8450 N Payne Rd Indianapolis, IN 46268

Building Details

Year Built

1973

Listing agency Colliers - Indianapolis, Indiana

Listed by Megan Martin · License #RB18001983

Source Crexi

Added: Mar 25 Updated: Jul 20 at 11:40PM Checked: Jul 21 at 1:15PM

Report an Issue

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 Colliers - Indianapolis, Indiana

---

Investment Insights

Based on property information with market context.

This former hospice facility includes Suite 100 and Suite 200 available totaling 30,888 SF, with an in-patient center of 25,376 SF and 5,512 SF of office space. The inpatient area is arranged with 25 bedrooms, each with a private lavatory and sink. Additional indoor gathering space is included through large meeting and congregating areas.

The property sits on 14.19 acres and offers private outdoor garden patios and a meditation walking path. Presently zoned CS, the site is being marketed as suitable for behavioral health, post-acute, or assisted living uses, with noted opportunity to increase bedroom count to support future needs.

For buyers evaluating an adaptive healthcare campus, the combination of inpatient capacity, on-site outdoor areas, and available acreage for expansion provides a flexible foundation for redevelopment under the existing zoning.

Key Highlights

• Former hospice facility on 14.19 acres with inpatient space and dedicated office area
• Total availability: suites 100 & 200 totaling 30,888 SF
• Inpatient center includes 25,376 SF plus 5,512 SF office space

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $1,750,000

  7,548 SF

  Former Medical Office and Community Space

  Former medical office with ADA-accessible layout, multiple entrances, and ample off-street parking.

  6635 E 21st, Indianapolis, IN 46219

  View Details
• 

  $1,250,000

  11,060 SF

  Brewery-Pub with Multiple Overhead Doors

  Leased brewery-pub building with heavy power, gas heat, and eight rear overhead doors plus an adjacent vacant MU1 lot.

  1301 Barth Ave, Indianapolis, IN 46203

  View Details
• 

  $1,299,000

  4,928 SF

  Freestanding Day Care Facility

  Vacant, well-maintained former daycare with ample parking and flexible CS zoning for multiple neighborhood-serving commercial uses.

  4521 Independence Sq, Indianapolis, IN 46203

  View Details
• 

  $2,271,000

  12,140 SF

  Medical Office and Professional Space

  Office space positioned for medical and professional tenants with close access to a major hospital campus and regional corridors.

  7353 East 21st St, Indianapolis, IN 46219

  View Details
• 

  $1,899,000

  16,680 SF

  Renovated Showroom and Warehouse Facility

  Modern showroom and office area with high-clear warehouse space, supported by ample paved parking.

  10809 US Highway 136, Indianapolis, IN 46234

  View Details
• 

  $2,000,000

  15,084 SF

  Automotive Dealership Property

  Automotive dealership property with a large dealership facility, secondary building, and extensive vehicle display capacity.

  5155 W PIKE PLAZA RD, INDIANAPOLIS, IN

  View Details
• 

  $2,100,000

  10,125 SF

  Free-Standing Retail Building Indianapolis

  10,125 SF retail building in thriving Indianapolis area.

  505 E. Thompson Rd., Indianapolis, IN 46227

  View Details
• 

  $1,499,999

  10,789 SF

  Keystone Avenue Redevelopment Opportunity

  1.63 acres with flexible zoning in evolving urban area.

  4498 North Keystone Avenue, Indianapolis, IN 46205

  View Details
• 

  $890,000

  4,672 SF

  Broad Ripple Commercial Opportunity

  Value-add commercial building in Broad Ripple with parking.

  710 E 52nd St, Indianapolis, IN 46205

  View Details
• 

  $3,500,000

  32,600 SF

  Three-Building Office Portfolio

  Multi-building office portfolio spanning three contiguous parcels, offered individually or together for multi-tenant or owner-user use.

  5101-5105 Madison Ave, Indianapolis, IN 46227

  View Details
• 

  $805,700

  5,673 SF

  Indianapolis Office Building Investment Opportunity

  5,673 SF office building for sale in Indianapolis.

  5218 S. East St., Indianapolis, IN 46227

  View Details
• 

  $5,750,000

  55,580 SF

  Neighborhood Retail Center with Event Anchor

  55,580-square-foot retail center anchored by an event venue with grocery, dining, spa, and entertainment tenants.

  3119 East Thompson Road, Indianapolis, IN 46227

  View Details

Similar Off Market Nearby

• AseraCare Hospice Care, an Amedisys Company — 8910 Purdue Rd Suite 130, Indianapolis, IN 46268
• North Willow Work Shop — 8460 Bearing Dr #300, Indianapolis, IN 46268
• Caretenders Hospice — 9100 Purdue Rd # 100, Indianapolis, IN 46268
• Penny Davis — 4011 Vincennes Rd, Indianapolis, IN 46268
• Griswold Care Pairing for North Suburban Indianapolis — 3905 Vincennes Rd ste 303, Indianapolis, IN 46268

FAQs

What type of property is this?

Assisted living facility - Former hospice facility offers inpatient space, private suites, and dedicated office space, plus outdoor garden patios.

Where is this assisted living facility located?

The property is located at 8450 N Payne Rd Indianapolis, IN.

What are key features of this property?

This property features: Former hospice facility on 14.19 acres with inpatient space and dedicated office area; Total availability: suites 100 & 200 totaling 30,888 SF; Inpatient center includes 25,376 SF plus 5,512 SF office space