# 1628 Bates Street, Indianapolis, IN 46201

> **TL;DR:** commercial, $1,600,000 ($257/sqft), built 1908, 6,232 sqft. Est. $6,933/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,600,000 |
| Price/sqft | $257 |
| Square Feet | 6,232 |
| Year Built | 1908 |
| Lot Size | 20,038 sqft (0.46 acres) |
| Property Type | Commercial (Industrial) |
| Status | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,933 |
| **Total** | **$6,933** |

## Property Highlights

- Built in 1908
- 0.46 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 1628 Bates Street, Indianapolis, IN 46201
- **County:** Marion
- **Coordinates:** 39.762239, -86.131323
- **Google Maps:** https://www.google.com/maps?q=39.762239,-86.131323

## Listing Agent

- **Name:** Garrett Lawton
- **Brokerage:** Trueblood Real Estate
- **Phone:** 3174108851
- **Email:** g.lawton@truebloodre.com

## Primary Photo

![1628 Bates Street - Primary Photo](http://lh.rdcpix.com/e91d3d08ee3e513947d861935c6086e1l-f1970592625r.jpg)

*32 total photos available on [listing page](https://www.propertysimple.com/listing/1628-bates-street-indianapolis-in-46201-22090477)*

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**MLS#:** 22090477 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1628-bates-street-indianapolis-in-46201-22090477)

---

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