1415 Shelby Street, Indianapolis, IN 46203

Other
NZD $2,279,482
USD $1,300,000
Published on: 27 Feb 2026
Last updated on: 09 Oct 2026
1415 Shelby Street, Indianapolis, IN 46203
1415 Shelby Street, Indianapolis, IN 46203
1415 Shelby Street, Indianapolis, IN 46203
+67
1415 Shelby Street, Indianapolis, IN 46203
  • 67
Property ID: 110106004482
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Commercial Sale, Indianapolis, IN

1415 Shelby Street, Indianapolis, IN 46203
Owner-occupant opportunity in the heart of historic Fountain Square. This newly renovated 6,590 SF multi-tenant commercial property offers a rare opportunity to occupy the largest suite while maintaining income from two leased spaces. The building is prominently positioned along Shelby Street in one of Indianapolis' most active mixed-use corridors. The property consists of three suites: 1417 Shelby Street totaling 3,640 SF and currently vacant for immediate occupancy; 1415A Shelby Street totaling 1,250 SF and leased through July 31, 2028; and 1415B Shelby Street totaling 1,700 SF and leased through June 30, 2027. The layout provides a strong combination of owner-user space and stabilized tenancy within the same asset. A key feature of the property is its parking configuration. The site includes two separate parking lots, providing flexibility for tenant and customer use. The property offers direct access from Shelby Street, along with alley access to both parking areas, allowing for convenient ingress and egress, service access, and efficient traffic flow. Recent renovations enhance both the functionality and appearance of the building, delivering a move-in ready environment for an owner-occupant while maintaining quality space for existing tenants. The 3,640 SF suite presents an ideal footprint for retail, office, or service-oriented users seeking a strong presence in Fountain Square, with the flexibility to expand into additional space in the future as leases expire. This is a well-located, multi-tenant commercial asset offering immediate occupancy, established tenancy, dedicated parking, and excellent accessibility in one of Indianapolis' most desirable urban submarkets.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
1,861.56 m2
Num Floors
2
County
Marion
Parcel ID
491018231026000101
Provider
Broker Listing Cooperative®
Brokerage Office Name
Compass Indiana, LLC
Brokerage Office Phone
(317) 563-5051
Neighbourhoods
4910 - Marion - Center
Address
1415 Shelby Street, Indianapolis, IN 46203
Contact Agent
Kendrick Davis
Compass Indiana, LLC
E Main St Ste 250 10, Carmel, IN 46032-0124
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Kendrick Davis
E Main St Ste 250 10, Carmel, IN 46032-0124
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      Property ID: 110106004482

      Original Property ID: 3yd-MIBORIN-22085378
      Data provided by Broker Listing Cooperative®, MLS #: 22085378
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