2525 E 38th Street
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2525 E 38th StreetIndianapolis, IN 46218


Active
$170,000
Asking Price
0.23
Ac Lot

2525 E 38th Street Indianapolis, IN 46218


Commercial LandProperty Type
163 daysTime on Dwellane
$739,130Price per acre
Amazing commercial land opportunity! This location is perfect for a variety of business types due to being on busy 38th St. corner lot and near the Fairgrounds. High traffic area with potential for a diverse customer base. Already an established area with several businesses, from retail to food and gas, this would be an easy spot to get immediate traction and awareness of your business. Zoned for commercial uses and nearly an acre lot, there is room to accommodate several business types, including: fast food, coffee shop/cafe, convenience store, pharmacy, bank, retail store, auto service, fitness center/gym, medical/dental clinic, pet store/veterinary clinic, and more! The perfect spot to begin your next business endeavor!

Approximate location on a geospatial gridEast Indy
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Buyer Blueprint

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City

Indianapolis

Type

Commercial Land

Neighborhood

Fall Creek Corridor

County

Marion

Lot Size

0.23 ac / 9,801 sqft

Connect with a Dwellane Agent

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Listing Agent

Patrick Keller
317-364-5858

Listing Provider

CrestPoint Real Estate

MLS #

22021259

Source

MIBOR as distributed by MLS GRID

Last Modified

Fri Feb 07 2025

Listed on

Fri Feb 07 2025


Property History

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Fall Creek Corridor

Approximate location on a geospatial gridEast Indy
Fall Creek Corridor media

The Fall Creek Corridor spans a collection of historic and evolving neighborhoods along the Fall Creek waterway, connecting some of Indianapolis’s most recognizable landmarks with everyday community spaces. This stretch includes Fall Creek Place, Mapleton-Fall Creek, Herron-Morton Place, and Kennedy-King — each with its own character, mix of housing, and neighborhood anchors. The Fall Creek Greenway is a central thread, offering a scenic multi-use trail system for walking, biking, and connecting to the Monon Trail and White River paths. Along the way, residents encounter curated green spaces like the Fall Creek Place Arboretum, Craig Kids Memorial Park, George E. Kessler Park, and the serene Watson Road Bird Preserve, each contributing to a lifestyle rich in outdoor access.

This area is also home to many cultural, educational, and community-driven institutions. The Children’s Museum of Indianapolis anchors the west end of the corridor, while performance spaces like Footlite Musicals and the historic Martin Luther King, Jr Park — home to the Landmark for Peace Memorial — highlight the region’s deep cultural roots. Herron High School, St. Richard's Episcopal School, and Ivy Tech Community College serve local families and students, while nearby institutions like Tabernacle Presbyterian Church and CITYOGA School of Yoga and Health offer space for connection and wellness. Crown Hill Cemetery, one of the largest cemeteries in the country, is both a historic site and popular destination for walking and events.

The food and drink scene continues to expand, with local favorites like Blue Mind Coffee, Goose the Market, and PROVIDER Coffee & Cocktail Lounge offering go-to options for neighbors and visitors alike. Dining spots such as Kountry Kitchen, Tinker Street, Bocca Restaurant, MashCraft Brewing, and Baby’s Indy reflect the corridor’s range of tastes and atmospheres. You’ll also find Gather 22 for brunch and art, Foundry Provisions for coffee and community events, and new venues like West Fork Whiskey Co. bringing energy to the area. For books and local culture, Loudmouth Books adds a literary presence. Altogether, the Fall Creek Corridor offers a location that’s connected, walkable, and full of places to explore—whether you’re enjoying a trail run, catching a show, or meeting friends for coffee.

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