Key facts
- Living area
- 9,720 sqft
- Lot
- 0.45 acres
- Year built
- 1905
- Type
- Commercial Sale · Office
- MLS #
- 22074689
- County
- Marion
- Total building area
- 9,720 sqft
About this home
ENTREPRENEURS, INVESTORS & OWNER-OCCUPANTS-DON'T MISS THIS OPPORTUNITY! Two commercial buildings on one parcel in a high-traffic location near Fountain Square, the new Community Justice Campus, downtown Indianapolis, and less than one mile from I-65. Seller has a survey allowing the buildings to be sold separately. Individual pricing is $550,000 for the approximately 7,200 sq. ft. blue building and $275,000 for the approximately 2,500 sq. ft. restaurant building, or purchase both for the package price of $750,000. The restaurant building is currently leased for $3,500/month, with tenant paying utilities. Lease expires July 2026, and the tenant has expressed interest in renewing. The approximately 7,200 sq. ft. building offers multiple suites (floor plan available), including former daycare space, professional offices with reception area, conference room and breakroom, plus warehouse/retail/service space. Previous uses include restaurant, church, daycare, professional offices, auto repair, convenience store, clothing store, and more. Seller previously collected over $13,000 per month when fully leased. With only one space currently occupied, buyers can choose their own tenants, operate their own business while generating rental income, or create a customized investment strategy. Future uses are subject to zoning and governmental approvals. Located approximately 1.5 miles from downtown and surrounded by redevelopment, this versatile property offers exceptional flexibility, visibility, and long-term potential. Bring your vision and entrepreneurial spirit-this could be your next GOLD MINE!
Description provided by the listing brokerage.
Exterior
- Roof
- Parking and garage
- Fencing
Systems
- Heating
- Cooling
- Utilities
Lot and HOA
- Zoning
- c-3
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $4,800 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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