CBD-2 Retail Space with Elevator
For Sale
$3,900,000
536 E Market Street, Indianapolis, IN 46204
SINGLE_FAMILY - Indianapolis, IN
Lot Size0.91 Acres
Days on Market48
Property Features for 536 E Market Street
General Information
Property type
Residential
Property subtype
Office
Zoning
CBD-2
Parking features
Gated
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
491101187084000101
Lot size
0.91 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Bates & Fletchers Sub L14 & 12' Vac Alley E& Adj Ol59
Legal Description
Bates & Fletchers Sub L14 & 12' Vac Alley E& Adj Ol59
Amenities
elevator service
energy-efficient LED lighting
new AC units
additional gravel lot
Building Details
Floors in Building
3
Listing Agency:
Keller Williams Indy Metro S · Keller Williams Realty
(317) 882-5900
Listed By:
Shelly Johnson · License #RB14043056
(317) 882-5900
Added: Jun 15
Changed: Aug 1
Last Checked: Aug 1 at 2:06PM
MLS# 22108271
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 mixed-use retail space offers a versatile, well-maintained platform for today’s use and future plans, with over 20,000 square feet on a 0.91-acre site. The building includes elevator service and a dry sprinkler system, and features energy-efficient LED lighting throughout. New AC units were installed within the last 5 years.
The property is zoned CBD-2 and includes over 20 paved parking spaces plus an additional gravel lot for more parking or future development. Parking is gated, supporting controlled access for tenants and guests. Located in Indianapolis’ Market East District at 536 E Market Street (Marion County), the site is positioned for multiple retail and office use scenarios under the existing zoning.
The configuration, building systems, and parking setup support a tenant-in-place model while keeping the property flexible for redevelopment or owner-occupancy strategies consistent with CBD-2 zoning.
The property is zoned CBD-2 and includes over 20 paved parking spaces plus an additional gravel lot for more parking or future development. Parking is gated, supporting controlled access for tenants and guests. Located in Indianapolis’ Market East District at 536 E Market Street (Marion County), the site is positioned for multiple retail and office use scenarios under the existing zoning.
The configuration, building systems, and parking setup support a tenant-in-place model while keeping the property flexible for redevelopment or owner-occupancy strategies consistent with CBD-2 zoning.
Key Highlights
- Over 20,000 square feet on a 0.91‑acre site
- Zoned CBD‑2 for a range of mixed‑use redevelopment options
- Elevator service and dry sprinkler system
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
5,299
Businesses Nearby
Explore this area
Business Placement
Demographics for 46204, IN
9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
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?
Retail space - CBD-2 retail space with elevator service, dry sprinkler system, and gated parking, with new AC units in last five years.
Where is this retail space located?
The property is located at 536 E Market Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Over 20,000 square feet on a 0.91‑acre site; Zoned CBD‑2 for a range of mixed‑use redevelopment options; Elevator service and dry sprinkler system
