Downtown Investment Opportunity
3 Parcels with 2 Buildings Included
Marketing description
Rare opportunity to acquire a well-maintained, mixed-use investment property in the heart of Indianapolis. With over 20,000 square feet, this versatile site is zoned CBD-2, allowing for a wide range of uses including retail, office, and multifamily development. The property provides immediate income with tenants in place while offering exceptional flexibility for redevelopment or owner occupancy. Building features include elevator service, a dry sprinkler system, energy-efficient LED lighting throughout, and new AC units within the last 5 years. Over 20 paved parking spaces are included, with an additional gravel lot for more parking or future development potential. Located in the thriving Market East District, the property is minutes away from Mass Ave, the Cultural Trail, Gainbridge Fieldhouse, and some of the best dining in the city! Whether you're seeking a stable investment, value-add opportunity, or future redevelopment play, this site offers a unique combination of location, flexibility, and long-term upside in one of Indy's most dynamic urban corridors.
Investment highlights
- CBD-2 Allows for Retail, Multi-Family, and More
- Nearly 1 acre with over 23,000sqft.
- 20 +/- paved parking spaces
- Close Access to I-65/I-70
- 524, 536, & 542 E Market Street Included
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