1640 N Ritter Avenue Indianapolis, IN ^$ 1,200,000

1640 N Ritter Avenue

^$ 1,200,000

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1640 N Ritter Avenue

Indianapolis, IN, 46218

^$ 1,200,000

Bedrooms-- Baths-- Sq 9,500

Monthly Estimate*

^$ 8,288

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Commercial Property for sale in Indianapolis, IN

for $1,200,000. This 9,500 square foot building was built in 1975 on a lot size of 0.36.

1 story medical office building a with a full finished basement Located West of Community Hospital. Currently zoned HD-2 Which allows for: Assisted living, medical laboratories, general office, Pharmacy, Florist. The property is in very good condition. Property is currently leased by Daymar through May 31,2026.

Commercial Active

Price

^$ 1,200,000

Property Type

Commercial

Taxes

^$ 6,276

Style

Office

Lot Size

0.36

Year Built

1975

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22088565

Features

General

Heating Natural Gas

Cooling Central Air Zoned

Utilities Sewer Connected Water Connected

Possession Specific

Roof Fiberglass

Zoning HD-2

Security Features Building Security Fire Alarm

Year Built 1975

Stories Count 1

Township Warren

Property Subtype Office

Tax Year 2024

Current Use Medical/Dental

Building Name 1640 n Ritter Ave

County Marion

New Construction N

Property Type Commercial Sale

Facing Direction East

Possible Use Comm Sgl Ten Medical/Dental Office

Status Active

Directions GPS Friendly

City Indianapolis

High School District MSD Warren Township

MLS Area 4905 - Marion - Warren

Lot Size Square Feet 15750

Additional Parcels Y/N N

Standard Status Active

Tax Lot 36

Legal Description Hawthorne Manor 1st Sec Pt L53 Beg Ne Corw 125Ft S 126.4Ft E 125Ft N 126.4Ftto Beg

Exterior

Parking Features Attached Asphalt

Building Area Total 9500

Lot Size Acres 0.36

Road Surface Type Asphalt

Waterfront Y/N N

Road Frontage Type City Street

* Excluded Features

List By

Berkshire Hathaway Home

Broker

toconnor@bhhsin.com

Affordability Calculator

$8,811

Per Month

Monthly Principal & Interest: $8,288
Monthly Property Taxes: $523
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Indianapolis, IN

Average List Price ^$887,658

Percent of Sale Price 26%

About Indianapolis, IN

843,184 Population

8% Since 2002

^$43,160 Median Income

35.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4044999 Elementary School

4045048 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/12/2026	$1,200,000		Listed Price

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1640 N Ritter Avenue, Indianapolis, IN, 46218 is a Commercial Property for sale at $1,200,000 with 9,500 sqft and a lot size of 0.36. 1640 N Ritter Avenue was built in 1975. The property's zip code is 46218 which is in Indianapolis, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Property information provided courtesy of the Internet Exchange Program of the Metropolitan Indianapolis Board of REALTORS® Broker Listing Cooperative® listing service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/17/2026.

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1640 N Ritter Avenue

Commercial Property for sale in Indianapolis, IN

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