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Two-Story Office Building
New
For Sale
$675,000

2809 E 56th St, Indianapolis, IN 46220

I1-zoned property with substantial surface parking and an existing religious and community-use configuration.

Property Size6,384 SF
Lot Size0.56 Acres
Price / SF$105.73
Days on Market2

Property Features for 2809 E 56th St

General Information

Standard status Active
Size 6,384 SF
Class C
Lot size 0.56 Acres
Property subtype Office
Zoning I1

Additional Details

Asking Price $675,000

Building Details

Building Size 6,384 SF
Year Built 1967
Buildings 1
Stories 2
Listing Agency: ALO Property Group
Listed By: Pat Huffine · License #IN #RB21000964
Source: Alopg
Added: Sep 18 Last Checked: Sep 19 at 6:51AM

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 ALO Property Group

Investment Insights

Based on property information with market context.

This two-story office building contains 6,384 SF on approximately 0.56 acres. Built in 1967, the property is currently arranged for religious and community use and includes more than 50 surface parking spaces. The existing configuration provides a functional owner-user facility, while the property information also identifies redevelopment as a potential direction.

Located at 2809 E 56th St in Indianapolis, Indiana, the site carries I1 zoning. Its combination of building area, land, parking, and current improvements creates a defined commercial property configuration for an owner-user or a future repositioning plan.

Key Highlights

  • 6,384 SF two‑story building
  • Approximately 0.56 acres
  • More than 50 surface parking spaces

Property Analytics

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Current Use

Glory Point Church

Suggested Use

Top Pick Building Supply Real Estate Agency Restaurant Big Box & Wholesale Store HVAC Service Law Firm

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

739
Businesses Nearby

Demographics for 46220, IN

36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
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
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Frequently Asked Questions

What type of property is this?
Office building - I1-zoned property with substantial surface parking and an existing religious and community-use configuration.
Where is this office building located?
The property is located at 2809 E 56th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 6,384 SF two‑story building; Approximately 0.56 acres; More than 50 surface parking spaces
More about this property
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