1024-1032 Shelby Street Portfolio 4 Properties in Indianapolis, IN

Located in Indianapolis' historic Fountain Square district, 1024-1032 Shelby Street offers the opportunity to acquire an established mixed-use investment property in one of the city's most recognizable urban neighborhoods. The property consists of 11 units across approximately 14,457 square feet, combining street-level commercial space with residential apartments to create a diversified income-producing asset.
The building includes six commercial suites and five apartments, providing a mix of retail and residential tenancy. According to the marketing materials, all retail spaces are currently leased, with only one apartment unit available at the time of offering. The property's flexible floor plan supports a variety of commercial and office configurations, allowing tenants to benefit from adaptable space within an active neighborhood environment.
Positioned along Shelby Street, the asset is surrounded by Fountain Square's collection of restaurants, coffee shops, art galleries, entertainment venues, and local retailers. The property also benefits from proximity to Garfield Park and Conservatory, the University of Indianapolis, and downtown Indianapolis. Strong surrounding population, household, and daytime population figures further support the area's ongoing residential and commercial activity.