The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

Indianapolis, IN 46225 1505 S East Street

$975,000

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Presented By:
  • MLS# 22006941
  • 10/15/2024
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  • SQFT • 9,200
  • Garage • 4

Home Details

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.
Presented By:

Interior Features for 1505 S East Street

Other Interior Features

LivingAreaSourcePlans
BasementUnfinished
Basement (Y/N)Yes

General for 1505 S East Street

CityIndianapolis
CountyMarion
Current UseOffice, Vacant
DirectionsGPS Friendly
Electric200+ Amp Service
Garage Spaces4
HeatingForced Air
High School DistrictIndianapolis Public Schools
Legal DescriptionSeidensticker & Naltners Sub L1 Thru L5
Lot Size Square Feet25950
MLS Area4910 - Marion - Center
ModificationTimestamp2025-04-21T19:16:07.379Z
New ConstructionNo
Number Of Units Total5
PossessionClosing
Property SubtypeMulti-Family 5+
Property TypeCommercial Sale
RoofFlat, Membrane, Rubber, Shingle
Standard StatusActive
StatusActive
Stories2
Structure TypeFreeStand
Tax Lot1-5
Tax Year2024
TownshipCenter
UtilitiesElectricity Connected, Sewer Connected, Water Connected
Year Built1900
ZoningC-1

Exterior for 1505 S East Street

Building Area Total9200
Exterior AmenitiesExterior Handicap Accessible
Lot Size Acres0.6
Parking FeaturesAttached, Common, Asphalt, Rear/Side Entry
Road Frontage TypeCity Street
Road Surface TypeAsphalt

Additional Details

Price History

Ryan Orr

Associate
Price $975,000
MLS#22006941
List Date 10/15/2024
Property Type Commercial
Phone (765) 744-9500
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