517 E Walnut St, Indianapolis — Sale in Indianapolis, IN

  • Price: $2.5M
  • Listing type: For sale
  • Asset type: Business
  • Location: Indianapolis, IN 46202
  • Size: 9,400 SF
  • Year built: 1900

Investment Figures

Price per square foot
$266

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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. Building SF: 9400 | Year Built: 1900 | Listing Type: FOR SALE

Market Context

This commercial property in Indianapolis, IN is listed for sale at $2,500,000 across 9,400 SF ($266/SF). The building dates to 1900. It has been on the market for 71 days. Compare it against other commercial property listings for sale in Indianapolis, IN — view the full market.

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