Indianapolis, IN Commercial Real Estate for Sale

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Beech Grove, IN Speedway, IN Lawrence, IN

481 listings

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Indianapolis Mixed-Use Redevelopment Opportunity

$1,499,999

10,789 SF

Indianapolis Mixed-Use Redevelopment Opportunity

4498 N Keystone Avenue, Indianapolis, IN 46205

1.63 acre assemblage with redevelopment potential in Indianapolis, IN.

1.63 acre assemblage with Keystone Avenue frontage
I1 Light Industrial and C3/D5 commercial zoning allows for flexible redevelopment or adaptive reuse
Located adjacent to the Nickel Plate Trail corridor in an evolving urban infill area
Potential uses include flex industrial, contractor bays, industrial condos, showroom/warehouse, creative office, and live/work concepts
Most buildings are currently vacant, providing immediate redevelopment flexibility

Updated: May 23

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$560,000

5,530 SF

Flexible Office Building with Garage

2131 E 54th Street, Indianapolis, IN 46220

Flexible office layout for one to three users with a fenced outdoor area and detached garage on a C-1 site.

High‑visibility location in Broad Ripple with excellent access and exposure.
Flexible 5,530 SF layout suitable for one to three users.
Suitable for various uses: office, educational, nonprofit, religious, or redevelopment.
Includes a fenced outdoor area.
Detached 22' x 24' garage included.

Updated: Apr 9

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$275,000

3,392 SF

Indianapolis Mixed-Use Opportunity

Versatile property suitable for various community-focused ventures.

3611 E 34th Street, Indianapolis, IN 46218

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Multi-Tenant Office/Flex Space in Indianapolis

$2,475,000

25,000 SF

Multi-Tenant Office/Flex Space in Indianapolis

25,000 SF multi-tenant office/flex space in Lawrence Village.

9130 Otis Avenue, Indianapolis, IN 46216

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Restaurant/QSR With Drive-Thru Potential

$685,000

0.30 Acres

Restaurant/QSR With Drive-Thru Potential

Restaurant-ready space with recent upgrades, signalized access, and prominent visibility along a major northside retail corridor.

5527 N Keystone Avenue, Indianapolis, IN 46220

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Value-Add Commercial Opportunity in Indianapolis

$149,000

6,022 SF

Value-Add Commercial Opportunity in Indianapolis

Four-unit commercial property for renovation and repositioning near downtown.

3427 W Michigan Street, Indianapolis, IN 46222

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$1,200,000

9,000 SF

Established Auto Shop For Sale

Long-standing auto shop with strong reputation and versatile facilities.

7086 Southeastern Avenue, Indianapolis, IN 46239

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Versatile Mixed-Use Property, Indianapolis

$400,000

3,392 SF

Versatile Mixed-Use Property, Indianapolis

Spacious property suitable for event venue, office, or redevelopment.

2431 Central Avenue, Indianapolis, IN 46205

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$550,000

0.31 Acres

Hard-Corner Retail/Office Building

C-3 zoned building on a hard corner with strong traffic exposure, onsite parking, and flexible retail or office use.

5243 Rockville Road, Indianapolis, IN 46224

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$549,000

3,008 SF

Indianapolis Office Space For Sale

Office space with great visibility, minutes from downtown Indianapolis.

2226 W Michigan Street, Indianapolis, IN 46222

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Indianapolis Industrial Facility For Sale

$4,350,000

49,000 SF

Indianapolis Industrial Facility For Sale

49,000 SF industrial facility in desirable southwest submarket.

2334 Production Drive, Indianapolis, IN 46241

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Freestanding Office Building on Shadeland

$260,000

1,996 SF

Freestanding Office Building on Shadeland

Single-story office building on 0.30 acres, C-1 zoning.

1109 N Shadeland Avenue, Indianapolis, IN 46219

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$399,000

2,274 SF

Freestanding Office Building on Shadeland

Single-story office building with C-1 zoning in Indianapolis.

1101 N Shadeland Avenue, Indianapolis, IN 46219

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$400,000

3,186 SF

Prime Commercial Land Opportunity

One acre commercial potential in Perry Township, Indianapolis.

4240 & 4244 Madison Avenue, Indianapolis, IN 46227

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Indianapolis Mixed-Use Building Transformation

$400,000

6,720 SF

Indianapolis Mixed-Use Building Transformation

Two-story commercial building with full renovation potential in Indianapolis.

3363 Central Avenue, Indianapolis, IN 46205

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$1,000,000

0.74 Acres

Corner Two-Tenant Retail and Auto Site

Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.

1121 E Troy Avenue, Indianapolis, IN 46203

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Multi-Office Building with Private Parking

$700,000

0.23 Acres

Multi-Office Building with Private Parking

Commercial-office building with 16 offices, large windows, and a private parking lot near major thoroughfares.

1300 N Pennsylvania Street, Indianapolis, IN 46202

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Versatile Commercial Building Near Downtown

$180,000

4,456 SF

Versatile Commercial Building Near Downtown

Former restaurant/bar suitable for various business endeavors near downtown Indianapolis.

2280 S Meridian Street, Indianapolis, IN 46225

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Keystone Avenue Redevelopment Opportunity

$1,499,999

10,789 SF

Keystone Avenue Redevelopment Opportunity

1.63 acres with flexible zoning in evolving urban area.

4498 North Keystone Avenue, Indianapolis, IN 46205

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$575,000

8,750 SF

Mixed-Use Property in Indianapolis

Mixed-use property with three units, offering income and growth potential.

2305 E Michigan Street, Indianapolis, IN 46201

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Multi-Building Income Property with Restaurant

$899,900

0.45 Acres

Multi-Building Income Property with Restaurant

Two income-producing buildings on one parcel, including a leased restaurant and multiple flexible spaces.

1915 Southeastern Avenue, Indianapolis, IN 46201

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High-Visibility Commercial Redevelopment Land

$925,000

1.58 Acres

High-Visibility Commercial Redevelopment Land

Nearly 240 feet of frontage and C-3/C-7 zoning support flexible redevelopment on two parcels.

5436 Brookville Road, Indianapolis, IN 46219

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$275,000

1.13 Acres

Flex Building with Drive-In Door

Single-story commercial building with drive-in access, office/reception area, and updated restroom facilities on a sizeable paved yard lot.

1058 S Ewing Street, Indianapolis, IN 46203

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$2,100,000

8,054 SF

Remodeled Creative Office in Lockerbie

Premier workspace with historic character, modern functionality, and ample parking.

330 N College Avenue, Indianapolis, IN 46202

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Indianapolis, IN Commercial Real Estate Investment Opportunities Market Analysis

Explore 481 commercial real estate for sale in Indianapolis, IN, showcased through 481 active listings on our real estate platform. These investment opportunities span a total of 5,706,450 square feet of properties for sale, with an estimated market value of $381,086,530.

Sale prices for business properties in Indianapolis, IN start at $79,900, averaging $1,934,449, and reaching up to $18,320,476 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 979K

Population Growth (5Y) +2.8%

Median Household Income $67,417

College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46217	$200K
46208	$343.2K
46229	$410K
46220	$421.3K
46201	$505.4K

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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