Mixed-Use

Indianapolis, IN Mixed-use Properties for Sale

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Mixed-Use Building with Apartment
Updated: Jul 30
Mixed-Use Building with Apartment

2121 Madison Ave, Indianapolis, IN 46225

$380,000
4,380 sqft 0.36 AC lot
Four contiguous, separately platted parcels totaling 0.36 acres (15,682 SF)
4,380 SF two‑story mixed‑use building constructed in 1944
Ground‑floor office and rear warehouse with 10' W x 9' H drive‑in door
Renovated upper‑level 2‑bed/1‑bath apartment
Three vacant parcels allow for parking, expansion, or redevelopment
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2121 Madison Ave, Indianapolis, IN 46225

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Mixed-Use Property with Elevator
Updated: Jun 15
Mixed-Use Property with Elevator

536 E Market Street, Indianapolis, IN 46204

$3,900,000
0.91 AC lot
CBD‑2 zoning supports retail, office, and multifamily development
0.91‑acre mixed‑use property with tenants in place
Elevator service, dry sprinkler system, and LED lighting throughout
AC units installed within the last 5 years
Over 20 paved parking spaces plus an additional gravel lot
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Two-Building Mixed-Use Property
Two-Building Mixed-Use Property

1915 Southeastern Avenue, Indianapolis, IN 46201

$750,000
0.45 AC lot

C-3-zoned commercial asset with multi-suite space, warehouse capability, and a leased restaurant component.

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C5-Zoned Corner Commercial Land
C5-Zoned Corner Commercial Land

828 Shelby Street, Indianapolis, IN 46203

$265,000
0.14 AC lot

Corner commercial parcel with available utilities and public sewer service.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

517 E Walnut St, Indianapolis, IN 46202

$2,500,000
9,400 sqft

C4 zoning supports office, retail, food and beverage, personal service, and healthcare uses.

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Triplex with Dedicated Storage
Triplex with Dedicated Storage

2305 E Michigan Street, Indianapolis, IN 46201

$520,000
0.09 AC lot

Like-new construction combines modern finishes, dedicated storage, and an available unit with two occupied rentals.

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Commercial Development Land Package
Commercial Development Land Package

4460 Mann Road, Indianapolis, IN 46221

$279,000
3.45 AC lot

Packaged two-parcel site totaling 3.45 acres with C-3 and D6II zoning and flat topography near I-465 connectivity.

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C3 Commercial Development Land
C3 Commercial Development Land

1410 Roache Street, Indianapolis, IN 46208

$30,000
0.04 AC lot

C3-zoned commercial land with public sewer and a corner-lot configuration.

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Brick Mixed-Use Property with Parking
Brick Mixed-Use Property with Parking

8140 Castleton Rd, Indianapolis, IN 46250

$409,000
1,949 sqft

One-level layout includes multiple offices, a kitchen, separate bathrooms, and on-site parking.

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Two-Story Mixed-Use Property
Two-Story Mixed-Use Property

3363 Central Avenue, Indianapolis, IN 46205

$400,000
6,720 sqft

Two-story commercial building with Commercial zoning and a mixed-use classification.

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Mixed-Use Building with Vacant Retail
Mixed-Use Building with Vacant Retail

2305 E Michigan Street, Indianapolis, IN 46201

$520,000
8,750 sqft

Fully renovated 2025 mixed-use building with one vacant commercial space and three leased residential units.

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Mixed-Use Property with Balcony
Mixed-Use Property with Balcony

6280 N Shadeland, Indianapolis, IN 46220

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7,377 sqft

General Commercial zoning accommodates professional services and retail operations in a flexible business setting.

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Standalone Mixed-Use Building
Standalone Mixed-Use Building

4044 North Keystone Avenue, Indianapolis, IN 46205

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4,000 sqft

Commercial structure positioned at the intersection of Keystone Avenue and Millersville Road.

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Four-Unit Mixed-Use Property
Four-Unit Mixed-Use Property

3423 W Michigan St, Indianapolis, IN 46222

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6,022 sqft 0.26 AC lot

C-3-zoned property across two parcels, offered as-is for renovation and repositioning.

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Mixed-Use Building with Patio
Mixed-Use Building with Patio

6406 Cornell Ave, Indianapolis, IN 46220

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6,977 sqft

Architecturally distinctive mixed-use building with above-grade space on two floors plus a full basement.

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Mixed-Use Property with Retail Suites
Mixed-Use Property with Retail Suites

1024-1032 Shelby Street, Indianapolis, IN 46203

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14,457 sqft

Eleven-unit asset combines six commercial suites with five apartments near coffee shops, restaurants, galleries, and entertainment venues.

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Downtown Indianapolis Restaurant Opportunity
Downtown Indianapolis Restaurant Opportunity

42 W South St, Indianapolis, IN 46225

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11,864 sqft

Turnkey restaurant for sale near Lucas Oil Stadium.

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Mixed-Use Property with Office
Mixed-Use Property with Office

6516 Ferguson St, Indianapolis, IN 46220

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1,924 sqft

Commercial conversion combining front-office space with a restaurant operation in a character-rich building.

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Freestanding Two-Bay Mixed-Use Property
Freestanding Two-Bay Mixed-Use Property

3220 SOUTHEASTERN AVE, Indianapolis, IN 46203

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1,597 sqft

C-5-zoned commercial building with paved parking, dual curb cuts, and prominent signage along Southeastern Avenue.

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Directors Row Business Center
Directors Row Business Center

2401 Directors Row, Indianapolis, IN 46241

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214,200 sqft

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

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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 Redevelopment Property
Mixed-Use Redevelopment Property

202 Alabama Street, Indianapolis, IN 46204

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28,403 sqft

Downtown Indianapolis opportunity with CBD-2 zoning, a 1910 building, and a city-led proposal process for housing and commercial activity.

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Mixed-Use Building with Parking Access
Mixed-Use Building with Parking Access

365 N Illinois St, Indianapolis, IN 46204

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19,840 sqft

CBD-3 zoning, adjacent garage parking, and street parking serve a walkable downtown setting.

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Highly Visible Corner Mixed-Use Building
Highly Visible Corner Mixed-Use Building

1701 Prospect St, Indianapolis, IN 46203

$729,000

Corner mixed-use property with two leased commercial spaces and three upstairs apartments, plus secure rear parking and updated mechanicals.

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Indianapolis, IN Mixed-Use Properties Market Trends and Statistics

Explore 50 mixed-use properties for sale in Indianapolis, IN, showcased through 37 active listings on our real estate platform. These investment opportunities span a total of 398,740 square feet of properties for sale, with an estimated market value of $12,031,900.

Sale prices for multi use buildings in Indianapolis, IN start at $30,000, averaging $859,421, and reaching up to $3,900,000 — 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

Live-work space 6

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
46227 $270K
46201 $300K
46203 $729K
46205 $1.5M
46268 $2.5M

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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