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    539 E Market St Indianapolis, IN 46204

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    539 E Market St Indianapolis, IN 46204


    • Office buildings
    • 1,000 SF
    • 0.09 lot acres
    Market Street Office Building For Sale
    $495,000
    3,162 SF

    Market Street Office Building

    Office building near Mass Ave with expansion potential.

    539 E Market St, Indianapolis, IN 46204
    View Listing
    Property ID
    US31-0626827
    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.

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    Cap Rate Potential
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    Current Use by Public Records

    • Office buildings

    Property Details for 539 E Market St

    Year built
    2003
    Lot size
    0.09 lot acres
    Property size
    1,000 SF
    Zone code
    ZO01
    Property type
    Office buildings
    APN
    49-11-01-125-004.000-101
    APU
    491101125004000101

    Description

    This stunning 3,162 square foot creative office building, located at 539 E Market St in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1900 and extensively renovated in 2010, this Class B property boasts a prime location in the heart of downtown, offering easy access to Whole Foods and the vibrant amenities of Mass Ave. The building sits on a 0.26-acre lot encompassing three parcels (1075618, 1068627, and 1074978) and currently includes 8 parking spaces with expansion potential. The property is zoned CBD2 and features a two-story structure with a net rentable area of 2,059 square feet. Currently vacant, this building is priced at $495,000, or $156.55 per square foot, making it an attractive option for owner-occupants or investors seeking a well-maintained, historically significant property in a thriving urban environment. The building's convenient location and recent renovations offer immediate occupancy and the potential for significant return on investment.


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    Location Insight

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    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1476
    Latitude
    39.768
    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
    $2,344
    $83,900
    $600
    $84,500
    -
    $83,900
    $600
    $84,500
    View Listing
    More about this property
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