$3,900,000
Active
20,952
SqFt
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.
MORTGAGE CALCULATOR
$19,721
Estimate only — not a loan offer. Consult a lender for actual terms.
LISTING SNAPSHOT
Price$3,900,000
Bedrooms0
Full Baths0
Half Baths0
Inside Area (SqFt)20,952 sqft
Lot Size0.91 Acres
Year Built0
MLS® Number22108271
StatusActive
Property TaxN/A
HOA/Condo/Coop FeesN/A
GENERAL
Acres0.91
Additional Property UseOffice, Retail
Number Of Stories3
ParkingCommon, Gated, Other
Property Sub TypeOffice
SqFt Total20952
UtilitiesElectricity Connected, Sewer Connected, Water Connected
ZoningCBD-2
COMMUNITY
MLS Area4910 - Marion - Center
School DistrictIndianapolis Public Schools
TownshipCenter
SCHOOLS
School DistrictIndianapolis Public Schools
RECENT ACTIVITY
June 15, 2026Active
Listing courtesy of Keller Williams Indy Metro S (shellyj9125@gmail.com)
Listing courtesy of Keller Williams Indy Metro S (317) 883-9125
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2026-07-18 01:25 AM UTC. 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.
Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.
Listings courtesy of Metropolitan Indianapolis Board of REALTORS® as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.
Based on information submitted to the MLS GRID as of 2026-07-18 01:25 AM UTC. 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.
Copyright © 2026 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.
Comps
An estimate is not available for this listing.