Indianapolis, IN Live-work space for Rent & Lease

Updated: Nov 25, 2025

Versatile Indianapolis Property for Lease

2507 N Delaware St, Indianapolis, IN 46205

$22 SF/Yr

Immediate occupancy allows for a quick business setup or relocation.
Combination of commercial and residential space offers flexibility for various business models or live/work arrangements.
Includes a reception area and built‑in workstations, reducing initial setup costs.
Abundant street parking provides convenient access for employees and clients.
Green space in the back adds aesthetic appeal and potential for outdoor use.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Indianapolis, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 3 Properties for Sales.

Live-work space for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Mixed-Use Property with Apartment

1328 Bardstown Road, Louisville, KY 40204

$22 SF/Yr

5,000 sqft 0.19 AC lot

Bardstown Road space combines commercial storefront potential with an on-site residential component.

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Historic Mixed-Use Commercial Space

1427 Lytle St, Louisville, KY 40203

$16.50 SF/Yr

15,016 sqft

First-floor commercial space with vaulted ceilings, rustic brick walls, and EZ1 zoning in Louisville’s Warehouse District.

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Mixed-Use Building with Apartment

1745 W 47TH Street, Chicago, IL 60609

Contact for pricing

Brick property combines adaptable business space with a separate upper-level residence and storage capacity.

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Live-Work Office Building

800 S Wells St, Chicago, IL 60607

Contact for pricing

13,786 sqft

Iconic building offers a large open lobby, three commercial floors, and floor-to-ceiling windows with Chicago River views.

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Similar Spaces for Sale in Indianapolis, IN

Consider Similar Space for Sale. We found 3 Spaces matching your search parameters.

Mixed-Use Building with Apartment

2121 Madison Ave, Indianapolis, IN 46225

$380,000

4,380 sqft 0.36 AC lot

Two-story owner-user property combines office, warehouse, and renovated residential space in a four-parcel configuration.

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Arts & Crafts Office Building

6514 Washington St, Indianapolis, IN 46219

Contact for pricing

C-4-zoned property with retail flexibility, paved parking, and a pull-through driveway along E. Washington Street.

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Flex Space with Drive-In Bays

3534 E 10th St, Indianapolis, IN 46201

Contact for pricing

MU-1 zoning accommodates a mixed commercial layout with office and supplemental living or work space.

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Indianapolis, IN Live-work space Lease Rates & Market Statistics

Explore 1 Live-work space listing for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area.

Asking lease rates for Live-work space in Indianapolis start at $22 SF/Yr, average $22 SF/Yr, and reach $22 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $22 SF/Yr is in line with the Indiana state average.

Indianapolis accounts for 100% of the 1 live-work space listing currently available across Marion County. Live-work space is one of the more limited space types in Indianapolis, with just 1 listing currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Office Units (324 listings) and Office buildings (186 listings) elsewhere in the Indianapolis market.

Indianapolis, IN Live-work Space for Lease

2507 N Delaware St, Indianapolis, IN 46205