Listed by Berkshire Hathaway HomeServices Indiana Realty, Berkshire Hathaway - HomeServices Indiana Realty - Commercial Division
Unpriced
Prime Development Opportunity
Details
Property Type Retail, Mixed Use
Sub Type Religious/Church
Square Footage 11,723
Class C
Year Built 1947
Stories 1
Acreage 0.570
Zoning C1
Ground Lease No
DEVELOPERS - Directly Across from New Elanco HQ
Marketing description
Across the Street from Elanco's $4+ Billion Economic Impact Development
POSITIONED IN THE PATH OF PROGRESS
A rare opportunity to acquire a strategically located church property directly across from the transformational Elanco Global Headquarters development and within one of Indianapolis' fastest-growing redevelopment corridors.
955 Oliver Avenue is ideally situated in the heart of Indianapolis' rapidly evolving Near Westside, an area experiencing unprecedented public and private investment. Located immediately across from Elanco's new global headquarters campus, the property benefits from its position within a district that is attracting significant residential, commercial, institutional, and infrastructure development.
The surrounding area is being reshaped by billions of dollars in investment, including life sciences, technology, mixed-use development, housing, and public improvements. As redevelopment continues to expand westward from Downtown Indianapolis, properties in this corridor are becoming increasingly desirable for both users and investors.
Whether for continued religious use, educational purposes, community services, institutional occupancy, or future redevelopment, 955 Oliver Avenue offers a unique opportunity to secure a highly visible property in a location poised for long-term growth and appreciation.
INVESTMENT HIGHLIGHTS
• Directly across from Elanco Global Headquarters
• Located within Indianapolis' premier redevelopment corridor
• Minutes from Downtown Indianapolis
• Convenient access to I-65, I-70, and major employment centers
• Surrounded by ongoing residential, mixed-use, and commercial development
• Positioned near major innovation, healthcare, and education investments
• Strong long-term appreciation potential
• Suitable for religious, educational, institutional, community, or redevelopment uses
AREA DEVELOPMENT DRIVERS
• Elanco Global Headquarters Campus
• 16 Tech Innovation District
• White River Corridor Improvements
• Downtown Indianapolis Expansion
• Indiana University Indianapolis Growth Initiatives
• Continued Near Westside Redevelopment and Infrastructure Investment
LOCATION ADVANTAGE
The Near Westside has emerged as one of Indianapolis' most active redevelopment markets, benefiting from its proximity to Downtown, major healthcare systems, research institutions, and innovation districts. With substantial investment already underway and additional projects planned, 955 Oliver Avenue offers the opportunity to acquire real estate in a location where growth, investment, and demand continue to accelerate.
Investment highlights
- Directly across from Elanco Global Headquarters
- • Located within Indianapolis' premier redevelopment corridor
- • Minutes from Downtown Indianapolis
- • Convenient access to I-65, I-70, and major employment centers
- • Surrounded by ongoing residential, mixed-use, and commercial development
- • Positioned near major innovation, healthcare, and education investments
- • Strong long-term appreciation potential
- • Suitable for religious, educational, institutional, community, or redevelopment uses
Listing Contacts
Listed by Berkshire Hathaway HomeServices Indiana Realty, Berkshire Hathaway - HomeServices Indiana Realty - Commercial Division
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
C1 CommercialOfficeOffice Buffer District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 152 uses
View all 152 uses Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?















