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About this home
RARE COMMERCIAL OPPORTUNITY IN THE HEART OF FISHERS | HISTORIC CHARACTER + VILLAGE CENTER LOCATION. Own a piece of Fishers history with exceptional potential for office, professional, boutique, or other compatible commercial use. Located at 11393 Lantern Road, this distinctive circa-1920 Arts & Crafts property is one of the historic "Three Sisters Cottages" and offers a rare combination of character, location, and opportunity that is increasingly difficult to find in rapidly growing Fishers. Approximately 1800 square feet, the property features a unique historic floor plan, three generously sized rooms/bedrooms, 11/2 baths, a masonry fireplace, beautiful architectural character, and an abundance of natural charm. An unfinished basement provides valuable additional space for storage, utilities, files, equipment, or future build-out possibilities, subject to applicable building requirements. The property's Village Center (VC) zoning adds another important dimension to the opportunity. The Village Center district is intended to support the evolution of central Fishers and includes a range of residential, office, mixed-use, and other compatible uses. Buyers should independently verify permitted uses, parking, setbacks, signage, building requirements, and any required approvals with the City of Fishers. Location is everything-and this location is exceptional. Fishers has evolved from a small community into one of the Indianapolis region's premier destinations for business, residents, dining, entertainment, and investment. U.S. News & World Report ranked Fishers #2 among the Best Places to Live in the USA for 2026-2027, placing it among the nation's top communities. Fishers has also received national recognition for its quality of life, safety, schools, economic strength, amenities, and continued growth. For an entrepreneur, professional, investor, or owner-user, this property offers an opportunity to create something truly distinctive.
The Village Center is the population center to support downtown. Connectivity to the Downtown Core is critical for pedestrians, cyclists and vehicles. This connectivity is to be achieved through pedestrian activity on a network of trails and sidewalks. Civic functions such as schools, community centers, and churches are possible uses to help enrich the overall character and experience.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Mixed use building
Office
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fishers, IN • 46038
Average low and high temperatures (°F)
31
17
41
25
60
39
67
47
71
52
82
65
86
69
81
63
81
56
69
46
53
38
40
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
74/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
3.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 11393 Lantern Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $367,000 and $650,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $367K to $650K.