1628 E Bates St 6,232 SF 100% Leased Industrial Building Indianapolis, IN 46201 $2,197,952 CAD ($352.69 CAD/SF)

Located in the highly desirable Fountain Square neighborhood, 1628 Bates St. presents a prime opportunity for investors or developers looking to capitalize on one of Indianapolis's most active growth corridors. Surrounded by a strong mix of renovated homes and new construction, this property sits in an area where demand continues to rise thanks to its proximity to downtown, the Fountain Square commercial corridor, and major commuter routes. Whether you're looking for your next redevelopment project, a potential new build site, or a strategic buy-and-hold investment, the possibilities here are significant. The lot offers strong upside in a neighborhood with continued infill development and revitalization driving momentum. Bring your vision and take advantage of the location, the growth, and the opportunity that this property has to offer.
Please note that a new roof system, gutters, and roll up garage door are being installed on the main building. Painting and tuckpointing on this building are also underway. Sale includes lots 49-10-07-106-001.000-101, 49-10-07-106-002.000-101, 49-10-07-106-003.000-101, 49-10-07-106-004.000-101, and 49-10-07-106-007.000-101.
Property being sold as-is, including zoning. Seller cannot close before 6/1/26. All noted repairs will be complete prior to closing.