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    2280 S Meridian St Indianapolis, IN 46225

    For Sale
    $199,000

    Business - Indianapolis, IN

    Type:Business
    Property size:
    4,456 SF
    Lot size:
    0.20 Acres
    Days on Market:
    36
    Last Refresh:
    Dec 12 at 12:06 am

    Property Features for 2280 S Meridian St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    Commercial
    APN
    491123107005000101
    Size
    4,456 SF
    Lot size
    0.20 Acres

    Building Details

    Year built
    1920
    Number of units
    1
    Architectural style
    Other

    RE/MAX Realty Services (317) 585-7653 [email protected]

    Listing agent Chris Schulhof (317) 585-7653 License #RB14031306

    Listing date Nov 7, 2025

    MLS# 22051597 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building Near Downtown

    This commercial property, formerly a restaurant and bar, presents a versatile investment opportunity near downtown Indianapolis with convenient interstate access. The building has a total occupancy of 115 people, making it suitable for various business endeavors. The property could be repurposed into a dining establishment, office complex, or rental space. The upstairs area, which includes restrooms, is suitable for private events or could be converted into additional suites. The building's flexible design and location offer possibilities for tapping into the dining scene, catering to local businesses, or creating a multipurpose space. The property is located in Indianapolis, IN 46225, Marion County, and has a lot size of 0.2 acres. The building size is 4,456 square feet and is zoned commercial.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Poured to Perfection- Mobile Bartenders

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.159237
    Latitude
    39.734927

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant/bar with redevelopment potential near downtown Indianapolis.
    Where is this restaurant located?
    The property is located at 2280 S Meridian St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Prime location minutes from Downtown Indianapolis and with major interstate access.; - High occupancy capacity of 115 people.; - Versatile space suitable for restaurant, office, or rental use.
    (317) 585-7653
    Request Owner's contact information
    2280 S Meridian St Indianapolis, IN 46225
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    Indianapolis, IN 46225
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2280 S Meridian St Indianapolis, IN 46225
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