Warehouse with Overhead
For Sale
$120,000
1028 Vandeman Street, Indianapolis, IN 46203
Commercial Sale, Indianapolis, IN
Property SizeContact for details
Lot Size0.10 Acres
Days on Market283
Property Features for 1028 Vandeman Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I4
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Subdivision
4910 - Marion - Center
Standard status
Active
APN
491008100004000101
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Vandemans Prospect St Add L4
Legal Description
Vandemans Prospect St Add L4
Utilities
Utilities
Natural Gas Available
Building Details
Year built
1920
Number of units
6
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Marcia Souers · License #RB14034797
(812) 734-6048
Added: Nov 18, 2025
Changed: Aug 19
Last Checked: Aug 28 at 9:06PM
MLS# 22073970
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This warehouse includes 1,320 square feet on the ground floor plus more than 300 square feet of utility space upstairs. The building has two large overhead doors and one smaller overhead door, providing functional access for storage, workshop, or similar permitted operations. Constructed in 1920, the property also has natural gas available.
The offering is structured as a package sale comprising 1028 Vandeman Street and 3324 Prospect Street. The property is zoned I4 under the Marion County Zoning Ordinance and sits near interstate access and central Indianapolis. The combined package includes a total of 0.2 acres of land.
The offering is structured as a package sale comprising 1028 Vandeman Street and 3324 Prospect Street. The property is zoned I4 under the Marion County Zoning Ordinance and sits near interstate access and central Indianapolis. The combined package includes a total of 0.2 acres of land.
Key Highlights
- 1,320 SF ground‑floor warehouse area
- More than 300 SF of second‑level utility space
- Two large overhead doors plus one smaller overhead door
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46203, IN
38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Market
Vacancy Rate% for Industrial in Indianapolis, IN
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Similar Off Market Nearby
- self storage place — Indianapolis, IN 46203
Frequently Asked Questions
What type of property is this?
Warehouse - I4-zoned warehouse with storage and workshop utility, supported by multiple overhead loading doors.
Where is this warehouse located?
The property is located at 1028 Vandeman Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 1,320 SF ground‑floor warehouse area; More than 300 SF of second‑level utility space; Two large overhead doors plus one smaller overhead door
