1701 Prospect St Indianapolis, IN 46203

Listing agency @properties d**@platcollective.com Show Phone

Listed by Daniel McNeal Show Phone

Source Exprealty

Added: May 6 Updated: Jul 22 at 3:21AM Checked: Jul 22 at 3:21AM

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Investment Insights

Based on property information with market context.

This mixed-use corner building at 1701 Prospect St includes two commercial spaces on the lower level and three fully leased apartments upstairs. One commercial space is leased to a karate studio, and the adjacent commercial space is currently suitable for office/retail and storage. Secure parking is available at the rear of the building, and the major mechanicals have been updated.

The property is located in the Fountain Square neighborhood and is designated C4 zoning, supporting a mix of uses in the same structure.

From a configuration standpoint, the building provides both income-producing residential units and income-producing commercial space, with a second commercial suite available in addition to the karate studio lease.

Key Highlights

• Highly visible corner mixed‑use building in the Fountain Square neighborhood with C4 zoning
• Upstairs: three fully leased apartments
• Downstairs: two leased commercial spaces, including a leased karate studio

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FAQs

What type of property is this?

Mixed-use property - Corner mixed-use property with two leased commercial spaces and three upstairs apartments, plus secure rear parking and updated mechanicals.

Where is this mixed-use property located?

The property is located at 1701 Prospect St Indianapolis, IN.

What is the asking price?

The asking price for this property is $729,000.

What are key features of this property?

This property features: Highly visible corner mixed‑use building in the Fountain Square neighborhood with C4 zoning; Upstairs: three fully leased apartments; Downstairs: two leased commercial spaces, including a leased karate studio