Checkout this office building on a busy business corridor, ready and available for use. Newly redone asphalt parking around the building. Building was previously a financial service office building and already has the conference rooms and cubicles carved out. Ideal use include medical, law, dental, CPA, financial services, Bank use.
Investor special in the heart of Garfield Park! Located at 2605 Shelby St, this 6-unit property sits directly across from the park in one of Indianapolis' fastest revitalizing neighborhoods, just minutes from downtown and steps from the Red Line. Walkable to local favorites like Parkside Public House, Cafe Babette, Skosh Coffee House, and the Garfield Park Branch Library. This fully gutted, down-to-the-studs asset is partially framed and ready for completion-offering a true value-add opportunity with significant upside. The unit mix includes two 1BR/1BA units (~500 sq ft each), three 2BR/1BA units (two ~500 sq ft and one ~1,000 sq ft), and one 3BR/2BA unit (~1,150 sq ft). A full renovation is required, including all major systems (plumbing, electrical, HVAC), drywall, and complete interior finishes. The property consists of two connected structures: a two-story building with one unit per level, and a single-story concrete block/brick building housing the remaining units. With construction at the framing stage, investors can tailor layouts and finishes to support long-, mid-, or short-term rental strategies-an ideal fit for this high-demand area. A scope of work is available, and a contractor is in place and ready to complete the project for buyers seeking a more turnkey execution. Additional features include a large front concrete patio and rear parking area off the alley. Sold as-is; cash, hard money, or renovation financing only.
Industrial Land for Sale, 1.36-acre, zoned I4, approved for truck parking for 22 trucks. The lot is fully paved, making it an ideal spot for trucking parking, auto related or for any Industrial Use, conveniently located in Marion County, Indianapolis, Indiana.
4-Unit Commercial Value-Add Opportunity Located at 3423 & 3427 W Michigan St, this 6,022 SF commercial property sits on 0.26 acres across two parcels and includes four total units, presenting a strong value-add investment opportunity for renovation and repositioning. The property will require significant improvements and is not currently rent-ready, making it well suited for investors seeking a project-based commercial asset with future income potential. Zoned C-3, the site supports a wide variety of commercial uses, offering flexibility for multi-tenant leasing, owner-user occupancy, or mixed-use repositioning strategies. Positioned along W Michigan St (AADT: 11,156) and located minutes from downtown Indianapolis, the property benefits from strong visibility and accessibility. Following renovations and lease-up, the asset has the potential to become a cash-flowing multi-tenant commercial property. Rezoning may be possible depending on the buyer's intended project scope. The property is being sold in as-is condition.
Turnkey business opportunity to acquire two renovated operations being sold together in a high-traffic Indianapolis location: Thompson Laundry + Smoke Shop at 5202 E Thompson Rd (Suites 188 & 190). Sale includes business and equipment only (no real estate). Both suites have been renovated within the last 2.5 years. The laundromat features an excellent equipment package with 29 washers and 26 dryers, plus 9 additional used washers included in the sale. The smoke shop is included as part of the package, creating additional retail synergy and customer traffic. Thompson Laundry was recognized as a Business Rate "Top 5 of 2025 Indianapolis Awards Winner" in the laundromat category based on verified Google reviews. Great opportunity for an owner-operator or investor seeking a stabilized, proven operation with upside.
Prime value-add retail shopping center opportunity with potential for over a 9.00% cap rate. This established neighborhood center offers 56,556 square feet of retail space across two single-story buildings, situated on approximately 5.36 acres with an expansive 141,540-square-foot parking area providing abundant customer and employee parking. Originally constructed in 1974 and updated in 2017, the property combines seasoned stability with recent improvements, making it suitable for both long-term hold and repositioning strategies. Centrally located at 1107-1163 N Arlington Ave in Indianapolis, Indiana (Marion County), the center benefits from excellent visibility, strong traffic exposure, and convenient access to area interstates, drawing customers from a broad trade area. A wide variety of tenants creates a diverse income stream and steady customer traffic throughout the day. This offering presents a compelling opportunity for investors seeking a well-located, income-producing retail asset with immediate cash flow potential and room for further value creation in the dynamic Indianapolis market.
Great opportunity for business, great location, high traffic area.
Excellent opportunity to acquire this Commercially Zoned land in a growing area. This land is located near an established residential neighborhood.
Located in the highly desirable Fountain Square neighborhood, 1628 Bates St. presents a prime opportunity for investors or developers looking to capitalize on one of Indianapolis's most active growth corridors. Surrounded by a strong mix of renovated homes and new construction, this property sits in an area where demand continues to rise thanks to its proximity to downtown, the Fountain Square commercial corridor, and major commuter routes. Whether you're looking for your next redevelopment project, a potential new build site, or a strategic buy-and-hold investment, the possibilities here are significant. The lot offers strong upside in a neighborhood with continued infill development and revitalization driving momentum. Bring your vision and take advantage of the location, the growth, and the opportunity that this property has to offer. Please note that a new roof system, gutters, and roll up garage door are being installed on the main building. Painting and tuckpointing on this building are also underway. Sale includes lots 49-10-07-106-001.000-101, 49-10-07-106-002.000-101, 49-10-07-106-003.000-101, 49-10-07-106-004.000-101, and 49-10-07-106-007.000-101.
Investor opportunity in the beautiful historic Woodruff Place! This 7-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including new sewer, new Roof, 3 units renovated, 1 bathroom remodel in unit, new water heater, and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.
Investor opportunity in the beautiful historic Woodruff Place! This 9-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including new sewer, new boiler, new water heater, updates to bathrooms in 616, new interior paint in 4 units offering a mix of updated living spaces and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.
Investor opportunity in the beautiful historic Woodruff Place! This 5-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including a new boiler installed at the end of 2025, new water heaters installed in 2025, and two units that have been fully renovated, offering a mix of updated living spaces and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.
Real estate remains the most proven path to long-term wealth - and stabilized, income-producing multifamily assets are where disciplined investors create predictable returns. This 12-unit mix of studios and 1 bedroom property offers immediate cash flow and long-term upside, currently producing a strong 8.1% cap rate with professional property management in place - or an impressive 9.2% cap rate for an owner who chooses to self-manage. Historically fully occupied, the asset has demonstrated consistent rental growth with renewals averaging $20-$25 annual increases, reinforcing both tenant satisfaction and reliable income expansion. The seller has implemented extensive capital improvements and spared no expense to protect the asset and enhance tenant retention. Upgrades include new front and rear entry doors, seven security cameras, two new water heaters, four new furnaces, a new coating on the flat portion of the roof, updated gutters, fascia boards, and soffits. Several units feature new flooring, updated lighting, and refreshed cabinetry. All 12 units are efficient studio layouts with full kitchens and private bathrooms, meeting strong workforce housing demand. An additional room presents a value-add opportunity and could potentially be converted into a 13th unit for increased income. Operational continuity is already in place. One tenant currently receives discounted rent in exchange for assisting with on-site management duties, and established exterior maintenance vendors are set for a smooth transition. All tenants are current, making this a true turnkey investment. Strategically positioned near the I-465 and I-74 interchange, just north of Beech Grove and a short drive to downtown Indianapolis, the property benefits from excellent commuter access and sustained rental demand within the Indianapolis metro. This is a stabilized, cash-flowing multifamily asset with strong returns today and expansion potential tomorrow. Tenant rights apply.
This turnkey investment at 1615 W Edgewood Ave offers a simple, multi-stream revenue model with a fully renovated home and a detached 3-bay shop. The residence has been updated from top to bottom with all-new flooring, fresh carpet, and brand-new appliances, ensuring a low-maintenance asset for the next owner. Both the house and the detached garage-which features a professional car lift-are currently occupied by independent tenants, providing immediate, diversified cash flow. Ideally located on a C-4 zoned lot with easy access to I-65 and the S Harding St corridor.
1 story medical office building a with a full finished basement Located West of Community Hospital. Currently zoned HD-2 Which allows for: Assisted living, medical laboratories, general office, Pharmacy, Florist. The property is in very good condition. Property is currently leased by Daymar through May 31,2026.
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 one unit 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.
Unique Commercial Opportunity - Active Short-Term Rental Near Downtown Rare opportunity to own a commercially zoned property currently operating as a successful Airbnb just minutes from downtown. This beautifully updated two-bedroom, two-bath space offers a flexible layout featuring a spacious loft and an expansive upper deck with stunning city views. Thoughtfully renovated with modern finishes, the interior boasts open-concept living areas, updated kitchen and baths, and abundant natural light throughout. The large loft provides additional sleeping or lounge space, maximizing guest capacity and rental appeal. The private upper-level deck is a true highlight - perfect for entertaining or relaxing while enjoying panoramic skyline views. Located near downtown with excellent walkability to restaurants, breweries, coffee shops, and entertainment, this property sits in a highly desirable area for both short-term rental guests and business visibility. Easy access to major highways, cultural districts, and local attractions further enhances its value. Ideal for investors seeking immediate income potential, entrepreneurs wanting a live/work concept, or buyers looking for a distinctive commercial space in a prime urban location. A rare blend of location, versatility, and income-producing potential - opportunities like this don't come around often.
Owner-occupant opportunity in the heart of historic Fountain Square. This newly renovated 6,590 SF multi-tenant commercial property offers a rare opportunity to occupy the largest suite while maintaining income from two leased spaces. The building is prominently positioned along Shelby Street in one of Indianapolis' most active mixed-use corridors. The property consists of three suites: 1417 Shelby Street totaling 3,640 SF and currently vacant for immediate occupancy; 1415A Shelby Street totaling 1,250 SF and leased through July 31, 2028; and 1415B Shelby Street totaling 1,700 SF and leased through June 30, 2027. The layout provides a strong combination of owner-user space and stabilized tenancy within the same asset. A key feature of the property is its parking configuration. The site includes two separate parking lots, providing flexibility for tenant and customer use. The property offers direct access from Shelby Street, along with alley access to both parking areas, allowing for convenient ingress and egress, service access, and efficient traffic flow. Recent renovations enhance both the functionality and appearance of the building, delivering a move-in ready environment for an owner-occupant while maintaining quality space for existing tenants. The 3,640 SF suite presents an ideal footprint for retail, office, or service-oriented users seeking a strong presence in Fountain Square, with the flexibility to expand into additional space in the future as leases expire. This is a well-located, multi-tenant commercial asset offering immediate occupancy, established tenancy, dedicated parking, and excellent accessibility in one of Indianapolis' most desirable urban submarkets.
Commercial / industrial opportunity in the heart of downtown Indianapolis' near southeast side. This 1.13-acre (49,267 SF) site includes a 2,400 SF single-story commercial building with a drive-in door, a reception/office area, updated full restroom with shower plus shop half bathroom. A separate two-car garage with 572 square feet is located in the back, plus over 3,000 square feet of paved parking. Currently zoned D-5 or C-7 in Marion County Browser, with comprehensive plan potential for rezoning to Light Industrial. This property supports a variety of commercial, contractor, storage, and light industrial uses. Ample yard space, strong flexibility, and convenient access to downtown and major corridors make this a compelling value-add opportunity. Great owner occupant offering or expansion parcel for nearby businesses!
Nice block building zoned C-3, over 1700 Sq ft. of open floorspace with large overhead door. Gas heat and central A/C. New roof in 2019. Ideal for shop or small office. Ready for immediate occupancy.
Built in 2021! 6,300 SF of creative space! WAREHOUSE space with THICKENED SLAB, OFFICE, CO-WORKING, RETAIL, endless possibilities. Boasting large windows for abundant natural lighting and modern finishes throughout, blending coworking space and homey elements to create a beautiful working environment. Various-sized offices, garage door in the back leading to massive finished warehouse space, and a spacious second-floor kitchen with stone countertops and high-end appliances. Custom components by local businesses are found throughout, such as the glassed-in office adjacent to the main entryway. Ideally situated along the growing East Street commercial corridor in the up-and-coming Bates-Hendricks neighborhood. Within minutes of the property, reach numerous restaurants, businesses, recreational facilities, Garfield Park, and Fountain Square. Superior highway connectivity with major area interstates such as Interstate 70 and Interstate 65 just minutes away. For convenient out-of-town travel, the Indianapolis International Airport is about a 15-minute drive away. Parking is a breeze, with three parking spaces in the back (6 if you park tandem) and free street parking surrounding the building. See attached doc for floor plans as well as mock up of the floor plan making the most use of the SF for co/working and/or office space.
Prime Investment Opportunity Near Indianapolis Motor Speedway! Positioned on one of Indianapolis' busiest streets and just moments from the iconic Indianapolis Motor Speedway, this high-visibility property offers exceptional potential for business owners and investors alike. Situated on over a quarter acre, previously operated as a daycare, this versatile space is ready to accommodate a variety of commercial uses. Whether you're expanding an existing business, launching a new venture, or seeking a long-term investment in a high-traffic corridor, this location delivers the exposure and accessibility growing businesses need. With ample space for expansion, improvements, or additional amenities, this property is ready to support a variety of business ideas. Recent significant upgrades include a brand-new roof and foundation repairs, giving new ownership structural peace of mind while you focus on building your vision. Bottom line - if you or your client are looking to invest in a high-visibility, community-driven area and plant roots for long-term growth, THIS property is ready and waiting for YOU. Schedule your showing today.
Check out this great event center. It is a great investment with a current income of $10,000 per month. The tenant pays all utilities. The lease runs through May 2026 with the option of extending through May 2027.
Welcome to this prime development opportunity in the Riverside Community, offering 2 city blocks of canal frontage and just across from the new Canal Towpath Greenway, connecting to downtown Indy. +/- 1.92 acres within 10 minutes to 3 major universities, minutes to the new IU Health hospital campus, 16 Tech campus, and between Riverside Park and Watson Park. Recent additions to the neighborhood include the AMP Food Court, Tinker Coffee, Guggman Haus Brewing Co, and across the street from the revamped Ignite Achievement Academy Charter School. Highly suitable for student housing or medical staff housing at area hospitals. There is an adjacent city owned property that can be purchased directly through Vacant to Vibrant with city approval.
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.
