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1915 Southeastern Avenue

Indianapolis, IN 46201

ActiveListed Nov 24, 2025 · 219 days on market

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
Shingle
Parking and garage
Asphalt
Fencing
Partial

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Utilities
Electricity ConnectedNatural Gas Connected

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

$4,443per month, estimated
Principal and interest $3,781Property tax $400Insurance $263
20% · $150,000
6.47%
Loan type
Loan term

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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Listed at$750,000
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