Indianapolis, IN Mixed-use Properties for Sale

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Beech Grove, IN Speedway, IN Lawrence, IN

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Versatile Mixed-Use Property, Indianapolis

$400,000

3,392 SF

Versatile Mixed-Use Property, Indianapolis

2431 Central Avenue, Indianapolis, IN 46205

Spacious property suitable for event venue, office, or redevelopment.

Spacious open‑concept layout offers exceptional flexibility for various uses.
High ceilings and expansive main gathering area ideal for customization.
Outstanding potential for conversion into diverse spaces (event venue, daycare, office, etc.).
Redevelopment opportunities for residential loft‑style units or mixed‑use concept (subject to zoning).
Ample space allows for large gatherings and flexible configurations.

Updated: May 3

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$899,900

9,720 SF

Two-Building Investment Opportunity

1915 Southeastern Avenue, Indianapolis, IN 46201

Two income-producing buildings on one parcel in high-traffic area.

Two income‑producing buildings on one parcel, offering immediate revenue streams
High‑traffic location near Fountain Square and Justice Department developments
Potential for significant monthly rental income (up to $13,000) with tenants paying utilities
One building currently leased to a restaurant with a stable lease through July 2026
Versatile second building with multiple leasable areas suitable for various businesses

Updated: Nov 24, 2025

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$400,000

3,186 SF

Prime Commercial Land Opportunity

One acre commercial potential in Perry Township, Indianapolis.

4240 & 4244 Madison Avenue, Indianapolis, IN 46227

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Indianapolis Mixed-Use Building Transformation

$400,000

6,720 SF

Indianapolis Mixed-Use Building Transformation

Two-story commercial building with full renovation potential in Indianapolis.

3363 Central Avenue, Indianapolis, IN 46205

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Multi-Tenant Office/Flex Space in Indianapolis

$2,475,000

25,000 SF

Multi-Tenant Office/Flex Space in Indianapolis

25,000 SF multi-tenant office/flex space in Lawrence Village.

9130 Otis Avenue, Indianapolis, IN 46216

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Keystone Avenue Redevelopment Opportunity

$1,499,999

10,789 SF

Keystone Avenue Redevelopment Opportunity

1.63 acres with flexible zoning in evolving urban area.

4498 North Keystone Avenue, Indianapolis, IN 46205

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$575,000

8,750 SF

Mixed-Use Property in Indianapolis

Mixed-use property with three units, offering income and growth potential.

2305 E Michigan Street, Indianapolis, IN 46201

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$150,000

1,550 SF

Indianapolis Retail Building for Sale

Commercial building with redevelopment potential near downtown Indianapolis.

200 S State Avenue, Indianapolis, IN 46201

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Indianapolis Mixed-Use Investment Opportunity

$270,000

1,300 SF

Indianapolis Mixed-Use Investment Opportunity

Mixed-use property with C3 zoning near Greenwood Park Mall.

7110 Madison Avenue, Indianapolis, IN 46227

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$198,500

0.11 Acres

Indianapolis Triplex with Billboard

Triplex with billboard, suitable for commercial or residential use.

2937 W 10th Street, Indianapolis, IN 46222

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$3,250,000

30,000 SF

Indianapolis Office Building For Sale

Premier investment opportunity in a busy Indianapolis corridor.

10291 N. Meridian St., Indianapolis, IN 46290

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$915,000

6,300 SF

Creative Space on East Street

6,300 SF mixed-use property in Bates-Hendricks neighborhood.

1628 South East Street, Indianapolis, IN 46225

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Retail and Industrial Value-Add Opportunity

$2,500,000

15,000 SF

Retail and Industrial Value-Add Opportunity

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

5450 W 86th St, Indianapolis, IN 46268

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East Washington Street Development Opportunity

$95,000

0.20 Acres

East Washington Street Development Opportunity

0.2-acre lot ideal for mixed-use development in Indianapolis.

2002 E Washington Street, Indianapolis, IN 46201

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Contact for pricing

39,000 SF

Retail Opportunity on Mass Avenue

Mixed-use property with retail space and on-site parking.

530 Massachusetts Ave, Indianapolis, IN 46204

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Versatile Mixed-Use Property Near Shelby

$225,000

3,370 SF

Versatile Mixed-Use Property Near Shelby

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

2340 Shelby Street, Indianapolis, IN 46203

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East 10th Street Redevelopment Opportunity

$475,000

0.38 Acres

East 10th Street Redevelopment Opportunity

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

2828 10th St, Indianapolis, IN 46201

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$18,320,475

214,200 SF

Directors Row Business Center

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

2401 Directors Row, Indianapolis, IN 46241

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Downtown Indianapolis Restaurant Opportunity

$2,100,000

11,864 SF

Downtown Indianapolis Restaurant Opportunity

Turnkey restaurant for sale near Lucas Oil Stadium.

42 W South St, Indianapolis, IN 46225

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$270,000

1,300 SF

Mixed-Use Property Near Greenwood Mall

Two buildings on 0.64 acres with C3 zoning.

7110 Madison Avenue, Indianapolis, IN 46227

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Bates-Hendricks Redevelopment Opportunity

$695,000

9,200 SF

Bates-Hendricks Redevelopment Opportunity

Prime commercial property in vibrant Bates-Hendricks neighborhood.

1505 S East St, Indianapolis, IN 46225

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$79,900

1,848 SF

Industrial

Mixed-use properties · 1,848 SF

2165 S Meridian Street, Indianapolis, IN 46225

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$35,000,000

Monument Circle Mixed-Use Trophy Asset

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

40 Monument Circle, Indianapolis, IN 46204

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Mixed-Use Development Opportunity in SoBro

Future mixed-use development land for sale in Indianapolis.

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

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Indianapolis, IN, we suggest to view alternatives - similar 13 Off-Market properties to explore as potential leads.

Indianapolis, IN Mixed-Use Properties Investment Opportunities Market Analysis

Explore 37 mixed-use properties for sale in Indianapolis, IN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 137,200 square feet of properties for sale, with an estimated market value of $15,334,800.

Sale prices for multi use buildings in Indianapolis, IN start at $79,900, averaging $1,022,320, and reaching up to $3,250,000 — 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

Property Size Breakdown

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

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 median listing prices of real estate assets

Neighborhood	Average Price
46222	$198.5K
46203	$225K
46227	$313.3K
46201	$439K
46205	$766.7K

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per sq ft

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

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Indianapolis, IN Mixed-use Properties for Sale

Versatile Mixed-Use Property, Indianapolis

Spacious property suitable for event venue, office, or redevelopment.

Two-Building Investment Opportunity

Two income-producing buildings on one parcel in high-traffic area.

Prime Commercial Land Opportunity

Indianapolis Mixed-Use Building Transformation

Multi-Tenant Office/Flex Space in Indianapolis

Keystone Avenue Redevelopment Opportunity

Mixed-Use Property in Indianapolis

Indianapolis Retail Building for Sale

Indianapolis Mixed-Use Investment Opportunity

Indianapolis Triplex with Billboard

Indianapolis Office Building For Sale

Creative Space on East Street

Retail and Industrial Value-Add Opportunity

East Washington Street Development Opportunity

Retail Opportunity on Mass Avenue

Versatile Mixed-Use Property Near Shelby

East 10th Street Redevelopment Opportunity

Directors Row Business Center

Downtown Indianapolis Restaurant Opportunity

Mixed-Use Property Near Greenwood Mall

Bates-Hendricks Redevelopment Opportunity

Industrial

Monument Circle Mixed-Use Trophy Asset

Mixed-Use Development Opportunity in SoBro

Indianapolis, IN Mixed-Use Properties Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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