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233 McCrea Street, Indianapolis, IN 46225

CBD2-zoned downtown building with adaptable space in a historic urban setting.

Property Size51,300 SF
Price / SF$112.09
Days on Market4

Property Features for 233 McCrea Street

General Information

Standard status Active
Size 51,300 SF
Class B
Property subtype Hospitality
Zoning CBD2
Investment Type Redevelopment

Building Details

Year Built 1924
Year Renovated 1960
Stories 12
Listing Agency: Coombes Real Estate
Listed By: Robert Coombes · License #RB17000978
Source: Crexi
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 8:43PM

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 Coombes Real Estate

Investment Insights

Based on property information with market context.

Built in 1924, this 51,300-square-foot mixed-use property combines historic character with a flexible commercial format. The building is positioned for a variety of potential uses and carries CBD2 zoning, supporting its role within a dense downtown environment.

The property is located at 233 McCrea Street in Indianapolis, within the city’s historic Mile Square. Dining, entertainment, sports, and business destinations surround the building, placing multiple downtown activity centers nearby.

Key Highlights

  • 51,300‑square‑foot mixed‑use property
  • Built in 1924
  • CBD2 zoning

Property Analytics

Current Use

Med Assist Daycare Center Trifecta Multimedical Publishing House Partnership for Philanthropic Planning Charitable Organization Comprehensive Management Services Business Management Consultant Pooled Mortgage Co Loan Service

Suggested Use

Top Pick HVAC Service Electrical Service Storage Facility Discount Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

5,577
Businesses Nearby

Demographics for 46225, IN

6,503
Population
3,056
Households
2.1
Avg Household Size
35
Median Age
29%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
1,626
Density / Sq Mi
$47,917
Median Household Income
$36,132
Median Earnings
$1,104
Median Rent
$123,600
Median Home Value
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 - CBD2-zoned downtown building with adaptable space in a historic urban setting.
Where is this mixed-use property located?
The property is located at 233 McCrea Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: 51,300‑square‑foot mixed‑use property; Built in 1924; CBD2 zoning
More about this property
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