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For Sale | Redevelopment Opportunity | Institutional Opportunity | Investment Opportunity

Market Price

955 Oliver Ave, Indianapolis, IN 46221

Active
Last Updated: 07/08/2026

11,823 sqft

Building Size

0.5679 acres

Lot Area

Details:
Building Size:    11,823 sqft
Lot Area:    0.5679 acres
Class:    C
Year Built:    1947
Floors:    1
Highlights:
  • Directly across from Elanco Global Headquarters
  • Zoned C-1 with RC Overlay
  • 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
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 rapidly evolving Near Westside, an area experiencing unprecedented public and private investment. Located directly 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

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.




955 Oliver Avenue is strategically located on Indianapolis' rapidly transforming Near Westside, directly across from Elanco's new Global Headquarters campus and just minutes from Downtown Indianapolis. The property benefits from immediate access to I-65, I-70, and major employment centers, while being surrounded by significant public and private investment. Positioned within a corridor experiencing substantial residential, commercial, and mixed-use development, the location offers exceptional visibility and long-term growth potential in one of the city's most active redevelopment areas.
955 Oliver is primed for redevelopment.

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