Commercial Real Estate in Indiana available for sale
Investment Properties For Sale

Investment Properties for Sale in Indiana, USA

More details for 9071 Maysville Rd, Fort Wayne, IN - Land for Sale

9071 Maysville Rd

Fort Wayne, IN 46815

  • Investment Property
  • Land for Sale
  • $3,442,750 CAD
  • 8.92 AC Lot
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More details for 1900 S Anderson St, Elwood, IN - Retail for Sale

Elwood Plaza - 1900 S Anderson St

Elwood, IN 46036

  • Investment Property
  • Retail for Sale
  • $5,195,798 CAD
  • 27,700 SF

Elwood Retail for Sale - Anderson/Madison Cnty

Dollar General Market is a supermarket prototype that is double the size of a typical DG Market, serving regional hub communities as a traditional full-service grocery store and Dollar General store. Subject Dollar General Market is a build-to-suit for DG constructed in 2005. There are only three other supermarket prototype Dollar General Market stores located in Indiana, and the Elwood store ranks as the #1 performing store in the state and top 90% in the country according to Placer.ai. Prior to the commencement of Dollar General’s second renewal option period, DG proposed a 10-year renewal. In addition, DG also installed a brand new HVAC system at its own expense in 2026. These are clear signals that subject store is a high-performing asset to DG and its long-term commitment to this site. Elwood sits in the heart of Madison County, which is part of the Indy-Carmel-Anderson MSA, 20-30 miles northeast of Noblesville and Indy, a major growth engine in tech and logistics sectors. This positioning gives the city exceptional access to major metropolitan markets while maintaining the advantages of a smaller community. Elwood’s greatest asset is its strategic position within Indiana’s industrial corridor, and the city’s major employers are over 84-year-old manufacturers whose products and operations align closely with the region's well-established logistics industry. Investment highlights - 10 Year NN commenced February 1, 2026 | 4, 5-Year Option Periods - Dollar General initiated negotiations to extend its 2nd renewal option to 10 years and installed a new HVAC system in 2026 at its own expense, clearly signalling that subject store is a high-performing asset and supporting DG’s long-term commitment to this site. - No. 1-ranked Dollar General store in the state of Indiana and top 90% in the country according to Placer.ai. - Strip Center adjacent to DG Supermarket is 100% occupied and owned by a local resident. It was gut-renovated into a brand new gym, Power Barn - House of Payne, opened in 2019 and popular with locals. - A $25M development housing project at the golf course, less than one mile South from subject property (three-minute drive), will bring a mix of multi-family, single-family homes, owner-occupied units, and senior living to Elwood and even higher foot traffic to the Dollar General Market. Phase I was so successful that Phase II is already being discussed. - Elwood, Indiana is located in Madison County, which is part of the fastest-growing Indy-Carmel-Anderson MSA. 12 miles north of Noblesville and Indy, a major growth engine in tech and logistics sectors. Elwood's workforce is anchored by 80+ year old legacy manufacturers whose products and operations align closely with the region's well-established logistics industry. Investment Grade Dollar General Corporate Guarantee NYSE: DG; S&P rating ‘BBB’

Contact:

Kelco Investments

Property Subtype:

Drug Store

Date on Market:

2026-07-21

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More details for 2305 S Rotherwood Ave, Evansville, IN - Multifamily for Sale

Senior World - 2305 S Rotherwood Ave

Evansville, IN 47714

  • Investment Property
  • Multifamily for Sale
  • $1,514,810 CAD
  • 14,752 SF
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More details for 15 S Indiana St, Greencastle, IN - Retail for Sale

15 S Indiana St

Greencastle, IN 46135

  • Investment Property
  • Retail for Sale
  • $688,412 CAD
  • 3,380 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Wheelchair Accessible
  • Smoke Detector

Greencastle Retail for Sale - Putnam County

**SELLER MOVTIVATED** Turnkey Mixed-Use Investment with Short-Term Rental Income and Commercial Cash Flow Discover a rare opportunity to acquire a fully renovated mixed-use asset in the heart of downtown Greencastle, Indiana—home to prestigious DePauw University and one of the most desirable college-town markets in the Midwest. This historic property has undergone more than $400,000 in recent renovations and capital improvements, creating a turnkey investment opportunity for buyers seeking immediate income potential with minimal deferred maintenance. Positioned in the heart of historic downtown Greencastle, Indiana, this exceptional commercial property offers investors the opportunity to own a landmark location in one of Indiana's most vibrant college communities. Located just steps from DePauw University, a nationally recognized private university with students from across the United States and around the world, this property benefits from year-round traffic generated by students, faculty, alumni, visitors, and local residents. DePauw University has been a cornerstone of the community since 1837 and continues to attract a highly educated and affluent demographic. The building sits adjacent to the iconic Moore's Bar & Grill, a local institution that has served as a destination gathering place for generations and remains one of the most recognizable establishments in Putnam County.

Contact:

LMR Realty, LLC

Property Subtype:

Storefront Retail/Office

Date on Market:

2026-06-30

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More details for 326 N Jefferson St, Bloomington, IN - Multifamily for Sale

Jefferson Townhomes - 326 N Jefferson St

Bloomington, IN 47408

  • Investment Property
  • Multifamily for Sale
  • $2,044,993 CAD
  • 4,200 SF
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More details for Southern Plaza, Indianapolis, IN - Land for Sale

Southern Plaza Land - Southern Plaza

Indianapolis, IN 46227

  • Investment Property
  • Land for Sale
  • $1,652,520 CAD
  • 4.66 AC Lot
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More details for 1121 E State Blvd, Fort Wayne, IN - Retail for Sale

1121 E State Blvd - 1121 E State Blvd

Fort Wayne, IN 46805

  • Investment Property
  • Retail for Sale
  • $220,336 CAD
  • 2,444 SF
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More details for 3030 Michigan St, South Bend, IN - Office for Sale

3030 Michigan St

South Bend, IN 46614

  • Investment Property
  • Office for Sale
  • $645,860 CAD
  • 4,709 SF
  • Air Conditioning
  • Smoke Detector

South Bend Office for Sale - Greater South Bend

~~Prime Investment Opportunity – Historic Studebaker Office/Home Zoned Commercial & Residential~~ Don’t miss this rare chance to own a beautifully preserved 1884 Studebaker-built property offering dual zoning for both commercial and residential use, making it perfect for investors, entrepreneurs, or professionals seeking a unique and functional space. Located on high-visibility South Michigan Street, this property includes the main building and two additional vacant lots, ideal for future development, expanded parking, or additional structures. Currently set up for mixed-use, the property features a spacious main floor that has operated as professional office space, with a private entrance, multiple office rooms, a half bath with an original marble sink, formal meeting room, and a grand foyer with an original ceramic fireplace. The second floor offers additional office or living space, including built-in shelving, an exterior door to a covered porch, and access to four bedrooms and a full bath. The lower level includes a large meeting or entertainment area, full bath, storm shelter, and additional rooms for workspace, storage, or staff use. With over 5,000 seasonal blooms and professionally landscaped grounds, the property creates a welcoming atmosphere for clients or guests. Structural enhancements, including seven steel beams and a full poured concrete foundation, make the building sturdy and adaptable for future use. A third-floor walk-up attic adds valuable storage, and the shed with electricity supports additional utility needs. This versatile space is perfect for law offices, accounting firms, creative studios, boutique businesses, or a charming bed & breakfast/Airbnb. Investors will appreciate the multiple revenue streams possible through live/work arrangements, office and short-term rentals, or mixed-use configurations. The wired fire alarm system, in-ground sprinkler, private parking lot, and low taxes only add to its appeal. This is a truly unique property—rich in history, unmatched in craftsmanship, and loaded with income-generating potential. Properties like this rarely come to market.

Contact:

RE/MAX 100

Date on Market:

2026-04-07

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More details for 305 E Washington St, Greencastle, IN - Retail for Sale

305 E Washington St., Greencastle, IN - 305 E Washington St

Greencastle, IN 46135

  • Investment Property
  • Retail for Sale
  • $550,702 CAD
  • 2,909 SF

Greencastle Retail for Sale - Putnam County

Public Remarks Charming Victorian in the Heart of Greencastle - Turn-Key & Full of Character! Fall in love with this beautiful Victorian gem, ideally located just blocks from DePauw University, local dining, quaint shops, and the seasonal festivals and farmers market that make downtown Greencastle so special. Currently operating as a fully equipped hair and nail salon, this turn-key property offers endless possibilities - continue as a salon, enjoy rental income, Airbnb, or convert it back into a stunning private home. The salon features six available booths and a nail station, offering excellent income potential for stylists or a new owner looking to expand. Inside, you'll find intricate woodwork, beautiful natural light, and the inviting warmth of a bygone era. Relax on the spacious and inviting covered front porch, perfect for morning coffee or greeting guests. In addition to the main salon space, the property includes two vacant apartments - a newly remodeled 1 bed/1 bath unit in back and a Victorian-style 2 bed/1 bath apartment upstairs with charming period details. A large parking area behind the building provides ample parking for clients and tenants or could serve as space for future expansion of the already generous salon. Private Remarks Currently operating as a hair & nail salon; most equipment and furnishings can convey with acceptable offer (turn-key opportunity). Two apartments 1bed/1bath (on its own electric meter) 2 bed/1bath (on its own gas and electric meter) - offer excellent income potential. If the buyer continues salon operations, seller is open to discussing booth-rental arrangements for her and other stylists. Mixed-use zoning; buyer to verify intended use with the city. Please allow 24-hour notice for showings to respect tenants and business operations. Preferred showing times are afternoons or early evenings. Questions: contact Cinder Fay at 765-720-8477. Offers: email cinder@nancysrealestateteam.com.

Contact:

FC Tucker

Property Subtype:

Storefront Retail/Residential

Date on Market:

2026-03-31

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More details for 2620 N SR 39, Lebanon, IN - Land for Sale

Onyx Pointe Townhomes - 2620 N SR 39

Lebanon, IN 46052

  • Investment Property
  • Land for Sale
  • $2,409,925 CAD
  • 5.99 AC Lot
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More details for 814 E Washington St, Greencastle, IN - Office for Sale

814 E Washington St

Greencastle, IN 46135

  • Investment Property
  • Office for Sale
  • $406,244 CAD
  • 3,531 SF
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More details for 18-20 NW 6th St, Evansville, IN - Retail for Sale

L.E. Long Building - 18-20 NW 6th St

Evansville, IN 47708

  • Investment Property
  • Retail for Sale
  • $1,204,962 CAD
  • 7,830 SF

Evansville Retail for Sale - Downtown Evansville

Opportunity to purchase a highly visible and well-located historic two-story mixed-use building in the heart of Downtown Evansville. This unique asset offers both immediate income with a short-term rental and significant upside with 5,000 square feet of commercial space for an owner-user or investor. The 1,950 SF second floor has been completely renovated and features a 3-bedroom, 1-bath short-term rental unit operating as The Loft on 6th. The unit has been actively listed on Airbnb for over 7 years, providing an established and proven income stream. The ±5,000 SF ground floor commercial space is currently in shell condition, offering a blank canvas ideal for an owner-operator or for custom build-out to suit a restaurant, bar, or entertainment concept. The property also includes a two-story carriage house located at the rear of the building, featuring a ±400 SF second-floor loft space, providing additional flexibility for office, studio, or auxiliary use. This location is exceptionally well-suited for a restaurant, bar, or live music venue that would benefit from strong event traffic and proximity to the Ford Center and the Victory Theatre. The surrounding synergy with major entertainment venues and downtown attractions creates a rare opportunity to establish a destination concept in Downtown Evansville's Entertainment District. Qualified inquiries only.

Contact:

Market Retail Partners LLC

Property Subtype:

Restaurant

Date on Market:

2026-02-03

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More details for 502 W Main St, Danville, IN - Office for Sale

502 W Main St

Danville, IN 46122

  • Investment Property
  • Office for Sale
  • $1,067,252 CAD
  • 4,661 SF
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More details for 4844 Conner St, Noblesville, IN - Land for Sale

4844 Conner St

Noblesville, IN 46060

  • Investment Property
  • Land for Sale
  • $2,477,403 CAD
  • 2.20 AC Lot
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More details for 8415 Whitcomb St, Merrillville, IN - Land for Sale

Phases 5 & 7 500 Apartments Approved - 8415 Whitcomb St

Merrillville, IN 46410

  • Investment Property
  • Land for Sale
  • $10,672,525 CAD
  • 36 AC Lot

Merrillville Land for Sale - Indiana

The offering herein includes up to 500 approved apartment units within Phases 5 & 7 in the Liberty Estates planned unit development, which is primarily a residential mixed use PUD with a limited amount of flex and self storage uses are approved within Phase 6. The approved PUD further includes: 250 residential units, currently under construction by Luxor Homes, Inc., in Phases 1, 2 & 3; 224 single story 2 bedroom / bath, for rent units, currently under construction, by Redwood in Phase 4; +/-14.25 acres of self and outdoor storage and flex space (currently being engineered) in Phase 6; +/-50 acres of mixed-use residential (currently being engineered) to be built by Luxor Homes, Inc. in Phase 8. Developer fully installed infrastructure serves the entire PUD, including Phases 5 & 7. The Buyer would only need final detailed plan approval (conceptual site plan, engineering, landscape design, lighting plan, architectural review) to break ground. It is estimated that the approval process with the Town may take 90 days from initial submission. Luxor Homes, Inc. is building the highest priced homes in Merrillville. Redwood is currently going vertical with approximately 10 buildings under roof and is continuing with construction on all remaining buildings. The Lake County market is severely under served in respect to new, market rate, multifamily offerings as the average product is vintage 1990’s - early 2000’s. This is primarily due to municipal restrictions placed on such development within south Lake County, which has created a high barrier to entry. Indiana Senate Bill 1 (SB 1), enacted in April 2025, is a comprehensive local government finance reform package aimed at providing property tax relief, enhancing transparency, and restructuring local income taxes (LIT). Sponsored by Sen. Travis Holdman and Rep. Jeff Thompson, it primarily targets homeowner relief—saving an estimated $1.3 billion for Hoosier homeowners—while introducing new deductions for other property classes, expanding business personal property tax (BPPT) exemptions, and imposing limits on future tax hikes. The bill shifts some tax burdens from residential to commercial properties but includes targeted relief for non-homestead residential and agricultural lands. Key changes phase in over several years to ease implementation. New Phased-In Deduction on Assessed Value: SB1 creates a deduction specifically for properties in the 2% tax cap category, which includes apartments and other rental/multi-family residential properties. This deduction reduces the net assessed value (gross assessed value minus deductions) used to calculate property taxes, directly lowering the tax bill for owners. The deduction phases in gradually over several years: 6% in 2026 12% in 2027 19% in 2028 25% in 2029 30% in 2030–2031 33% (one-third) in 2032 and every year thereafter **THIS IS NOT TAX ADVICE. CONSULT YOUR TAX PROFESSIONALS EXPERIENCED IN INDIANA PROPERTY TAXES TO CONFIRM.** SEE OM FOR FURTHER DETAIL

Contact:

Advent Real Estate Advisors

Property Subtype:

Residential

Date on Market:

2025-10-12

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More details for 6822 Coldwater Rd, Fort Wayne, IN - Land for Sale

Coldwater & I-69 Land - 6822 Coldwater Rd

Fort Wayne, IN 46825

  • Investment Property
  • Land for Sale
  • $3,289,297 CAD
  • 13.51 AC Lot
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More details for 350 Kansas St, Indianapolis, IN - Land for Sale

350 Kansas St

Indianapolis, IN 46225

  • Investment Property
  • Land for Sale
  • $16,525,200 CAD
  • 3 AC Lot
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More details for 7536 S Emerson Ave, Indianapolis, IN - Land for Sale

Senior Living Development Land - 7536 S Emerson Ave

Indianapolis, IN 46237

  • Investment Property
  • Land for Sale
  • $2,754,200 CAD
  • 5.69 AC Lot
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