1505 S East Street Indianapolis, IN $ 1,300,000
1505 S East Street
$ 1,300,000
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1505 S East Street

Indianapolis, IN, 46225
$ 1,300,000
Bedrooms-- Baths-- Sq 9,200

Monthly Estimate*

$ 7,786

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Commercial Property for sale in Indianapolis, IN

for $1,300,000. This 9,200 square foot building was built in 1900 on a lot size of 0.6.

Prime commercial property ideally situated in the vibrant Bates-Hendricks neighborhood on the south side of Indianapolis. Located less than 1 mile from Eli Lilly & Co. Corporate Campus and the thriving Fountain Square district, the property offers easy access to major interstates (I-65 & I-70) and thruways, ensuring convenient travel to any Indianapolis destination. This expansive 9,200 square-foot structure sits on a large corner lot with 173 feet of frontage along East Street. Currently zoned C-1. Features a dedicated parking lot with over 10 spaces and four garage bays for added convenience. The floor plan consists of four combined structures plus attached garages. With limitless potential, this asset is ideal for a variety of uses, including residential redevelopment or mixed-use projects. The combination of a prime location, visibility, and accessibility make this property a standout investment opportunity in one of the city's most dynamic areas.

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Commercial Active

Price

$ 1,300,000

Property Type

Commercial

Taxes

$ 9,708

Style

Mixed Use

Lot Size

0.6

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22006941

Features
General
Heating Forced Air
Cooling Central Electric
Utilities Electricity Connected Gas Sewer Connected Water Connected
Possession Closing
Roof Membrane Rubber Shingle
Zoning C-1
Year Built 1900
Electric 200+ Amp Service
Stories 2
Township Center
Building Design Mixed Use
Tax Year 2023
Current Use Office Vacant
County Marion
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
NumberOfUnitsTotal 4
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 25950
Standard Status Active
Tax Lot 1-5
Legal Description Seidensticker & Naltners Sub L1 Thru L5
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Exterior
Parking Features Attached Common Asphalt Rear/Side Entry
Building Area Total 9200
Lot Size Acres 0.6
Road Surface Type Asphalt
Road Frontage Type City Street
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* Excluded Features
List By
Berkshire Hathaway Home

Broker

natewozniak@bhhsin.com

Email

Affordability Calculator

$8,595
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,786
Monthly Property Taxes
$809
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2024$1,300,000 Listed Price

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1505 S East Street, Indianapolis, IN, 46225 is a Commercial Property for sale at $1,300,000 with 9,200 sqft and a lot size of 0.6. 1505 S East Street was built in 1900. The property's zip code is 46225 which is in Indianapolis, IN