Two-Story Retail/Office
517 E Walnut Street Indianapolis, IN 46202
For Sale
$2,500,000
SINGLE_FAMILY - Indianapolis, IN
Lot Size0.08 Acres
Days on Market315
Property Features for 517 E Walnut Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C4
- Standard status
- Active
- APN
- 491101168013000101
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Woods Sub 37.25Ft W Side L26 Ol41
Building Details
- Year built
- 1900
Listing Agency:
Keller Williams Indy Metro NE
(317) 564-7100
Listed By:
Robert Butcher · License #18000445,INDIANA
(317) 564-7100
Added: Sep 15, 2025
Changed: Jun 16
Last Checked: Jul 26 at 5:06AM
MLS# 22060481
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.
Located at 517 E Walnut Street in Indianapolis, this two-story building includes a full basement and is zoned C4. The property is described as versatile, with zoning-supported flexibility for office, retail, food & beverage, personal services, and healthcare uses.
The building is positioned just off Massachusetts Avenue in Indianapolis’ Chatham Arch neighborhood. The listing also notes potential for a rooftop addition.
Overall, the existing two-story layout with basement support provides options for tenants or operators seeking a C4-configured space in a downtown-adjacent commercial district.
The building is positioned just off Massachusetts Avenue in Indianapolis’ Chatham Arch neighborhood. The listing also notes potential for a rooftop addition.
Overall, the existing two-story layout with basement support provides options for tenants or operators seeking a C4-configured space in a downtown-adjacent commercial district.
Key Highlights
- Prime location just off Massachusetts Avenue in the thriving Chatham Arch neighborhood.
- Versatile C4 zoning allows for a wide range of uses: office, retail, food & beverage, personal services, and healthcare.
- Potential for a rooftop addition with spectacular skyline views.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chatham Home
Home Decor Store
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FAQs
What type of property is this?
Storefront property - Two-story building with a full basement, zoned C4, offering flexible retail and office use possibilities.
Where is this storefront property located?
The property is located at 517 E Walnut Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime location just off Massachusetts Avenue in the thriving Chatham Arch neighborhood.; Versatile C4 zoning allows for a wide range of uses: office, retail, food & beverage, personal services, and healthcare.; Potential for a rooftop addition with **spectacular skyline views**.
