORTH HOSPITAL. WITH IMMEDIATE ACCESS TO I-69 & I-465 THIS HIGHLY VISIBLE 1800" BUSINESS PROPERTY IS SURROUNDED BY THRIVING COMMUNITIES SUCH AS GEIST, FISHERS, AND CASTLETON AND IS IN THE IDEAL SPOT FOR A MEDICAL, INSURANCE, ATTORNEY OFFICE OR POSSIBLY A YOGA/HEALTHCARE CENTRE! PROPERTY HAS BEEN PREVIOUSLY USED AS A MEDICAL OFFICE FOR 15 YEARS PROVIDING PROFESSIONAL OFFICE USERS A SETTING WITH EXCELLENT REGIONAL ACCESS AND AMENETIES.
Beautifully remodeled 3,400 sq ft building used a daycare center! Previously was Missionary Bible Baptist church for 44 years and St. Raphael Catholic Church. Includes a 2 bedroom 1 bath suite separated by a wall which can be be lived in or leased out. Building has office space inside. 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.
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.
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.
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
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!
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.
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.
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.
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.
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.
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.
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!
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.
* 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!
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
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.
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.
