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About This Home

This 0-bedroom, 0-bathroom commercial at 4498 N Keystone Avenue in Indianapolis, IN is listed for $1,499,999 ($139 per sqft). the home offers 10,789 sqft of living space on a 0.30 acres lot.

Agent Description

Exceptional redevelopment and repositioning opportunity consisting of multiple contiguous parcels located at 4498 N Keystone Ave, 4460 N Keystone Ave, 2325 E 45th St, 2323 E 45th St, 2301 E 45th St, and 2219 E 45th St, Indianapolis, IN. This rare assemblage offers approximately 1.63 acres with a unique combination of Keystone Avenue frontage, I1 Li

ght Industrial zoning, and C3/D5 commercial zoning creating exceptional flexibility for future redevelopment or adaptive reuse. Properties are adjacent to the Nickel Plate Trail corridor and positioned within an evolving urban infill area experiencing increasing redevelopment and flex-industrial demand.

Potential uses may include flex industrial redevelopment, contractor service bays, industrial condominiums, showroom/warehouse concepts, adaptive reuse commercial space, creative office or studio space, maker-space/artisan industrial, live/work concepts, storage/service facilities, and long-term redevelopment opportunities.

Most buildings currently vacant allowing flexibility for repositioning and redevelopment planning. Seller currently offering properties as a package sale only, however seller may consider dividing parcels for the right offer. Buyer to independently verify all zoning, permitted uses, redevelopment potential, environmental matters, utility availability, and all information material to buyer's intended use with the appropriate governmental authorities.

Key Features

  • 0.30 acre lot

Monthly Cost Estimate

$8,022/mo

20% down · 6.5% · 30 years

Principal$1,085
Interest$6,500
Insurance$437

Estimates only. Actual payments may vary.

Location

4498 N Keystone Avenue

Indianapolis, IN 46205

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4498 N Keystone Avenue is listed at $1,499,999 ($139/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.

Key features include: 0.30 acre lot.

This property is listed by Charlene Gaard and can be reached at 3174402149 or charlenegaard@aol.com.

CG

Charlene Gaard

Agent at No Limit Real Estate, LLC

(317) 440-2149

Listed by No Limit Real Estate, LLC · View on Broker Site

MLS# 22103933· Source: listhub· Updated 9 days ago

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.

4498 N Keystone Avenue, Indianapolis, IN 46205

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