Mixed-Use Land for Sale in Indianapolis, Indiana
2345 S Arlington Ave, Indianapolis, IN 46203
Located at 2345 S Arlington Ave, Indianapolis, IN 46203, this 5-acre property offers exceptional potential for commercial development or investment. Zoned C1 (Office-Buffer Commercial District), this site is ideal for a variety of permitted uses, including professional offices, medical clinics, retail shops, personal services, childcare centers, and more-making it a versatile opportunity in a growing area. The property includes an 864 SF single-family home featuring 3 bedrooms, 1 bathroom, and a mini barn. Which could serve as temporary rental, office space, or on-site housing during development. With ample space for expansion and easy access to 465 and 74, this property is well-positioned for business use or redevelopment. Whether you're looking to establish a new commercial venture, build office space, or explore mixed-use possibilities, this site offers a strong foundation for future growth.
Location
- Street address
- 2345 S Arlington Ave
- County
- Marion County
- Community
- Arlington
- School district
- MSD Warren Township
- Elevation
- 840 feet
Property details
- Acreage
- 5 acres
- Zoning
- C1
- MLS #
- MIBOR 22025580
- Posted
Parcels
- 491023109003000700
Legal description
327.38Ft Wl X 665.30Ft Beg 1011.12Ft S Of Nw Cornw1/4 S23 T15 R4 5Ac
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- Keller Williams Realty
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Nov 18, 2025 | Price drop | $1,000,000 | $250,000 -20% | MIBOR |
| July 8, 2025 | Price drop | $1,250,000 | $125,000 -9.1% | MIBOR |
| May 6, 2025 | Price drop | $1,375,000 | $125,000 -8.3% | MIBOR |
| Mar 7, 2025 | New listing | $1,500,000 | — | MIBOR |