Search
Two-Building Mixed-Use Property
For Sale
$750,000

1915 Southeastern Avenue, Indianapolis, IN 46201

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size0.45 Acres
Days on Market280

Property Features for 1915 Southeastern Avenue

General Information

Property type Residential
Property subtype Office
Zoning c-3
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Subdivision 4910 - Marion - Center
Standard status Active
APN 491007205199000101
Lot size 0.45 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description State Square Add L115 Thru L117 & 3' W Side L118 Also 63.85' S End L114
Legal Description State Square Add L115 Thru L117 & 3' W Side L118 Also 63.85' S End L114

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1905
Floors in Building 1
Roof type Shingle
Listing Agency: Doc Real Estate, Inc
Listed By: Heather Bottorff Harmon · License #RB14029195
Added: Nov 24, 2025 Changed: Aug 28 Last Checked: Aug 31 at 2:06PM
MLS# 22074689

Copyright © 2026 Broker Listing Cooperative®. 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 C-3-zoned commercial property comprises two buildings on a 0.45-acre parcel. The approximately 7,200-square-foot building contains multiple suites with a reception area, conference room, breakroom, and space configured for warehouse, retail, and service uses. A separate approximately 2,500-square-foot restaurant building is currently leased through July 2026, with the tenant responsible for utilities and interest in renewal. The property was built in 1905 and features natural gas forced-air heating, central air conditioning, and shingle roofing.

The site is approximately 1.5 miles from downtown Indianapolis, near Fountain Square and the Community Justice Campus, with I-65 less than one mile away. A seller-provided survey allows the buildings to be considered for separate sale. Prior configurations have included restaurant, church, daycare, office, auto repair, convenience store, and clothing store uses, subject to zoning and governmental approvals.

Key Highlights

  • Two commercial buildings on 0.45 acres with a survey allowing separate sale consideration
  • Approximately 7,200 SF multi‑suite building with office, reception, conference, breakroom, warehouse, retail, and service areas
  • Approximately 2,500 SF restaurant building leased through July 2026

Property Analytics

Current Use

Skyline Indy Properties Real Estate Agency

Suggested Use

Top Pick Bakery Computer & Electronic Repair Butcher Carpet & Flooring Store Locksmith Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

767
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-3-zoned commercial asset with multi-suite space, warehouse capability, and a leased restaurant component.
Where is this mixed-use property located?
The property is located at 1915 Southeastern Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two commercial buildings on 0.45 acres with a survey allowing separate sale consideration; Approximately 7,200 SF multi‑suite building with office, reception, conference, breakroom, warehouse, retail, and service areas; Approximately 2,500 SF restaurant building leased through July 2026
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message