517 E Walnut St, Indianapolis

For Sale

517 East Walnut Street, Indianapolis, IN 46202

This Indianapolis property for sale is located at 517 East Walnut Street. The current listed sale price for 517 E Walnut St, Indianapolis is $2,500,000.

Contacts

Robert Butcher

KW Commercial | Indy Metro Northeast | Robert Butcher

Property Details

  • Property Type Retail - Restaurant
  • Year Built 1900
  • Date Updated May 20, 2026

Located just off Massachusetts Avenue in Indianapolis’ thriving Chatham Arch neighborhood, this versatile 2-story building with a full basement offers exceptional flexibility for a variety of uses. Zoned C4, it can accommodate office, retail, food & beverage, personal services, and healthcare. The property also offers potential for a rooftop addition with spectacular skyline views, making it an ideal opportunity for investors or operators seeking a high-visibility location in one of the city’s most dynamic districts.

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Attachments

Getting around

  • 95/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 96/100

    Bike Score ®

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Location

  • City Indianapolis, IN
  • Neighborhood Chatham Arch and Mass Avenue
  • Zip Code 46202
  • Market Indianapolis

Points of Interest

  • Marathon

    0.32 miles

  • BP

    0.48 miles

  • ChargePoint

    0.77 miles

  • Tesla Supercharger

    1.04 miles

  • Speedway

    1.08 miles

  • Clark

    1.29 miles

  • GoLo

    1.31 miles

  • Shell

    1.59 miles

  • Tesla Destination Charger

    2.03 miles

  • Electrify America

    6.26 miles

  • 429 Penn Parking

    0.41 miles

  • Pulliam Garage

    0.46 miles

  • Market District Garage

    0.55 miles

  • Indy Flats Residential Parking

    0.63 miles

  • The Savoy

    0.64 miles

  • Circle City Residential Parking

    0.67 miles

  • 301 North Illinois Street

    0.67 miles

  • City Park

    0.74 miles

  • Virginia Avenue Garage

    0.85 miles

  • North Capitol Surface Lot

    0.87 miles

  • Petra Cafe

    0.04 miles

  • Union 50

    0.06 miles

  • Oishi Sushi and Ramen

    0.06 miles

  • Mesh

    0.09 miles

  • Thaitanium

    0.10 miles

  • Condado Tacos

    0.11 miles

  • Nine Irish Brothers

    0.12 miles

  • Livery

    0.12 miles

  • Forty Five Degrees

    0.14 miles

  • Goodfellas Mass Ave

    0.16 miles

  • Dollar General Market

    0.17 miles

  • Needler's Fresh Market

    0.37 miles

  • Whole Foods Market

    0.58 miles

  • Kroger

    0.79 miles

  • TJ Maxx

    0.86 miles

  • Carson's

    0.87 miles

  • Angelo's Food Market

    0.88 miles

  • Circle Center Mall

    0.95 miles

  • Teacher's Treasures

    1.12 miles

  • Dear Mom

    1.30 miles

Contact Listing Broker
Robert Butcher

KW Commercial | Indy Metro Northeast | Robert Butcher

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