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Listed by Nathaniel Wozniak • Berkshire Hathaway Home
$ 975,000
Est. payment /mo
Active
1505 S East ST Indianapolis, IN 46225
9,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 9,200 sqft
Price per Sqft $105
MLS Listing ID 22006941
Year Built 1900
Tax Year 2024
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Multi-Family 5+
Property Description
Prime Property with Multi-family potential, 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 four garage bays and a dedicated parking lot with over 10 spaces for added convenience. The floor plan consists of four combined structures plus attached garages. With limitless potential, this asset is ideal for residential redevelopment, lighter commercial office-type uses, or even mixed-use projects. The combination of a prime location, visibility, and accessibility makes this property a standout investment opportunity in one of the city's most dynamic areas.
Location
State IN
County Marion
Zoning C-1
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace N
Exterior
Exterior Feature Exterior Handicap Accessible
Garage Spaces 4.0
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Flat,Membrane,Rubber,Shingle
Building
Story 2
New Construction false
Schools
School District Indianapolis Public Schools
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