1628 Bates ST, Indianapolis, IN 46201
1628 Bates ST, Indianapolis, IN 46201
1628 Bates ST, Indianapolis, IN 46201
1628 Bates ST, Indianapolis, IN 46201
1628 Bates ST, Indianapolis, IN 46201
1628 Bates ST, Indianapolis, IN 46201
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Rick Daves

Rick Daves

+1(317) 614-5484
Listed by Annie Scott • F.C. Tucker Company
$ 1,190,000
Est. payment | /mo

7,198 SqFt

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$ 1,190,000
Est. payment | /mo
Save Virtual Tour

7,198 SqFt

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 7,198 sqft

Price per Sqft $165

MLS Listing ID 22120509

Year Built 1908

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type Industrial

Property Description

Located in the heart of highly desirable Fountain Square, 1628 Bates St. offers a rare combination of commercial and residential space in one of Indianapolis's most walkable, energetic, and rapidly evolving neighborhoods. Fountain Square is loved for its character, independent restaurants and bars, local shops, entertainment, and strong sense of community-all just minutes from Downtown Indianapolis and the Cultural Trail. The property features an improved former industrial building with a flexible commercial gym space and a separate two-bedroom residential component, creating an excellent opportunity for an owner-user, investor, or entrepreneur seeking a property that combines business and residential potential. The gym space offers an open, versatile layout ideal for fitness, wellness, studio, creative, or other commercial uses, along with a separate room that could serve as private office, retail, or additional functional space. The entire property is securely fenced, providing privacy and flexibility for outdoor use. The residential portion features two bedrooms, an open kitchen and living area, a garage door that opens to create a seamless indoor-outdoor entertaining space, and a private fenced balcony. The layout provides a unique residential experience while complementing the commercial component of the property. The property is currently occupied by Feel Good Naked Gym and will be delivered vacant at closing, allowing the next owner to immediately implement their own vision. Recent improvements include a new roof with a 15-year warranty, fresh exterior paint, and completed tuckpointing, providing a strong foundation for future ownership and improvements. Surrounded by renovated homes, new construction, local businesses, and ongoing investment, 1628 Bates St. is positioned within one of Indianapolis's most active growth corridors. Bring your vision to a property that offers character, flexibility, and a location that continues to attract residents & businesses

Location

State IN

County Marion

Zoning I-3

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Story 1

New Construction false

Schools

School District Indianapolis Public Schools

Others

Virtual Tour https://youtu.be/9sJ43iRTfjQ?si=0f-fRV5-YNBSzE8_

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

Nearby Locations

Rick Daves

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 614-5484

rick@bluprintrealestategroup.com

6357 W US Highway 52 New Palestine, IN 46143, New Palestine, IN 46163, USA

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1628 Bates ST