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Listed by Annie Scott • F.C. Tucker Company
$ 509,000
Est. payment /mo
Active
2145 Ransdell ST Indianapolis, IN 46225
8,667 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,667 sqft
Price per Sqft $58
MLS Listing ID 22070610
Tax Year 2024
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Industrial
Property Description
Located at the end of a quiet cul-de-sac just north of Raymond Street and minutes from Garfield Park, 2145 Ransdell Street offers a rare industrial opportunity in one of Indianapolis's most promising growth corridors. This wide-open warehouse-style property is currently used for storage and features convenient drive-in garage doors, excellent access to I-65, and proximity to Downtown Indianapolis. The building requires significant rehabilitation, including a new roof, window and ceiling replacement, and electrical upgrades, but its solid structure and flexible layout make it ideal for an owner-occupant or investor ready to reimagine the space. Positioned near the revitalized Garfield Park neighborhood, the area is seeing renewed investment and development. Nearby businesses, creative studios, and local favorites such as Garfield Brewery, Cafe Babette, and Skosh Provisions contribute to a vibrant, up-and-coming community atmosphere. The park itself-one of Indianapolis's oldest and most beloved green spaces-anchors the area with year-round recreation, walking trails, and community events, drawing consistent local activity. With improving infrastructure and increasing demand for flexible industrial and creative-use properties on the near south side, 2145 Ransdell Street represents a strategic opportunity to acquire a property with substantial potential in a neighborhood on the rise. The property is being sold as-is, and financing will likely need to include a rehab loan, making it a strong fit for a buyer with the resources and vision to complete a thoughtful redevelopment.
Location
State IN
County Marion
Zoning 1-4
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected
Building
New Construction false
Schools
Middle Schools Hw Longfellow Med/Stem Magnet Midl
High Schools Arsenal Technical High School
School District Indianapolis Public Schools
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