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4498 Keystone Avenue, Indianapolis

4498 Keystone Avenue, Indianapolis, IN 46205

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$1,499,999

Property Details

Bedrooms

Bathrooms

N/A

Sq Ft

N/A

Year Built

Additional Information

Property SubtypeMixed Use
MLS #MBR22103933
Lot Size0.3 Acres

Providence Property Group, PC

Residential seller representation and real estate guidance in Greenwood, Indianapolis, and nearby Central Indiana communities.

Office

612 N Madison Ave
Greenwood, IN 46142

Call/Text

(317) 746-0616

Email

garrettvaleu@providenceproperty.group

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 Light 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.

Location

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4498 Keystone Avenue, Indianapolis, IN 46205

Inquire About This Property

Preferred Contact Method

Need immediate assistance?

Call/Text Garrett: (317) 746-0616

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Listing provided courtesy of Charlene Gaard at No Limit Real Estate, LLC

Contact: charlenegaard@aol.com

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID

Based on information submitted to the MLS GRID as of October 24, 2026 at 3:02 AM EDT. 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.

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