1505 S East Street, Indianapolis, IN 46225

• 9,200 sqft

Property Description

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.

Listing Status:

Active

Listing Office:

Berkshire Hathaway Home : 317-503-6688

Listing Agent:

Nathaniel Wozniak : 317-503-6688

MLS ID:

22006941

Interior

• Basement: Unfinished
• A/C: Central Air
• Heating: Forced Air

Exterior

• General: Exterior Handicap Accessible
• Parking: AttachedCommonAsphaltGarage Faces Rear

Construction

• Roofing: FlatMembraneRubberShingle

Location

• Road/Access: City Street
• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: C-1Seidensticker & Naltners Sub L1 Thru L5491113168027000101
• Current Use: OfficeVacant

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected200+ Amp Service

Financial

• Source: mibor

This listing courtesy of Nathaniel Wozniak, Berkshire Hathaway Home