- For Sale $869,000
- Property Type Industrial - Showroom - Industrial
- Property Size 6,964 SF
- Lot Size 0.45 Acre
- Building Class C
- Year Built 1953
- Year Renovated 2016
- Date Updated May 11, 2026
- HVAC None
Description
Freestanding commercial/industrial building near I-65, adjacent to Riverside Regional Park and the 16Tech innovation district in Indianapolis.This freestanding office or commercial building, situated on ± 0.45 acres (± 19,689 SF per assessor), presents a compelling opportunity for commercial or industrial use, particularly given its C-5 zoning suitability, which is among the most desirable commercial classifications in Indianapolis. The property is located in close proximity to I-65, offering ease of access and logistical advantages.
Key Features & Strengths:
-Structural Integrity & Layout: The building retains good bones, and the conference room remains intact.
-Location & Zoning: The property is well-positioned for C-5 zoning, allowing for a variety of high-value commercial and industrial uses.
Site Enhancements:
-Completely renovated in 2016 with significant capital improvements.
-Newly paved and dedicated parking lot.
-Fencing, and gates added for security and aesthetics.
-Drive-in door and dock, along with outdoor storage area for flexible operational use.
-Monument signage in place for branding and visibility.
Connectivity & Accessibility:
-Adjacent to Riverside Regional Park and in proximity to 16Tech, a growing innovation district.
Interior & Collaboration Spaces:
-Features multiple conference and collaboration areas.
-Includes an open ceiling and a glass-front conference room that enhances natural light and aesthetic appeal.
Whether you're an investor seeking income potential or an owner-user ready to establish your presence in a booming area, this property presents a compelling opportunity with value-add potential.
Don't miss your chance to own a piece of Indianapolis’ urban growth story—schedule your private tour today.
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Contacts
Annie Scott
Annie Scott Realty Group
Location
Located at 1728 W 16th St, Indianapolis, IN 46202, this property is part of the Riverside neighborhood and Indianapolis market.
Contact Listing Broker
Annie Scott
Annie Scott Realty Group