518 S State AVE, Indianapolis, IN 46203 – 22080303

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Jake Stiles, CLHMS

jake@cbstiles.com +1(317) 201-4092

Listed by Ashley Mullin • FS Houses LLC

$825

736 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Rent

Square Footage 736 sqft

MLS Listing ID 22080303

Tax Year 2025

Lot Size 1,306 Sqft

Acres 0.03

Property Sub-Type Mixed Use

Property Description

Currently operating as a rental, this versatile 2-bedroom, 1-bath property offers strong potential for commercial or mixed-use applications in the heart of Fountain Square. The space includes a stove and refrigerator and features a functional layout that could be adapted for office, studio, retail, or service-based use (buyer to verify zoning and permitted uses). Tenants are responsible for all utilities. Pets are permitted with a one-time pet fee of $250 per pet (maximum two pets). Located in a high-traffic, high-demand area with ongoing development and strong neighborhood momentum, this property presents a unique opportunity.

Location

State IN

County Marion

Zoning C-1

Interior

Heating Forced Air

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Building

Story 1

New Construction false

Schools

School District Indianapolis Public Schools

Read Less Info

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES

Elementary Schools 20

8

Paramount School of Excellence

Public | KG - 8
6

Center For Inquiry School 2

Public | KG - 8
5

Christel House Academy South

Public | KG - 12
5

Indpls Lighthouse Charter School

Public | KG - 12
4

Theodore Potter School 74

Public | KG - 6
4

Frederick Douglass School 19

Public | PK - 8
4

Central Elementary School

Public | 2 - 3
3

William Mckinley School 39

Public | PK - 6
3

Christian Park School 82

Public | KG - 6
2

James a Garfield School 31

Public | KG - 8
2

Thomas D. Gregg Elementary School 15

Public | PK - 6
1

Se Neighborhood School of Excellence

Public | KG - 7
1

Washington Irving School 14

Public | PK - 6
1

Francis Parker Montessori School 56

Public | PK - 8
1

Eleanor Skillen School 34

Public | KG - 6
1

Brookside School 54

Public | KG - 6
1

James Russell Lowell School 51

Public | PK - 6
1

Ralph Waldo Emerson School 58

Public | KG - 6
1

Paul I Miller School 114

Public | PK - 6
0

Key Learning Community Elementary School

Public | KG - 5

Middle Schools 8

4

Beech Grove Middle School

Public | 7 - 8
1

H L Harshman Middle School

Public | 7 - 8
0

Key Learning Community Jr High School

Public | 6 - 8
0

Crispus Attucks Med Mgnt Jr High School

Public | 6 - 8
0

Carpe Diem - Meridian Campus

Public | 6 - 12
0

Longfellow Magnet Middle School

Public | 7 - 8
0

Emma Donnan Middle School

Public | 7 - 8
0

Thomas Carr Howe Community High School

Public | 7 - 12

High Schools 6

10

Herron High School

Public | 9 - 12
5

Crispus Attucks Medical Magnet High School

Public | 9 - 12
4

Key Learning Community High School

Public | 9 - 12
1

Arsenal Technical High School

Public | 9 - 12
0

Emmerich Manual High School

Public | 9 - 12
0

Christel House Dors South

Public | 9 - 12

School and business data provided by Attom Data.

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Jake Stiles, CLHMS

+1(317) 201-4092

Broker | RB14032222

Broker RB14032222

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518 S State AVE Indianapolis, IN 46203

Jake Stiles, CLHMS

Key Details

Location

Interior

Exterior

Building

Schools

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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518 S State AVE