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Freestanding Single-Story Office Building
For Sale
$250,000

1109 N Shadeland Avenue, Indianapolis, IN 46219

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size0.30 Acres
Days on Market212

Property Features for 1109 N Shadeland Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning C-1
Elementary school district MSD Warren Township
Middle school district MSD Warren Township
High school district MSD Warren Township
Directions GPS Friendly
Subdivision 4905 - Marion - Warren
Standard status Active
APN 490736115023000700
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Irving Ridge Add 1st Sec L76
Legal Description Irving Ridge Add 1st Sec L76

Utilities

Utilities Cable Available
Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1942
Floors in Building 1
Roof type Shingle
Listing Agency: Mark Dietel Realty, LLC
Listed By: Vincent Ferguson · License #RB14047989
Added: Feb 11 Changed: Sep 1 Last Checked: Sep 11 at 6:06AM
MLS# 22083519

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding office property provides a single-story layout on approximately 0.30 acres, with a 13,125-square-foot lot and a shingle roof. Built in 1942, the building is equipped with central air and forced-air heating. C-1 zoning supports professional office, medical, retail service, and small-business uses as described for the property.

The site has city street frontage and asphalt road access along N Shadeland Avenue in Indianapolis. Common parking is available, and the property is connected to gas, electric, sewer, and water services, with cable available. Its Warren Township setting places it near major thoroughfares, retail, and surrounding commercial development.

Key Highlights

  • Freestanding, single‑story office building built in 1942
  • Approximately 0.30 acres with a 13,125 sq ft lot
  • C‑1 zoning supports professional office, medical, retail service, and small‑business uses

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Building Supply Electrical Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - C-1-zoned property with central air, forced-air heat, common parking, and city street frontage.
Where is this office building located?
The property is located at 1109 N Shadeland Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Freestanding, single‑story office building built in 1942; Approximately 0.30 acres with a 13,125 sq ft lot; C‑1 zoning supports professional office, medical, retail service, and small‑business uses
More about this property
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