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 10 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 5 Properties for Sales.

Live-work space for Lease in Nearby Cities

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

Live-Work Property with Workshop

21 E Romeo Rd, Romeoville, IL 60446

$15 SF/Yr

3,092 sqft 0.83 AC lot

A remodeled ranch residence pairs with a climate-controlled shop and substantial vehicle and equipment parking.

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Multi-Room Creative Workspace

2004 Frankfort Ave, Louisville, KY 40206

$20 SF/Yr

C2-zoned space includes separate rooms, adaptable work areas, a kitchen, laundry, and a private outdoor area.

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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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Live-Work Mixed-Use Property

21 E ROMEO Road, Romeoville, IL 60446

Contact for pricing

0.83 AC lot

A residence, heated workshop, and substantial vehicle and equipment parking are combined on one property.

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Similar Spaces for Sale in Indianapolis, IN

Consider Similar Space for Sale. We found 5 Spaces matching your search parameters.

Mixed-Use Building with Apartment

2121 Madison Ave, Indianapolis, IN 46225

$350,000

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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Historic Office Building

108 E 9th St, Indianapolis, IN 46202

Contact for pricing

3,034 sqft

Flexible professional property with distinctive architectural details, updated infrastructure, and potential for a live-work configuration.

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Mixed-Use Building with Apartment

2121 Madison Avenue, Indianapolis, IN 46225

$325,000

0.36 AC lot

Office, warehouse, and residential space sit across four contiguous parcels, with three lots currently vacant.

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Mixed-Use Property with Warehouse

2558 E 55th Place, Indianapolis, IN 46220

$589,000

0.41 AC lot

Industrial-zoned property combines warehouse operations with a separate residence and flexible live-work functionality.

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Mixed-Use Property with Warehouse

2558 E 55 place, Indianapolis, IN 46220

Contact for pricing

7,066 sqft 0.41 AC lot

Combined industrial and residential improvements support owner-occupancy, rental, or live-work use.

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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 (274 listings) and Office buildings (133 listings) elsewhere in the Indianapolis market.

Featured Indianapolis Real Estate Agencies

Realmo connects you with licensed Indianapolis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

RE/MAX Advanced Realty

9011 N Meridian St #200 Indianapolis, IN 46260

Phone: (317) 298-0961

www.northindianapolishomesource.com

Advanced Realty, LLC

2611 Waterfront Parkway E. Dr. #225 Indianapolis, IN 46214

Phone: (317) 298-0961

www.indianapolisrealestate.com

Highgarden Real Estate

8200 Haverstick Rd., Suite 100 Indianapolis, IN 46240

Phone: (317) 280-4663

Indianapolis, IN Live-work Space for Lease

2507 N Delaware St, Indianapolis, IN 46205