- For Sale $5,750,000
- Property Type Other
- Property Size 51,300 SF
- Date Updated Sep 3, 2026
Description
233 McCrea Street is located in the Mile Square in downtown Indianapolis, offering convenient access to major downtown destinations including the Indiana Convention Center, Lucas Oil Stadium, Gainbridge Fieldhouse, and Monument Circle.Presented for sale, 233 McCrea Street offers a compelling hospitality investment opportunity with flexible potential for an owner-operator or value-add buyer. The property provides a functional layout designed to support guest accommodations, operational efficiency, and a professional presentation suitable for hospitality use. With room to position the asset through targeted improvements, the building may appeal to investors seeking a streamlined acquisition with repositioning potential. Its scale and configuration create a strong foundation for continued hospitality operations, adaptive reuse, or future enhancement aligned with market demand.
Highlights
- Adaptable configuration for future enhancement
- Flexible layout for guest accommodations
- Foundation for continued lodging use
- Functional design supporting operations
- Hospitality property offered for sale
- Investment potential in a commercial setting
- Opportunity for targeted property improvements
- Potential value-add repositioning opportunity
- Professional presentation for hospitality use
- Suitable for owner-operators or investors
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Contacts
Robert Coombes
Coombes Real Estate
Location
Located at 233 McCrea Street, Indianapolis, IN 46225, this property is part of the Wholesale District neighborhood and Indianapolis market.
Contact Listing Broker
Robert Coombes
Coombes Real Estate
