Downtown Development Opportunity
$3,900,000
536 E Market St, Indianapolis, IN 46204
25,412 sqft
Building Size
0.91 acres
Lot Area
Details:
Highlights:
- CBD-2 Zoning Allows for Retail, Multi-Family, and more!
- Nearly 1 acre with over 25,000sqft.
- 20 +/- paved parking spaces
- Close Access to I-65/I-70
- 524, 536, & 542 E Market Street Included
Description:
Rare opportunity to acquire a well-maintained, mixed-use investment property in the heart of Downtown Indianapolis. With over 25,000 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 future repositioning, 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.
Situated in the thriving Market East District, the property is within walking distance of Mass Ave, the Cultural Trail, Gainbridge Fieldhouse, and some of the best shopping and 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.
Located at 536 E. Market Street, this property sits in the heart of Downtown Indianapolis' vibrant Market East District, one of the city's fastest-growing urban neighborhoods. Positioned just steps from the Indianapolis Cultural Trail, the area offers walkable access to Mass Ave, Bottleworks District, Monument Circle, Gainbridge Fieldhouse, and an expanding collection of restaurants, entertainment venues, apartments, and office developments. The neighborhood is anchored by the historic Indianapolis City Market and has experienced significant investment through new residential, mixed-use, and corporate projects, creating a dynamic live-work-play environment. With immediate access to I-65 and I-70 and proximity to Indianapolis' central business district, Market East continues to attract residents, businesses, and visitors seeking an authentic downtown experience.
Documents:
| Title | ||
|---|---|---|
| 536_E_Market_Street_Brochure.pdf |
Location
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