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5,815 SQFT Flex Building in Fountain Square! 1351 Deloss St 5,815 SF Industrial Building Indianapolis, IN 46203 For Sale

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Investment Highlights

ideal site for SFR or multifamily redevelopment
Building offers 2 overheard doors, 4 HVAC units, and 600 amp service

less than 1 mile from access to I-65/70
.46 acre lot with ample parking

Executive Summary

Fountain Square .46 acre site with 5,815 sq ft flex building and ample parking. Ideal site for SFR or multifamily redevelopment or existing structure and parking for I-2 usages. Convenient Fountain Square location within a few minutes to I-65/70 access.

1351 Deloss St Flyer

Property Facts

Sale Type	Investment or Owner User	Year Built	1952
Property Type	Industrial	Tenancy	Single
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Warehouse FlexLight Distribution	Parking Ratio	3.44/1,000 SF
Building Class	C	Clear Ceiling Height	12’
Lot Size	0.46 AC	No. Dock-High Doors/Loading	2
Rentable Building Area	5,815 SF	No. Drive In / Grade-Level Doors	2
No. Stories	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-2-U

Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Manufacturing Flex Light Manufacturing Industrial Warehouse FlexLight Distribution
Building Class	C
Lot Size	0.46 AC
Rentable Building Area	5,815 SF
No. Stories	1
Year Built	1952
Tenancy	Single
Parking Ratio	3.44/1,000 SF
Clear Ceiling Height	12’
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-2-U

Fenced Lot

Storage Space

Air Conditioning

Lighting
Gas
Water
Sewer
Heating

1 1

Fairly walkable

40/100

Exceptionally drivable

90/100

Limited public transit

30/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	49-10-07-206-105.000-101	Improvements Assessment	$203,500
Land Assessment	$43,600	Total Assessment	$247,100

Property Taxes

Parcel Number

49-10-07-206-105.000-101

Land Assessment

$43,600

Improvements Assessment

$203,500

Total Assessment

$247,100

(317) 844-5111

Contact

Mike Clements
C21 Commercial

Listing ID: 38742898
Date on Market: 12/11/2025
Last Updated:
Address: 1351 Deloss St, Indianapolis, IN 46203

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1351 Deloss St, Indianapolis, IN for sale Building Photo- Image 1 of 10 — DJI_20251208191722_0008_D

1351 Deloss St, Indianapolis, IN for sale Building Photo- Image 2 of 10 — DJI_20251208191654_0005_D

1351 Deloss St, Indianapolis, IN for sale Building Photo- Image 3 of 10 — DJI_20251208191957_0029_D

1351 Deloss St, Indianapolis, IN for sale Building Photo- Image 4 of 10 — DJI_20251208192117_0047_D

1351 Deloss St, Indianapolis, IN for sale Building Photo- Image 5 of 10 — DJI_20251208192151_0056_D copy

1351 Deloss St, Indianapolis, IN for sale Building Photo- Image 6 of 10 — DJI_20251208192540_0080_D

1351 Deloss St, Indianapolis, IN for sale Building Photo- Image 7 of 10 — DJI_20251208192700_0089_D

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5,815 SQFT Flex Building in Fountain Square! | 1351 Deloss St

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