3 Beds • 3 Baths · 1,977 Sq. Ft.
2615 Koehne Street
Indianapolis, IN 46208
Mark Dietel Realty, LLC


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IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the Broker Listing Cooperative listing service as of November 11, 2026 at 12:15 PM EST. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.
Based on information submitted to the MLS GRID as of November 11, 2026 at 12:15 PM EST. 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.
371 Kansas Street
Indianapolis, IN
$12,000,000
Indianapolis, IN 46225
MLS# MBR22048840
Listed 368 days ago
PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN INDIANAPOLIS Address: 371 Kansas St, Indianapolis, IN 46225 325 W Morris St, Indianapolis, IN 46225 Combined Lot Size: Approx. 3 Acres Building Size: 4,800 SF (Built in 1998) Zoning: I-3 (Industrial Heavy) & C-S (Special Commercial). Strategically positioned in the heart of downtown Indianapolis, this rare dual-parcel offering presents an exceptional opportunity for developers, investors, and visionaries looking to transform a well-located space into a high-impact project. Ideal Redevelopment Site: Over 3 acres of land suitable for large-scale development such as mixed-use residential, hotels, restaurants, entertainment venues, and more. Existing Structure: 4,800 SF building, fully fenced and secured. Income-Producing Billboard: On-site billboard with monthly revenue stream included. Zoning Flexibility: Zoned I-3 and C-S, offering wide development potential. Less than 1 mile from Lucas Oil Stadium, home of the Indianapolis Colts. Under 2 miles to Victory Field (Indianapolis Indians), the Indiana Convention Center, and Gainbridge Fieldhouse. Within walking distance of Fountain Square, Mile Square, and downtown entertainment districts. Easy access to major corridors like I-70, I-65, and South Meridian Street. Surrounded by some of the city's largest hospitality, entertainment, and residential developments, this property sits at the crossroads of Indianapolis' future growth. Investors will appreciate the area's strong tourism draw, central location, and robust demand for housing and mixed-use spaces. Ideal Uses: Urban condominiums or apartment complexes, Boutique or flagship hotel, Food hall, brewery, or restaurant row, Tech campus, creative office space, or entertainment venue, Parking structure with retail frontage. Don't miss the chance to secure one of downtown Indianapolis' most valuable and versatile properties. Schedule a site tour.
Estimate principal and interest for this listing.
$2,400,000
Estimated monthly payment
$60,679/mo
Estimate only — not MLS listing data. Does not include taxes, insurance, or other costs. Rates change daily.
Listed by Williams Executive Realty & As with Roosevelt Williams. Contact roosevelt@williamsexecutiverealty.com.