Live - Work Space

Indianapolis, IN Live-work Space for Sale

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Mixed-Use Building with Apartment
Updated: Jun 16
Mixed-Use Building with Apartment

2121 Madison Avenue, Indianapolis, IN 46225

$325,000
0.36 AC lot
Four contiguous, separately platted parcels totaling 0.36 acres
Three of the four parcels are vacant
Two‑story building combines a ground‑floor office, rear warehouse, and upstairs two‑bedroom, one‑bath apartment
Warehouse drive‑in door measures 10' W x 9' H
C‑3 zoning
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Mixed-Use Property with Warehouse
Updated: Sep 16
Mixed-Use Property with Warehouse

2558 E 55th Place, Indianapolis, IN 46220

$589,000
0.41 AC lot
4,126+ SF warehouse with three 14‑foot doors and HVAC installed in 2022
Separate limestone house with 1,624 SF main level and 1,624 SF finished basement
Three parcels totaling 0.41 acres
Industrial I‑1 and I‑2 zoning
Warehouse office suite includes private office, kitchenette area, and bathroom
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Mixed-Use Building with Apartment
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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See hot listings in Indianapolis

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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Historic Office Building
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 Property with Warehouse
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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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Storefront Property with Apartment
Storefront Property with Apartment

308 Espanol Dr, Kokomo, IN 46902

$599,000
2,575 sqft

Standalone commercial building with salon booths, reception space, and an upstairs residential apartment.

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Remodeled Mixed-Use Property
Remodeled Mixed-Use Property

204 N Main St, Kokomo, IN 46901

$699,000
2,964 sqft

Combines professional workspace with a two-bedroom condominium and private outdoor space.

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Operational Manufacturing Property
Operational Manufacturing Property

313 W 5th Street, Muncie, IN 47302

$139,900
0.78 AC lot

Working machine shop with a separate rental dwelling, pole barn, fencing, and outdoor commercial space.

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Live-Work Industrial Property
Live-Work Industrial Property

313 W 5th Street, Muncie, IN 47302

$139,900
1,014 sqft 0.78 AC lot

Operating machine shop, additional pole barn, and a fenced site with a 2-bedroom rental home.

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Indianapolis, IN Live-Work Space Market Trends and Statistics

Explore 5 live-work space for sale in Indianapolis, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 14,480 square feet of properties for sale, with an estimated market value of $1,264,000.

Sale prices for live-work properties in Indianapolis, IN start at $325,000, averaging $421,333, and reaching up to $589,000 — 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 323
Office buildings 251
Medical Office Space 72
Coworking space 21
Creative space 8

Demographics Overview

Population 979K
Population Growth (5Y) +2.8%
Median Household Income $67,417
College Educated 30.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46225 $380K
46220 $589K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $41.61 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

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

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