216 Parkway AveIndianapolis, IN 46225

For Sale
$1,500,000
Historic Indianapolis Church, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
126
This stunning 12,500 square foot mixed-use property at 216 Parkway Avenue in Indianapolis, Indiana, presents a unique investment opportunity. Built in 1912, this charming building currently operates as a church but offers immense versatility. Its spacious layout is ideal for a variety of uses, including a wedding venue, office space, or even a daycare center. The property's substantial size allows for ample room for large gatherings. The asking price is $1,500,000, translating to $120 per square foot. Situated on a generous 15,400 square foot lot, the property also includes three additional lots, providing the potential for expanded parking or future development. Located in Marion County, Indiana, with the zip code 46225, this property boasts a rich history and a bright future, ready for its next chapter. Its prime location and adaptable design make it an exceptional investment for discerning buyers seeking a unique and versatile property with significant upside potential. The building's historical character blends seamlessly with its modern adaptability, making it a truly remarkable opportunity. Don't miss this chance to acquire a piece of Indianapolis history with significant redevelopment potential.

Highlights

  • 12,500 SF mixed-use building on a 15,400 SF lot in Indianapolis, IN.
  • Currently operating as a church, adaptable for various uses including wedding venue, office, or daycare.
  • Asking price: $1,500,000 ($120/SF).
  • Includes three additional lots, offering expansion potential.
  • Located at 216 Parkway Avenue, Indianapolis, IN 46225.

Property Details for 216 Parkway Ave

Property type
Specialty properties, Churches & religious facilities
Square Feet
12,500 SF
Year Built
1912

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.748988299244
Longitude
-86.15324029422
216 Parkway Ave, Indianapolis, Indiana

FAQs

What type of property is this?
Specialty property - Historic Indianapolis Church, Huge Potential
Where is the specialty property located?
The property is located at 216 Parkway Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 12,500 SF mixed-use building on a 15,400 SF lot in Indianapolis, IN.; Currently operating as a church, adaptable for various uses including wedding venue, office, or daycare.; Asking price: $1,500,000 ($120/SF).
How can I contact the broker?
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216 Parkway Ave
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