Prime commercial property ideally situated in the vibrant Bates-Hendricks neighborhood on the south side of Indianapolis. Located less than 1 mile from Eli Lilly & Co. Corporate Campus and the thriving Fountain Square district, the property offers easy access to major interstates (I-65 & I-70) and thruways, ensuring convenient travel to any Indianapolis destination. This expansive 9,200 square-foot structure sits on a large corner lot with 173 feet of frontage along East Street. Currently zoned C-1. Features a dedicated parking lot with over 10 spaces and four garage bays for added convenience. The floor plan consists of four combined structures plus attached garages. With limitless potential, this asset is ideal for a variety of uses, including residential redevelopment or mixed-use projects. The combination of a prime location, visibility, and accessibility make this property a standout investment opportunity in one of the city's most dynamic areas.
So many possibilities in this spacious beautiful building that was built in 1912 which shows the charm of the past. Presently used as church, would make great wedding venue, Close to downtown for venue for city activities. Many rooms ready for offices, nursery, class rooms, large gatherings, entrance handicap accessible. Also included in the sale are lots 302, 306 and 310 Parkway Avenue. 4 air conditioner units, 2 are less than 1 year old.
Fantastic Investment Opportunity!!! Seize the chance to re-imagine a versatile former restaurant/bar into your next lucrative investment. This property, located just minutes from the bustling heart of downtown Indianapolis and a stone's throw from major interstate access, boasts a generous total occupancy of 115 people, making it an ideal venue for a wide array of business endeavors. Envision greeting customers in the repurposed space, whether you transform it into a chic dining hotspot, a buzzing office complex, or a sought-after rental space. The upstairs area, complete with restrooms, presents the perfect setup for hosting private events or could be converted into additional revenue-generating suites. The building's flexible design and prime location mean the possibilities for this property are indeed endless. Whether you tap into the vibrant Indy dining scene, cater to the needs of local businesses, or create a multipurpose space, this property is a canvas awaiting your entrepreneurial vision.
Amazing mixed use building complex opportunity on Indy's popular Old Southside. Property is sitting on a total of 1.66 acres of prime real estate that you won't find anywhere else with unobstructed downtown skyline views from Lucas Oil Stadium to the Sales Force Tower over to Eli Lilly's HQ. This South Calvary Baptist Church, organized in 1875, has served the neighborhood with pride. Opportunity to Include An Additional 3 Lots ( .19 Acres) for Total Acreage of 1.85 Acres. Highly sought after walkable downtown southside area; the Near South Gateway Economic Development Area. This new and upcoming area is a dream location <1 mile from interstate & steps away from downtown by many other major developments that are planned in the near future.
The median home value in Indianapolis, IN is $221,900. This is higher than the county median home value of $219,900. The national median home value is $338,100. The average price of homes sold in Indianapolis, IN is $221,900. Approximately 48.52% of Indianapolis homes are owned, compared to 40.53% rented, while 10.95% are vacant. Indianapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Indianapolis real estate agent to arrange a tour today!
Indianapolis, Indiana 46225 has a population of 880,104. Indianapolis 46225 is less family-centric than the surrounding county with 26.06% 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 46225 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 46225 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.