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    Indianapolis, IN Specialty Properties for Sale

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    Church Facility with Classrooms
    Updated: Oct 2
    Church Facility with Classrooms

    2340 N Ritter Avenue, Indianapolis, IN 46218

    $700,000
    3.43 AC lot
    8,326 SF church and institutional facility
    3.43‑acre site at 2340 N Ritter Avenue in Indianapolis
    Worship space, classrooms, offices, gathering areas and flexible‑use rooms
    On‑site parking; additional parking or site improvements may be possible subject to approvals
    Built in 1971 with a shingle roof
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    Church Facility with Kitchen
    Updated: May 31
    Church Facility with Kitchen

    3611 E 34th Street, Indianapolis, IN 46218

    $275,000
    0.42 AC lot
    0.42‑acre parcel
    Commercial zoning
    Kitchen, gathering space, offices, and restrooms
    Natural gas available
    On‑site parking
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    Church Property with Gathering Space
    Church Property with Gathering Space

    2431 Central Avenue, Indianapolis, IN 46205

    $400,000
    0.33 AC lot

    Commercial zoning and an open interior provide a flexible foundation for organizational use.

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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Two-Story Office Building
    Two-Story Office Building

    2809 E 56th St, Indianapolis, IN 46220

    $675,000
    6,384 sqft 0.56 AC lot

    I1-zoned property with substantial surface parking and an existing religious and community-use configuration.

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    Fenced Wedding Venue
    Fenced Wedding Venue

    1718 Lafayette Road, Indianapolis, IN 46222

    $1,300,000
    1.73 AC lot

    Event facility on a 1.73-acre commercial site with C-3 zoning and an active lease.

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    Church Property with Sanctuary
    Church Property with Sanctuary

    2044 N Olney Street, Indianapolis, IN 46218

    $299,000
    0.52 AC lot

    Includes two restrooms, an office, and on-site parking for congregation and staff use.

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    Commercial Land Parcel
    Commercial Land Parcel

    1856 W Morris Street, Indianapolis, IN 46221

    $50,000
    0.14 AC lot

    Small commercial-zoned lot in Indianapolis suited for future site development or business use.

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    Take 5 Auto Shop with NNN Lease
    Take 5 Auto Shop with NNN Lease

    5235 E 64th St, Indianapolis, IN 46220

    $1,414,286
    2,389 sqft 0.24 AC lot

    A single-tenant operation is secured by an absolute NNN lease with renewal options.

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    Medical Center with NNN Lease
    Medical Center with NNN Lease

    6925 Parksdale Place, Indianapolis, IN 46254

    $1,285,000
    1.60 AC lot

    Occupied healthcare facility on a 1.6-acre parcel with central air, natural gas heat, carpeting, and restrooms.

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    Day Care Center With Fenced Yard
    Day Care Center With Fenced Yard

    5925 Kentucky Ave, Indianapolis, IN 46221

    $1,500,000
    4,002 sqft 2.25 AC lot

    Updated day care facility with paved parking, outdoor play space, storage, and access from a high-traffic commercial corridor.

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    Renovated Multi-Tenant Warehouse
    Renovated Multi-Tenant Warehouse

    3031 South Holt Road, Indianapolis, IN 46221

    $795,000
    10,000 sqft

    Renovated industrial space with C5 zoning and automotive uses permitted.

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    Recently Renovated Day Care Center
    Recently Renovated Day Care Center

    8485 Woodfield Crossing Blvd, Indianapolis, IN 46240

    $1,270,000
    9,397 sqft

    Recently renovated KinderCare day care offers a new 10-year double-net lease commencing May 1, 2017.

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    Indianapolis Garden Center with Greenhouses
    Indianapolis Garden Center with Greenhouses

    5129 South Emerson Avenue, Indianapolis, IN 46237

    $2,950,000
    10,134 sqft 4.22 AC lot

    Garden center with buildings, greenhouses, and cell tower income.

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    Church Facility with Office Space
    Church Facility with Office Space

    3429 Prospect St, Indianapolis, IN 46203

    $325,000
    4,608 sqft

    Flexible religious facility featuring a large assembly area, full kitchen, offices, and an open lower level.

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    Religious Facility for Sale
    Religious Facility for Sale

    840 Cottage Ave, Indianapolis, IN 46203

    $550,000
    8,000 sqft

    For sale religious facility in Marion County with a GPS-friendly location at 840 Cottage Avenue.

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    Daycare Center with Residential Suite
    Daycare Center with Residential Suite

    1401 Norton Ave, Indianapolis, IN 46227

    $369,000
    3,350 sqft

    A separate two-bedroom, one-bath suite and interior office space complement the facility.

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    NNN Specialty Property
    NNN Specialty Property

    3725 N Keystone Ave, Indianapolis, IN 46218

    $1,512,842
    9,230 sqft

    NNN commercial property offered for sale with a stated 6.50% cap rate.

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    Detached Specialty Property
    Detached Specialty Property

    803 E 38th St, Indianapolis, IN 46205

    $384,900
    5,280 sqft

    Detached commercial property with MU1 zoning in Indianapolis.

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    Drive-Through Restaurant with Corporate Lease
    Drive-Through Restaurant with Corporate Lease

    8616 U.S. 31 South, Indianapolis, IN 46227

    Contact for pricing
    3,875 sqft 1.10 AC lot

    The newly built restaurant operates under a long-term corporate lease with renewal options.

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    Freestanding Office and Daycare Building
    Freestanding Office and Daycare Building

    4521 Independence Sq, Indianapolis, IN 46203

    Contact for pricing
    4,928 sqft 1.08 AC lot

    Freestanding 4,928-square-foot building on 1.08 acres, vacant and well-maintained, zoned CS for a variety of commercial uses.

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    Newly Renovated Church Sanctuary
    Newly Renovated Church Sanctuary

    301 N Grant Ave, Indianapolis, IN 46201

    $899,000
    13,498 sqft

    Newly renovated church with a sanctuary seating more than 450, plus two additional parcels included with the purchase.

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    Mellen Road Property For Sale
    Mellen Road Property For Sale

    2316 Mellen Rd, Indianapolis, IN 46231

    $329,000
    930 sqft

    Property on Mellen Road in Indianapolis, Indiana available for purchase.

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    Wawa Absolute NNN Property
    Wawa Absolute NNN Property

    5520 W 86th St, Indianapolis, IN 46268

    Contact for pricing
    5,919 sqft

    Wawa occupies the site under a long-term absolute NNN ground lease with no landlord responsibilities.

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    Wendy’s NNN Ground Lease Property
    Wendy’s NNN Ground Lease Property

    5055 West Washington Street, Indianapolis, IN 46241

    Contact for pricing
    2,995 sqft

    Absolute NNN ground lease property associated with Wendy’s and positioned within a Kroger shadow setting.

    View details
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    Indianapolis, IN Specialty Properties Market Trends and Statistics

    Explore 72 specialty properties for sale in Indianapolis, IN, showcased through 61 active listings on our real estate platform. These investment opportunities span a total of 287,749 square feet of properties for sale, with an estimated market value of $27,380,549.

    Sale prices for properties in Indianapolis, IN start at $50,000, averaging $829,713, and reaching up to $3,190,000 — 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

    NNN properties 21
    Churches & religious facilities 18
    Day care centers 14
    1031 exchange properties 2
    Nursery and garden centers 2

    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
    46203 $291.7K
    46231 $329K
    46205 $416K
    46219 $478.6K
    46201 $505.3K

    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.

    How Realmo verifies these figures

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    Popular Searches in Indianapolis, IN

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46218
    • 46205
    • 46203
    • 46221
    • 46219
    • 46227
    • 46220
    • 46250
    • 46268
    • 46201
    • 46208

    Featured Indianapolis Real Estate Agencies

    Realmo connects you with licensed Indianapolis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Highgarden Real Estate
    8200 Haverstick Rd., Suite 100 Indianapolis, IN 46240
    Phone: 13172804663
    www.highgarden-indianapolis.com
    Ron Cheeks Real Estate Group
    5397 E 38th St Indianapolis, IN 46218
    Phone: 13175427653
    www.speaktocheeks.com
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