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Indianapolis, Indiana, 46225, United States

Property ID: #14432906 // Commercial // Source Status: Active
    / 4
Traditional Sale
List Price:
USD $12,000,000
Icon 4,800 ft²
Icon 1.78 acres
Icon - beds
Icon - baths
City:
Indianapolis
State:
Indiana
Zip Code:
46225
County:
Marion
Country:
United States
Property Type:
Commercial
Additional Property Types:
Commercial, Business
Year Built:
1998
Property Size:
4,800 ft²
Lot Size:
1.78 acres
Data Source:
MIBOR Broker Listing Cooperative®
MLS/Reference Number(s):
22048840
Source Status:
Active
Source Property Type:
Business Opportunity, Business

Property Provided By

  • Roosevelt Williams
  • Williams Executive Realty & As
  • +1 (219) 613-9532

Property Information

PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN INDIANAPOLIS Address: 371 Kansas St, Indianapolis, IN 46225 325 W Morris St, Indianapolis, IN 46225 Combined Lot Size: Approx. 3 Acres Building Size: 4,800 SF (Built in 1998) Zoning: I-3 (Industrial Heavy) & C-S (Special Commercial). Strategically positioned in the heart of downtown Indianapolis, this rare dual-parcel offering presents an exceptional opportunity for developers, investors, and visionaries looking to transform a well-located space into a high-impact project. Ideal Redevelopment Site: Over 3 acres of land suitable for large-scale development such as mixed-use residential, hotels, restaurants, entertainment venues, and more. Existing Structure: 4,800 SF building, fully fenced and secured. Income-Producing Billboard: On-site billboard with monthly revenue stream included. Zoning Flexibility: Zoned I-3 and C-S, offering wide development potential. Less than 1 mile from Lucas Oil Stadium, home of the Indianapolis Colts. Under 2 miles to Victory Field (Indianapolis Indians), the Indiana Convention Center, and Gainbridge Fieldhouse. Within walking distance of Fountain Square, Mile Square, and downtown entertainment districts. Easy access to major corridors like I-70, I-65, and South Meridian Street. Surrounded by some of the city's largest hospitality, entertainment, and residential developments, this property sits at the crossroads of Indianapolis' future growth. Investors will appreciate the area's strong tourism draw, central location, and robust demand for housing and mixed-use spaces. Ideal Uses: Urban condominiums or apartment complexes, Boutique or flagship hotel, Food hall, brewery, or restaurant row, Tech campus, creative office space, or entertainment venue, Parking structure with retail frontage. Don't miss the chance to secure one of downtown Indianapolis' most valuable and versatile properties. Schedule a site tour.

Directions

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Source Disclaimer

MIBOR Broker Listing Cooperative®

Based on information submitted to the MLS GRID as of 2026-08-28 20:50:10 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2026-09-15 20:34:05. Some properties which appear for sale on this website may subsequently have sold or may no longer be available.

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