317-853-7501
707-709 N Senate Ave, Indianapolis, IN for Sale
Warehouse - FOR SALE
1/8
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707-709 N Senate Ave
Indianapolis, IN 46202
Circle City


HIGHLIGHTS

  • Vacant industrial property available for immediate occupancy or redevelopment.
  • Includes an adjacent paved parking lot with approximately 30 parking spaces.
  • Features both an exterior dock door and a drive-in loading door.
  • CBD-2 zoning with secondary RC zoning supports flexible future use.
  • Located near IU Health's new downtown campus and Indiana University Indianapolis.
  • Convenient access to Interstate 65 and Interstate 70 via nearby interchanges.

OVERVIEW

707-709 North Senate Avenue presents an opportunity to acquire a vacant industrial asset in downtown Indianapolis positioned for owner-users, investors, and redevelopment groups seeking a centrally located property with multiple future use possibilities. The offering includes a single-story industrial building totaling approximately ±13,333 square feet together with an adjacent paved parking lot on approximately ±0.75 acres, creating a flexible footprint within Indianapolis' urban core. The property is configured to support a variety of industrial and operational requirements, featuring both an exterior dock door and a drive-in door for loading and logistics functionality. Approximately 30 on-site parking spaces further enhance usability for industrial, service, showroom, distribution, or flex operations. CBD-2 zoning with secondary RC zoning provides additional flexibility for prospective ownership strategies and potential adaptive reuse opportunities. Located on the northwestern edge of downtown Indianapolis, the property benefits from proximity to IU Health’s new downtown campus, Indiana University Indianapolis, and the city’s central business district. Immediate access to Interstate 65 and Interstate 70 via nearby West Street and Meridian Street interchanges provides convenient regional connectivity throughout the Indianapolis metropolitan area. The surrounding neighborhood includes a mix of industrial, warehouse, office, and adaptive reuse properties, reflecting continued investment and redevelopment activity across the area. With immediate availability, established industrial infrastructure, and a location near major employment, medical, educational, and transportation hubs, 707-709 North Senate Avenue offers a compelling opportunity to acquire a versatile urban industrial asset in one of Indianapolis’ most active redevelopment corridors.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

UTILITIES

Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

17 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.75

LAND SF

32,670

ZONING

I-3-U

APN/PARCEL ID

49-11-02-211-008.000-101,49-11-02-211-014.000-101

ASK ABOUT THIS PROPERTY

Ralph BalberALO Property GroupMore Info
317-853-7501

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Ralph BalberALO Property GroupMore Info
317-853-7501

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.