Mixed-Use

Indianapolis, IN Mixed-use Properties for Sale

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Keystone Avenue Redevelopment Opportunity
Updated: May 5
Keystone Avenue Redevelopment Opportunity

4498 North Keystone Avenue, Indianapolis, IN 46205

$1,499,999
10,789 sqft 1.63 AC lot
1.63 acre assemblage with Keystone Avenue frontage.
I1 Light Industrial and C3/D5 commercial zoning allows for flexible redevelopment or adaptive reuse.
Located adjacent to the Nickel Plate Trail corridor in an evolving urban infill area.
Potential uses include flex industrial, commercial space, creative office, live/work concepts, and storage/service facilities.
Most buildings are currently vacant, providing immediate redevelopment flexibility.
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This listing looks promising.

Here's a quick look at some key insights for

4498 North Keystone Avenue, Indianapolis, IN 46205

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Downtown Indianapolis Restaurant Opportunity
Updated: Mar 5
Downtown Indianapolis Restaurant Opportunity

42 W South St, Indianapolis, IN 46225

$1,950,000
11,864 sqft
Turnkey Restaurant Opportunity
Prime Downtown Indianapolis Location
Steps Away From Lucas Oil Stadium
Rare Opportunity
For Sale
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Directors Row Business Center
Directors Row Business Center

2401 Directors Row, Indianapolis, IN 46241

$18,320,475
214,200 sqft

Eight-building office and flex-industrial campus near Indianapolis International Airport.

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Retail and Industrial Value-Add Opportunity
Retail and Industrial Value-Add Opportunity

5450 W 86th St, Indianapolis, IN 46268

$2,500,000
15,000 sqft 3.05 AC lot

3.05-acre property with retail and industrial components for sale.

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East 10th Street Redevelopment Opportunity
East 10th Street Redevelopment Opportunity

2828 10th St, Indianapolis, IN 46201

$450,000
0.38 AC lot

Commercial property in thriving corridor, ideal for redevelopment or adaptive reuse.

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Mixed-Use Property Near Greenwood Mall
Mixed-Use Property Near Greenwood Mall

7110 Madison Avenue, Indianapolis, IN 46227

$270,000
1,300 sqft 0.64 AC lot

Two buildings on 0.64 acres with C3 zoning.

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Bates-Hendricks Redevelopment Opportunity
Bates-Hendricks Redevelopment Opportunity

1505 S East St, Indianapolis, IN 46225

$695,000
9,200 sqft

Prime commercial property in vibrant Bates-Hendricks neighborhood.

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Monument Circle Mixed-Use Trophy Asset
Monument Circle Mixed-Use Trophy Asset

40 Monument Circle, Indianapolis, IN 46204

$35,000,000

Premier mixed-use office and retail asset on Monument Circle.

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Mixed-Use Development Opportunity in SoBro
Mixed-Use Development Opportunity in SoBro

49th St & College (Nwc), Indianapolis, IN 46205

Contact for pricing

Future mixed-use development land for sale in Indianapolis.

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Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 9 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, 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.

Greencastle Commercial Property with Showroom
Greencastle Commercial Property with Showroom

814 E Washington St, Greencastle, IN 46135

$295,000
3,500 sqft 1.12 AC lot

Versatile commercial property with office, showroom, and redevelopment potential.

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Versatile Commercial Space For Lease
Versatile Commercial Space For Lease

1049 Indianapolis Road, Unit C, Greencastle, IN 46135

Contact for pricing
1,600 sqft

1,600 SF commercial space suitable for multiple uses.

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Versatile Frankfort Property with Potential
Versatile Frankfort Property with Potential

408 E Washington St, Frankfort, IN 46041

$349,900
6,017 sqft

Adaptable building near downtown Frankfort, suitable for various commercial uses.

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Commercial Outlot Opportunity
Commercial Outlot Opportunity

2401 E Wabash St, Frankfort, IN 46041

Contact for pricing
0.75 AC lot

0.75 AC outlot available on main corridor.

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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.

Residential Lots in Transformation Zone
Residential Lots in Transformation Zone

557 Lynn Street, Indianapolis, IN 46222

Contact for pricing
0.10 AC lot

Blank-canvas parcel near downtown Indianapolis, primed for reinvestment.

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Downtown Indianapolis Land Opportunity
Downtown Indianapolis Land Opportunity

1722 Sheldon Street, Indianapolis, IN 46218

$69,000
0.13 AC lot

Residential lots in downtown Indianapolis with development opportunities.

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Downtown Indianapolis Land Opportunity
Downtown Indianapolis Land Opportunity

1728 Sheldon Street, Indianapolis, IN 46218

$69,000
0.13 AC lot

Land available in downtown Indianapolis with development opportunities.

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Downtown Indianapolis Residential Lots
Downtown Indianapolis Residential Lots

1734 Sheldon Street, Indianapolis, IN 46218

$69,000
0.13 AC lot

Residential lots in downtown Indianapolis with development opportunities.

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Off-Market Properties in Indianapolis, IN

Consider similar Off-Market properties in Indianapolis, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

3302 East St
Office Spaces

3302 East St, Indianapolis, IN 46227

Value Estimation by Request
3,000 sqft
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5855 38Th St
Mixed-use properties

5855 38Th St, Indianapolis, IN 46218

Value Estimation by Request
3.26 AC lot
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1505 East St
Multifamily properties

1505 East St, Indianapolis, IN 46225

Value Estimation by Request
9,200 sqft 0.60 AC lot
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49th St
Mixed-use properties

49th St, Indianapolis, IN 46205

Value Estimation by Request
1 sqft
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9300 Brookville Rd
Farms

9300 Brookville Rd, Indianapolis, IN 46239

Value Estimation by Request
15.25 AC lot
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8004 Hague Rd
Multifamily properties

8004 Hague Rd, Indianapolis, IN 46256

Value Estimation by Request
2,281 sqft
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1718 15Th St
Flex space

1718 15Th St, Indianapolis, IN 46202

Value Estimation by Request
8,140 sqft 0.36 AC lot
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4952 Kentucky Ave
Mixed-use properties

4952 Kentucky Ave, Indianapolis, IN 46221

Value Estimation by Request
2,468 sqft 12.00 AC lot
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1800 Meridian St
Multifamily properties

1800 Meridian St, Indianapolis, IN 46202

Value Estimation by Request
12,000 sqft 1.57 AC lot
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9296 Waldemar Rd
Office Units

9296 Waldemar Rd, Indianapolis, IN 46268

Value Estimation by Request
1,984 sqft 0.99 AC lot
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423 Michigan St
Multifamily properties

423 Michigan St, Indianapolis, IN 46204

Value Estimation by Request
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740 North St
Multifamily properties

740 North St, Indianapolis, IN 46202

Value Estimation by Request
View details
6101 Madison Ave
Mixed-use properties

6101 Madison Ave, Indianapolis, IN 46227

Value Estimation by Request
2,706 sqft 0.47 AC lot
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Indianapolis, IN Mixed-Use Properties Market Trends and Statistics

Explore 22 mixed-use properties for sale in Indianapolis, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 262,353 square feet of properties for sale, with an estimated market value of $25,235,475.

Sale prices for multi use buildings in Indianapolis, IN start at $270,000, averaging $4,205,912, and reaching up to $18,320,476 — 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

Live-work space 3

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
46208 $30K
46203 $225K
46227 $270K
46201 $475K
46225 $947.5K

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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