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Event Center with Existing Lease

1718 Lafayette Road Indianapolis, IN 46222

1718 Lafayette Road, Indianapolis, IN, 46222
$1,300,000
Pending
For Sale
Claim this Listing
$1,300,000
Pending

COMMERCIAL - Indianapolis, IN

Lot Size1.73 Acres
AddedFeb 24
Days on Market141
Last RefreshJul 15 at 4:06 am

Property Features for 1718 Lafayette Road

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
C-3
Fencing
Perimeter
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

Building Details

Year built
1955
Roof type
Rubber

Listing agent Mark Wesler License #RB19000739

Listing office eXp Realty, LLC Counselors Row Ste 200 9465, IN

Listing date Feb 24, 2026

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.

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 Location Intelligence

Current Use by Public Records

B-CONNECT CORPORATION Production Facility west indy event ... Hotel & Motel

Suggested Use

Real Estate Agency Dental Office Law Firm Building Supply Big Box & Wholesale Store Spa & Massage Center Pharmacy Storage Facility Skin Care Clinic Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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