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    1520 E Riverside Dr Indianapolis, IN 46202
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    Property profile & analytics

    1520 E Riverside Dr, Indianapolis, IN 46202

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    • Office Spaces
    • 9,808 SF
    • 0.42 lot acres
    Well-Maintained Office Building Near 16 Tech For Sale
    $1,450,000
    9,000 SF

    Well-Maintained Office Building Near 16 Tech

    9,000 SF office building with pylon signage and ample parking.

    1520 E Riverside Dr, Indianapolis, IN
    View Listing
    Property ID
    US31-0750646
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1520 E Riverside Dr

    Year built
    1958
    Construction
    TYPE NOT SPECIFIED
    Lot size
    0.42 lot acres
    Property type
    Office Spaces
    APN
    49-06-34-123-021.000-101
    APU
    490634123021000101

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 4, 2025 — Tbg At 16th St LLC Laborers International Union Of Nor Warranty Deed —
    Jun 1, 2022 — Laborers International Union Of Nor — Deed · related $4.9M · First Financial Bank NA

    Description

    This 9,000 square foot, two-story office building presents a unique owner-occupant opportunity. Constructed in 1965, the property boasts a desirable location near the 16 Tech innovation district in Indianapolis, Indiana. Situated on a 0.94-acre lot, the building features excellent visibility and accessibility, with existing pylon signage along 16th Street, including electronic messaging capabilities. The property benefits from easy ingress and egress via a signalized intersection at 16th Street and Riverside Drive, and is conveniently located on an IndyGo bus route (lines 15, 25, and 30). The building is classified as Class C and is zoned C-5. The property's address is 1520 E Riverside Dr, Indianapolis, IN 46202 (APN: 49-06-34-123-021.000-101, 49-06-34-123-020.000-101). Furthermore, this location is within an Opportunity Zone, offering potential tax advantages. The building is well-maintained and offers a total of 9,000 square feet of net rentable space. This presents a compelling opportunity for businesses seeking a strategically located and functional office space.


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    Location Insight

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    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1914
    Latitude
    39.7885
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $60,400
    $195,500
    $255,900
    -
    $60,400
    $195,500
    $255,900
    View Listing
    More about this property
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