707-709 N Senate Ave 13,333 SF Vacant Industrial Building Indianapolis, IN 46202 For Sale

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.