# 536 E Market Street, Indianapolis, IN 46204

> **TL;DR:** commercial, $3,900,000. Est. $16,900/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,900,000 |
| Lot Size | 39,640 sqft (0.91 acres) |
| Stories | 3 |
| Property Type | Commercial (Office) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $16,900 |
| **Total** | **$16,900** |

## Property Highlights

- 0.91 acre lot
- 3 stories

## Description

### Agent Description
Rare opportunity to acquire a well-maintained, mixed-use investment property in the heart of Indianapolis. With over 20,000 square feet, this versatile site is zoned CBD-2, allowing for a wide range of uses including retail, office, and multifamily development. The property provides immediate income with tenants in place while offering exceptional flexibility for redevelopment or owner occupancy. Building features include elevator service, a dry sprinkler system, energy-efficient LED lighting throughout, and new AC units within the last 5 years. Over 20 paved parking spaces are included, with an additional gravel lot for more parking or future development potential. Located in the thriving Market East District, the property is minutes away from Mass Ave, the Cultural Trail, Gainbridge Fieldhouse, and some of the best dining in the city! Whether you're seeking a stable investment, value-add opportunity, or future redevelopment play, this site offers a unique combination of location, flexibility, and long-term upside in one of Indy's most dynamic urban corridors.

## Location

- **Address:** 536 E Market Street, Indianapolis, IN 46204
- **County:** Marion
- **Coordinates:** 39.768659, -86.147782
- **Google Maps:** https://www.google.com/maps?q=39.768659,-86.147782

## Listing Agent

- **Name:** Shelly Johnson
- **Brokerage:** Keller Williams Indy Metro S
- **Phone:** (317) 882-5900
- **Email:** shellyj9125@gmail.com

## Primary Photo

![536 E Market Street - Primary Photo](http://lh.rdcpix.com/012b72ff6ab5fc01ddbaa23e41bfc0d5l-f2780740997r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/536-e-market-street-indianapolis-in-46204-22108271)*

---

**MLS#:** 22108271 | **Updated:** 2026-06-24
**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/536-e-market-street-indianapolis-in-46204-22108271)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "536 E Market Street, Indianapolis, IN 46204",
  "description": "Rare opportunity to acquire a well-maintained, mixed-use investment property in the heart of Indianapolis. With over 20,000 square feet, this versatile site is zoned CBD-2, allowing for a wide range of uses including retail, office, and multifamily development. The property provides immediate income with tenants in place while offering exceptional flexibility for redevelopment or owner occupancy. Building features include elevator service, a dry sprinkler system, energy-efficient LED lighting th",
  "url": "https://www.propertysimple.com/listing/536-e-market-street-indianapolis-in-46204-22108271",
  "image": "http://lh.rdcpix.com/012b72ff6ab5fc01ddbaa23e41bfc0d5l-f2780740997r.jpg",
  "datePosted": "2026-06-24",
  "price": 3900000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "536 E Market Street",
    "addressLocality": "Indianapolis",
    "addressRegion": "IN",
    "postalCode": "46204",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 39.768659,
    "longitude": -86.147782
  },
  "yearBuilt": null
}
```