Live - Work Space

Carmel, IN Live-work Space for Sale

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Indianapolis, IN Westfield, IN Zionsville, IN
Corner Development Lot with C2 Zoning
Updated: Feb 5
Corner Development Lot with C2 Zoning

41 1st Avenue SW, Carmel, IN 46032

$1,495,000
0.20 AC lot
Corner lot in Carmel’s Arts & Design District
Currently zoned C2
Public sewer available
Mixed‑use concept: first‑floor retail with second- and third‑floor residential
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Mixed-Use Commercial Building
Mixed-Use Commercial Building

317 W Market Street, Bluffton, IN 46714

$350,000
0.14 AC lot

Commercially zoned building with multiple office and treatment rooms plus on-site apartment space and rear paved parking.

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Historic Irvington Commercial Building For Sale
Historic Irvington Commercial Building For Sale

5115 E Washington St, Indianapolis, IN 46219

$389,900
3,294 sqft

Freestanding 3,294 SF commercial building with residential charm in Irvington.

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Live-Work Historic Building with Parking
Live-Work Historic Building with Parking

317 W Market Street, Bluffton, IN 46714

$350,000

Commercially zoned live-work property with multiple rooms, parking for 8–10 cars, and apartment space upstairs.

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Versatile Mixed-Use Property Near Shelby
Versatile Mixed-Use Property Near Shelby

2340 Shelby Street, Indianapolis, IN 46203

$225,000
3,370 sqft

MU-2 zoned property with high visibility and redevelopment potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land in Jackson Center, OH
Land in Jackson Center, OH

406 E Pike Street, Jackson Center, OH 45334

$59,900
0.27 AC lot

Commercial land suitable for business with residential potential in Jackson Center.

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Kalamazoo Land For Sale
Kalamazoo Land For Sale

209 E North Street, Kalamazoo, MI 49007

$55,000
0.16 AC lot

Land zoned Live Work 1 with downtown views.

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Parking Lot and Events Site
Parking Lot and Events Site

407 Turner Avenue NW, Grand Rapids, MI 49504

$1,475,000
7,316 sqft · 0.32 AC lot

City Center zoned parking property positioned for event and hospitality adjacent demand, with shuttle access to downtown venues.

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Ludington Waterfront Development Opportunity
Ludington Waterfront Development Opportunity

W Danaher St, Ludington, MI 49431

$245,000
0.19 AC lot

Prime Ludington building site with flexible mixed-use zoning.

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Carmel, IN Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Carmel, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,495,000.

Sale prices for live-work properties in Carmel, IN start at $1,495,000, averaging $1,495,000, and reaching up to $1,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 39
Office buildings 19
Medical Office Space 15
Serviced offices 5
Coworking space 2

Demographics Overview

Population 145K
Population Growth (5Y) +1.7%
Median Household Income $128,931
College Educated 82.0%

High-Yield Neighborhoods for Investment

Identify Carmel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46032 $1.5M

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $24.58 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hamilton County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Carmel fall within the 100,000+ square foot range.

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