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517 E Walnut Street Indianapolis, IN $ 2,500,000
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$ 2,500,000 Get more info
517 E Walnut Street
$ 2,500,000
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Share Save

517 E Walnut Street

Indianapolis, IN, 46202
$ 2,500,000
Bedrooms-- Baths-- Sq 9,400

Monthly Estimate*

$ 17,267

517 E Walnut Street, Indianapolis, IN 46202 - Image 1
517 E Walnut Street, Indianapolis, IN 46202 - Image 2
517 E Walnut Street, Indianapolis, IN 46202 - Image 3
517 E Walnut Street, Indianapolis, IN 46202 - Image 4
517 E Walnut Street, Indianapolis, IN 46202 - Image 5
517 E Walnut Street, Indianapolis, IN 46202 - Image 6
517 E Walnut Street, Indianapolis, IN 46202 - Image 7

Commercial Property for sale in Indianapolis, IN

for $2,500,000. This 9,400 square foot building was built in 1900 on a lot size of 0.08.

Located just off Massachusetts Avenue in Indianapolis' thriving Chatham Arch neighborhood, this versatile 2-story building with a full basement offers exceptional flexibility for a variety of uses. Zoned C4, it can accommodate office, retail, food & beverage, personal services, and healthcare. The property also offers potential for a rooftop addition with spectacular skyline views, making it an ideal opportunity for investors or operators seeking a high-visibility location in one of the city's most dynamic districts.

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 16,544

Style

Retail

Lot Size

0.08

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22060481
Features
General
Utilities Electricity Connected Sewer Connected Water Connected
Possession Negotiable
Zoning C4
Year Built 1900
Township Center
Property Subtype Retail
Tax Year 2024
Current Use Restaurant Retail
County Marion
New Construction N
Property Type Commercial Sale
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4910 - Marion - Center
Lot Size Square Feet 3422
Standard Status Active
Tax Lot n/a
Legal Description Woods Sub 37.25Ft W Side L26 Ol41
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Exterior
Building Area Total 9400
Lot Size Acres 0.08
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* Excluded Features
List By
Keller Williams Indy Metro Ne

Broker

rbutcher@g2reg.com

Email

Affordability Calculator

$18,646
Per Month
93%
7%
0%
Monthly Principal & Interest
$17,267
Monthly Property Taxes
$1,379
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
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Pricing History
DatePricePrice ChangeDescription
9/15/2025$2,500,000 Listed Price

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517 E Walnut Street, Indianapolis, IN, 46202 is a Commercial Property for sale at $2,500,000 with 9,400 sqft and a lot size of 0.08. 517 E Walnut Street was built in 1900. The property's zip code is 46202 which is in Indianapolis, IN

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