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1391 N Shadeland Ave
Indianapolis, IN 46219
Office Property For Sale

Investment Highlights

  • Prime Redevelopment Opportunity – Unlock the potential of this versatile site.
  • Generous 0.40 Acre Lot – Ample space for expansion or new development.
  • High Traffic Exposure – Excellent road frontage with visibility to over 20,000 vehicles daily.
  • Ideal for Home-Based Business – Perfect layout and location for live/work use.
  • Zoning Flexibility – Strong potential to rezone to C-3 for broader commercial uses

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
732 SF
Building Class
B
Year Built/Renovated
1921/2014
Tenancy
Single
Building Height
1 Story
Typical Floor Size
732 SF
Building FAR
0.04
Lot Size
0.41 AC
Zoning
D3 - Rezoning Op To C3 - Currently zoned D3 with a Variance As A Real Estate Office. in Marion County with strong potential to convert to C3 - See Zoning Map!
Parking
10 Spaces (13.66 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
49-07-36-118-027.000-700
Land Assessment
$47,000
Improvements Assessment
$30,200
Total Assessment
$77,200
  • Listing ID: 35808361

  • Date on Market: 5/9/2025

  • Last Updated:

  • Address: 1391 N Shadeland Ave, Indianapolis, IN 46219

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