Event Center with Existing
For Sale
$1,300,000
Pending
1718 Lafayette Road, Indianapolis, IN 46222
COMMERCIAL - Indianapolis, IN
Property SizeContact for details
Lot Size1.73 Acres
Days on Market164
Property Features for 1718 Lafayette Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Fencing
Perimeter
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Subdivision
4909 - Marion - Wayne
Standard status
Pending
APN
490633117005000901
Lot size
1.73 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Christian Asmus Sub L1 & L2 Ex Lafayette Rd & Ex 8 W Side
Legal Description
Christian Asmus Sub L1 & L2 Ex Lafayette Rd & Ex 8 W Side
Building Details
Year built
1955
Roof type
Rubber
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Mark Wesler · License #RB19000739
(812) 734-6048
Added: Feb 24
Changed: Aug 4
Last Checked: Aug 7 at 9:06AM
MLS# 22084516
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 for-sale event center is a specialized commercial property configured to support hosted events. The offering includes existing leasing in place, with the current tenant responsible for utilities. The lease term runs through May 2026 and includes an option to extend through May 2027.
Located at 1718 Lafayette Road in Indianapolis, Indiana 46222, the property sits on approximately 1.73 acres. The site is zoned C-3, which may be suitable for a variety of commercial uses consistent with that zoning designation.
For buyers seeking a leased event-use asset, the current rental income is stated at $10,000 per month, with utility expenses paid by the tenant. The in-place lease structure and documented lease end date provide a clear near-term timeline for underwriting and planning, while the C-3 zoning offers a defined regulatory framework for future use in alignment with applicable zoning requirements.
Located at 1718 Lafayette Road in Indianapolis, Indiana 46222, the property sits on approximately 1.73 acres. The site is zoned C-3, which may be suitable for a variety of commercial uses consistent with that zoning designation.
For buyers seeking a leased event-use asset, the current rental income is stated at $10,000 per month, with utility expenses paid by the tenant. The in-place lease structure and documented lease end date provide a clear near-term timeline for underwriting and planning, while the C-3 zoning offers a defined regulatory framework for future use in alignment with applicable zoning requirements.
Key Highlights
- Event center built in 1955 with perimeter fencing
- Current income of $10,000 per month from an existing tenant
- Tenant pays all utilities
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
Explore this area
Business Placement
Demographics for 46222, IN
37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Event center on 1.73 acres in Indianapolis, with tenant-paid utilities and a lease extending through May 2027.
Where is this wedding venue located?
The property is located at 1718 Lafayette Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Event center built in 1955 with perimeter fencing; Current income of $10,000 per month from an existing tenant; Tenant pays all utilities
