536 E Market Street, Indianapolis, IN 46204

Building Details

Floors in Building

3

Listing agent Shelly Johnson License #RB14043056 Show Phone

Listing office Keller Williams Indy Metro S s***@kw.com N Emerson Ave Ste 300 48, Greenwood, IN Show Phone

Listing date Jun 15, 2026

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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.

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Overview

This mixed-use commercial property is offered for sale as a well-maintained asset with elevator service and a dry sprinkler system. Interior improvements include energy-efficient LED lighting throughout, and HVAC updates consisting of new AC units installed within the last five years. The property also supports multiple operating profiles, consistent with its flexible CBD-2 zoning and its current mixed-use tenant setup.

Zoned CBD-2, the building provides a framework for a range of possible uses, including retail, office, and multifamily development. Parking is built in with more than 20 paved spaces, plus an additional gravel lot that can support extra overflow or be considered for future parking or development needs.

For tenants, the combination of elevator access, updated air conditioning, and an active fire suppression system can support day-to-day functionality across different uses. For buyers, the current in-place occupancy provides immediate operating income, while the CBD-2 zoning and the on-site parking configuration offer flexibility for redevelopment or owner-occupancy strategies going forward. The property is located at 536 E Market Street in Indianapolis, Indiana 46204.

Suggested Use

Real Estate Agency Spa & Massage Center Dental Office Hair Salon Restaurant Nail Salon Building Supply Daycare Center Kitchen & Bath Showroom Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.147782

Latitude

39.768659

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FAQs

What type of property is this?

Office building - Well-maintained mixed-use building in CBD-2 with elevator service, dry sprinkler system, and on-site parking for tenants and visitors.

Where is this office building 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: Mixed‑use investment property with over 20,000 SF in Indianapolis; Zoned CBD‑2, supporting a range of uses including retail, office, and multifamily development; Tenants in place for immediate income