631 E Michigan Street Indianapolis, IN 46204

Building Details

Year Built

1930

Listing office Lee & Associates - Indianapolis s***@lee-associates.com Show Phone

Listing date Jan 26, 2026

Source Lee-associates

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 Lee & Associates - Indianapolis

Report an issue

---

Investment Insights

Based on property information with market context.

Located in the Lockerbie/Mass Ave district, this retail property benefits from a well-traveled intersection, offering strong visibility and traffic flow. The location provides convenient access to inbound and outbound routes through the Central Business District and Mass Ave. The surrounding area features a high concentration of residential developments and is situated two blocks from the Bottleworks District. The property offers off-street parking for up to 40 vehicles and the option for outdoor dining areas. The property size is 4733 square feet.

Key Highlights

• Prime location in the Lockerbie/Mass Ave district with high visibility and traffic flow.
• Convenient access to inbound/outbound routes and proximity to the Central Business District and Mass Ave.
• Located near a high concentration of residential developments and two blocks from the Bottleworks District.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $575,000

  Office Building with Monument Sign

  Office building with reception area, conference room, multiple offices, and dedicated front parking plus rear overflow.

  7423 E 82nd Street, Indianapolis, IN 46256

  View Details
• 

  $685,000

  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

  View Details
• 

  $550,000

  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

  View Details
• 

  $3,900,000

  Elevator-Served Mixed-Use Building

  Well-maintained mixed-use building in CBD-2 with elevator service, dry sprinkler system, and on-site parking for tenants and visitors.

  536 E Market Street, Indianapolis, IN 46204

  View Details
• 

  $560,000

  Flexible Office Building with Detached Garage

  C-1 zoned building with a fenced outdoor area and detached garage, suited for office or education-oriented uses.

  2131 E 54th Street, Indianapolis, IN 46220

  View Details
• 

  $1,750,000

  ADA-Accessible Medical Office Facility

  Former medical office with an ADA-accessible layout, multiple entrances, and about 50 parking spaces across two lots.

  6635 E 21st Street, Indianapolis, IN 46219

  View Details
• 

  $2,475,000

  Renovated Office Flex Complex

  Multi-tenant office and flex space with common parking and five leasable suites offering flexible occupancy options.

  9130 Otis Avenue, Indianapolis, IN 46216

  View Details
• 

  $3,800,000

  Industrial Flex with Multiple Overhead Doors

  Industrial flex building on I-3 zoned land with office space and two 14-ft overhead doors for vehicle-ready operations.

  1000 S Arlington Avenue, Indianapolis, IN 46203

  View Details
• 

  $1,000,000

  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

  View Details
• 

  $700,000

  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

  View Details
• 

  $524,900

  Two-Level Office Building with Conference Rooms

  Two-level office building with conference rooms, kitchenette, multiple offices, and restrooms, plus a finished lower level.

  2226 W Michigan Street, Indianapolis, IN 46222

  View Details
• 

  $149,000

  Four-Unit Retail Value-Add Property

  Four-unit retail asset on two parcels along a heavily traveled corridor, offered as-is and requiring significant improvements.

  3427 W Michigan Street, Indianapolis, IN 46222

  View Details

FAQs

What type of property is this?

Retail property - Retail property in high-traffic Lockerbie Square with parking.

Where is this retail property located?

The property is located at 631 E Michigan Street Indianapolis, IN.

What are key features of this property?

This property features: Prime location in the Lockerbie/Mass Ave district with high visibility and traffic flow.; Convenient access to inbound/outbound routes and proximity to the Central Business District and Mass Ave.; Located near a high concentration of residential developments and two blocks from the Bottleworks District.