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2131 E 54th St 5,530 SF Office Building Indianapolis, IN 46220 $560,000 ($101.27/SF)
Investment Highlights
- High-visibility location within the Broad Ripple trade area.
- Ample parking supported by a 0.64-acre site and detached 22' x 24' garage.
- Redevelopment potential under Village Mixed Use zoning aligns with Indianapolis growth plans.
- Flexible layout configured for a wide range of commercial users.
- Includes conference room, classrooms, and a reception area for professional use.
Executive Summary
With easy access along the north Indianapolis corridor, ample paved parking, and a detached 22' x 24' garage, the asset delivers both functionality and future upside. Its proximity to established neighborhoods, retail centers, and major roadways positions this property as a versatile investment in a dynamic market.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
2131 E 54th St offers tenants a versatile and conveniently located commercial space within the thriving Broad Ripple community. The 5,530 SF building includes conference rooms, classrooms, a reception area, and an additional fenced outdoor play space, making it suitable for organizations seeking multi-purpose functionality. Historically utilized by educational, nonprofit, and religious groups, the property’s layout supports multiple user types. Located near prominent retail corridors with easy access to major thoroughfares, the site provides visibility, on-site parking, and a detached garage for extra utility. The Village Mixed Use zoning further enhances flexibility for prospective occupants looking for a long-term business destination.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,530 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 5,530 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 5,530 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
2131 E 54th St offers tenants a versatile and conveniently located commercial space within the thriving Broad Ripple community. The 5,530 SF building includes conference rooms, classrooms, a reception area, and an additional fenced outdoor play space, making it suitable for organizations seeking multi-purpose functionality. Historically utilized by educational, nonprofit, and religious groups, the property’s layout supports multiple user types. Located near prominent retail corridors with easy access to major thoroughfares, the site provides visibility, on-site parking, and a detached garage for extra utility. The Village Mixed Use zoning further enhances flexibility for prospective occupants looking for a long-term business destination.
Property Taxes
| Parcel Number | 49-07-07-141-015.000-801 | Improvements Assessment | $352,200 |
| Land Assessment | $51,600 | Total Assessment | $403,800 |
Property Taxes
Contact the Sale Advisor
2131 E 54th St