Office Building With
For Sale
$250,000
5066 E Michigan Street, Indianapolis, IN 46201
Commercial Sale, Indianapolis, IN
Property SizeContact for details
Lot Size0.15 Acres
Days on Market56
Property Features for 5066 E Michigan Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
non-residential-C3
Parking features
Alley
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
491004133049000101
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Emerson Hgts Sec 1 L1 B1
Tax Annual Amount
3980
Legal Description
Emerson Hgts Sec 1 L1 B1
Building Details
Year built
1925
Floors in Building
2
Listing Agency:
eXp Realty, LLC
(888) 611-3912
Listed By:
Mark Wesler · License #RB19000739
(812) 734-6048
Added: Jul 14
Changed: Sep 7
Last Checked: Sep 7 at 8:06PM
MLS# 22114232
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 office-oriented commercial property includes two above-grade levels and a basement within a building constructed in 1925. The upper level contains a bathroom with a stand-up shower, and the existing layout may support multi-tenant office use. Items currently inside the building are scheduled for removal before closing.
The property encompasses 0.15 acres and is located at 5066 E Michigan Street in Indianapolis. Zoning is identified as non-residential-C3, with parking access from the alley. The building has previously accommodated bar and fencing-company uses, providing additional context for its existing commercial configuration.
The property encompasses 0.15 acres and is located at 5066 E Michigan Street in Indianapolis. Zoning is identified as non-residential-C3, with parking access from the alley. The building has previously accommodated bar and fencing-company uses, providing additional context for its existing commercial configuration.
Key Highlights
- Office‑oriented property with two levels plus a basement
- 0.15‑acre site at 5066 E Michigan Street, Indianapolis, IN 46201
- Non‑residential‑C3 zoning
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Two-level commercial building with a basement, C3 zoning, and alley access for parking.
Where is this office units located?
The property is located at 5066 E Michigan Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Office‑oriented property with two levels plus a basement; 0.15‑acre site at 5066 E Michigan Street, Indianapolis, IN 46201; Non‑residential‑C3 zoning
