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    Indianapolis, IN Parking Lots & Garages for Sale

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    Parking Garage Leasehold Interest
    Updated: Aug 21, 2025
    Parking Garage Leasehold Interest

    231 N Pennsylvania St, Indianapolis, IN 46204

    Contact for pricing
    170‑space lower garage unit of the Ardmore Parking Garage in downtown Indianapolis
    Offered as a long‑term double‑net lease with rent increases at renewal options every five years
    Operating lease is flat during the term and is described as well below‑market
    Majority of revenue from stable monthly parking contracts with employees of the adjacent Regions Tower
    Also provides public parking access for downtown users and visitors
    View details
    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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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 1 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 1 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.

    Commercial Land Near Stadium
    Commercial Land Near Stadium

    1600 John Street, Cincinnati, OH 45214

    $124,900
    0.08 AC lot

    Vacant site currently supports FC Cincinnati match-day parking near TQL Stadium.

    View details
    Redevelopment Opportunity on Coliseum Boulevard
    Redevelopment Opportunity on Coliseum Boulevard

    930 E Coliseum Blvd, Fort Wayne, IN 46805

    Contact for pricing
    8,830 sqft

    8,830 SF building on 1.45 acres for sale.

    View details
    Downtown Cincinnati Retail Opportunity
    Downtown Cincinnati Retail Opportunity

    1400 Reading Rd, Cincinnati, OH

    Contact for pricing
    17,992 sqft 1.13 AC lot

    17,992 SF retail building with ample parking.

    View details
    Auto Shop with Double-Bay Garage
    Auto Shop with Double-Bay Garage

    1102 E State Boulevard, Fort Wayne, IN 46805

    $230,000
    0.22 AC lot

    C-2 property combines paved parking with an office-equipped garage.

    View details

    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.

    Downtown Anderson Parking Lot For Sale
    Downtown Anderson Parking Lot For Sale

    Meridian Street, Anderson, IN 46016

    $85,000
    0.24 AC lot

    32-space parking lot in downtown Anderson, near courthouse.

    View details

    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.

    3503 College Ave
    PARKING LOT

    3503 College Ave, Indianapolis, IN 46205

    Estimated value:
    $370,000
    10,000 sqft 0.27 AC lot
    View details
    1760 Shelby St
    PARKING LOT

    1760 Shelby St, Indianapolis, IN 46203

    Estimated value:
    $205,000
    0.11 AC lot
    View details
    110 15th St
    PARKING LOT

    110 15th St, Indianapolis, IN 46202

    Estimated value:
    $145,000
    3,780 sqft 0.09 AC lot
    View details
    2919 Shelby St
    PARKING LOT

    2919 Shelby St, Indianapolis, IN 46203-5236

    Estimated value:
    $200,000
    0.10 AC lot
    View details
    4002 Arlington Ave
    PARKING GARAGE, PARKING STRUCTURE

    4002 Arlington Ave, Indianapolis, IN 46203-6172

    Estimated value:
    $245,000
    4,212 sqft 1.66 AC lot
    View details
    1340 Terminal Rd
    PARKING GARAGE, PARKING STRUCTURE

    1340 Terminal Rd, Indianapolis, IN 46217-9342

    Estimated value:
    $215,000
    16,471 sqft 3.89 AC lot
    View details
    5508 16th St
    PARKING GARAGE, PARKING STRUCTURE

    5508 16th St, Indianapolis, IN 46218-4936

    Estimated value:
    $250,000
    29,260 sqft 2.53 AC lot
    View details
    2228 College Ave
    PARKING LOT

    2228 College Ave, Indianapolis, IN 46205

    Estimated value:
    $180,000
    0.61 AC lot
    View details
    Rockville Rd
    PARKING LOT

    Rockville Rd, Indianapolis, IN 46224

    Estimated value:
    $245,000
    9,800 sqft 0.31 AC lot
    View details
    1722 Southeastern Ave
    PARKING GARAGE, PARKING STRUCTURE

    1722 Southeastern Ave, Indianapolis, IN 46201-3957

    Estimated value:
    $210,000
    0.14 AC lot
    View details
    1901 Illinois St
    PARKING LOT

    1901 Illinois St, Indianapolis, IN 46202

    Estimated value:
    $170,000
    0.28 AC lot
    View details
    1102 Shelby St
    PARKING LOT

    1102 Shelby St, Indianapolis, IN 46203

    Estimated value:
    $200,000
    0.18 AC lot
    View details
    5042 Elliott Ave
    PARKING LOT

    5042 Elliott Ave, Indianapolis, IN 46201

    Estimated value:
    $330,000
    17,076 sqft 0.39 AC lot
    View details
    5435 Thompson Rd
    PARKING LOT

    5435 Thompson Rd, Indianapolis, IN 46237-2087

    Estimated value:
    $195,000
    0.51 AC lot
    View details
    4075 Millersville Rd
    PARKING GARAGE, PARKING STRUCTURE

    4075 Millersville Rd, Indianapolis, IN 46205

    Estimated value:
    $215,000
    7,790 sqft 0.29 AC lot
    View details
    3266 Meridian St
    PARKING GARAGE, PARKING STRUCTURE

    3266 Meridian St, Indianapolis, IN 46208-5846

    Estimated value:
    $980,000
    37,614 sqft 1.33 AC lot
    View details
    4803 96th St
    PARKING GARAGE, PARKING STRUCTURE

    4803 96th St, Indianapolis, IN 46268-1002

    Estimated value:
    $345,000
    10,010 sqft 2.94 AC lot
    View details
    320 Market St
    PARKING GARAGE, PARKING STRUCTURE

    320 Market St, Indianapolis, IN 46204-2839

    Estimated value:
    $4,305,000
    290,316 sqft 1.97 AC lot
    View details
    1000 Arlington Ave
    PARKING GARAGE, PARKING STRUCTURE

    1000 Arlington Ave, Indianapolis, IN 46203

    Estimated value:
    $180,000
    4,242 sqft 13.76 AC lot
    View details
    135 Pennsylvania St
    PARKING GARAGE, PARKING STRUCTURE

    135 Pennsylvania St, Indianapolis, IN 46204-2400

    Estimated value:
    $1,315,000
    66,538 sqft 0.90 AC lot
    View details
    4803 96th St
    PARKING GARAGE, PARKING STRUCTURE

    4803 96th St, Indianapolis, IN 46268-1002

    Estimated value:
    $215,000
    1.61 AC lot
    View details
    3765 Park Ave
    PARKING LOT

    3765 Park Ave, Indianapolis, IN 46205

    Estimated value:
    $95,000
    2,275 sqft 0.06 AC lot
    View details
    123 Michigan St
    PARKING LOT

    123 Michigan St, Indianapolis, IN 46204

    Estimated value:
    $230,000
    3,550 sqft 0.08 AC lot
    View details

    Indianapolis, IN Parking Lots & Garages Market Trends and Statistics

    Explore 72 parking lots & garages for sale in Indianapolis, IN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Spaces 633
    Land 518
    Retail properties & Spaces 339
    Office Units 326
    Residential income properties 292

    Demographics Overview

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

    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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    Featured Indianapolis Real Estate Agencies

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    Ron Cheeks Real Estate Group
    5397 E 38th St Indianapolis, IN 46218
    Phone: 13175427653
    www.speaktocheeks.com
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