Former Hospice Rehabilitation
For Sale
Contact for pricing
8450 N Payne Rd, Indianapolis, IN 46268
Former hospice facility offers inpatient space, private suites, and dedicated office space, plus outdoor garden patios.
Property Size87,809 SF
Lot Size14.19 Acres
Days on Market165
Property Features for 8450 N Payne Rd
General Information
Standard status
Active
Size
87,809 SF
Lot size
14.19 Acres
Property subtype
Senior Living, Special Purpose
Zoning
CS
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1973
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Colliers - Indianapolis, Indiana
Listed By:
Megan Martin · License #RB18001983
Source:
Crexi
Added: Mar 25
Changed: Aug 31
Last Checked: Sep 1 at 9:49PM
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.
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
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46268, IN
26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value
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Similar Off Market Nearby
- North Willow Work Shop — 8460 Bearing Dr #300, 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
- AseraCare Hospice Care, an Amedisys Company — 8910 Purdue Rd Suite 130, Indianapolis, IN 46268
- Caretenders Hospice — 9100 Purdue Rd # 100, Indianapolis, IN 46268
Frequently Asked Questions
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
