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Commercial Property Near Downtown
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1041 S East St, Indianapolis, IN 46225

Commercially zoned property operating as a successful Airbnb near downtown.

Property SizeContact for details
Days on Market158

Property Features for 1041 S East St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Talk to Tucker Realtors
Listed By: Sarah Fishburn · License #IN RB19001567
Source: Crexi
Added: Mar 18 Changed: Aug 13 Last Checked: Aug 22 at 4:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Talk to Tucker Realtors

Investment Insights

Based on property information with market context.

This commercially zoned property, currently operating as a successful Airbnb, is located minutes from downtown. The updated two-bedroom, two-bath space features a flexible layout with a spacious loft and an expansive upper deck that offers city views. The interior has been renovated with modern finishes, including open-concept living areas, updated kitchen and baths, and abundant natural light. The large loft provides additional sleeping or lounge space. The private upper-level deck is suitable for entertaining or relaxing while enjoying skyline views. The property is located near downtown with walkability to restaurants, breweries, coffee shops, and entertainment. It also offers easy access to major highways, cultural districts, and local attractions. This property is suitable for investors seeking income potential, entrepreneurs wanting a live/work concept, or buyers looking for a commercial space in a prime urban location.

Key Highlights

  • Active & Successful Short‑Term Rental: Immediate income potential.
  • Prime Downtown Location: Walk to restaurants, breweries, coffee shops, and entertainment.
  • Stunning City Views: Enjoy panoramic skyline views from the expansive upper deck.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Pharmacy Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Locksmith Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

1,196
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Flower Boys 702 Lexington Ave, Indianapolis, IN 46203

Frequently Asked Questions

What type of property is this?
Storefront property - Commercially zoned property operating as a successful Airbnb near downtown.
Where is this storefront property located?
The property is located at 1041 S East St Indianapolis, IN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Active & Successful Short‑Term Rental: Immediate income potential.; Prime Downtown Location: Walk to restaurants, breweries, coffee shops, and entertainment.; Stunning City Views: Enjoy panoramic skyline views from the expansive upper deck.
(317) 989-5613 Call to check price and availability
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