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$950,000
12,800
square ft

141 N Shortridge Road
Indianapolis, Indiana 46219

Closed / MLS #22000001 / Commercial / Mixed Use / East Gate - Indianapolis
Listing information updated 11/4/2025 at 9:26pm
This turnkey commercial property-features two buildings with 10 offices and 10 half-baths on a 1.6-acre lot, just 0.4 miles from I-465. Recent upgrades include brand-new AC units worth $55K, two new furnaces (2023), and suite renovations totaling $100K. A couple of suites have plumbing in place for dental offices, making this an excellent opportunity for dental practitioners or related businesses. Additionally, two offices are ready to rent out, enhancing income potential. Building 141 features a stair lift for enhanced accessibility. The expansive lot offers room for additional development within permitted uses. Once fully leased, this investment is projected to generate an 7%+ CAP. Offering Memorandum available in the Documents section.
Lot Size:
1.6 Acres
Acreage:
1.6
Built:
1974
Roof:
Asphalt
Current Use:
Office
Potential Use:
Medical/Dental
Zoning:
C1
Building Square Feet:
12,800
Tax Amount:
N/A
Tax Year:
2023
Zip Code:
46219
City:
Indianapolis
County:
Marion

Listing Office: eXp Realty, LLC

Listing Office Phone: 888.611.3912

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 11/4/2025 at 9:26pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$199,176
Average Sale Price
43
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 141 N Shortridge Road, Indianapolis, IN 46219

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141 N Shortridge Road, Indianapolis, IN 46219 is a commercial / mixed use which sold for $950,000. This commercial / mixed use has been listed on @properties IND since September 7th, 2024 and was built in 1974.