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517 E Walnut St, Indianapolis

Market Price

517 East Walnut Street, Indianapolis, IN 46202

Active
Last Updated: 07/09/2025

8,000 sqft

Building Size

0.08 acres

Lot Area

Details:
Building Size:    8,000 sqft
Lot Area:    0.08 acres
Year Built:    1900
Zoning:    C-4
Floors:    3
Description:

**Prime Commercial Property off of Mass Ave. in Indianapolis’ Chatham Arch Neighborhood**

Located just off Massachusetts Avenue, this versatile 2-story building with a full basement offers approximately 8,000 square feet of flexible space. The property is situated in the vibrant Chatham Arch Neighborhood, an area experiencing significant growth and development, particularly along the Massachusetts Avenue corridor, which is renowned for its entertainment, business, and cultural amenities.

 Zoned C4 and currently operating as a furniture and home store, the property supports a wide range of uses, including Community, Healthcare, Business(Office), Home, Personal Services, Food & Beverage, and Retail Sales.  An added feature is the potential for a rooftop addition, offering spectacular views of the Indianapolis skyline, ideal for creating a landmark or unique space.

With its prime location on a bustling corridor and its adaptable layout, this property presents a compelling opportunity for investors or operators looking to establish a presence in one of Indianapolis’ most dynamic neighborhoods.





Prime Downtown Location
Open Layout
Possible Rooftop Addition

Map:
Documents:
Title
517 E Walnut St. SALELEASE Brochure
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Location
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