Carmel, IN Commercial Real Estate for Sale

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Renovated Two-Story Office Building
Updated: Apr 6
Renovated Two-Story Office Building

10455 N College Avenue, Carmel, IN 46280

$4,170,000
0.90 AC lot
12,385‑square‑foot office building on 0.9 acres
Two‑story structure originally built in 1968
Extensive interior and exterior renovations completed over the last two years
Four kitchens, including two washable commercial kitchens
Four residential furnaces and six AC units
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Freestanding Medical Office Space
Updated: Jun 30
Freestanding Medical Office Space

15018 Greyhound, Carmel, IN 46032

$985,000
1.00 AC lot
Approximately 5,403 SF medical office building on a 1.00‑acre lot
20 existing surface parking spaces
Veterinary‑style interior layout from prior animal hospital use
Dedicated monument signage
On‑site room for additional parking
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Land, Carmel, IN
Land, Carmel, IN

12779 Old Meridian Street, Carmel, IN 46032

$985,000
0.54 AC lot

Commercial land · 0.54 Acres

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Freestanding Medical Office Building
Freestanding Medical Office Building

15018 Greyhound Ct, Carmel, IN 46032

$985,000
5,403 sqft 1.00 AC lot

Freestanding building on a 1-acre lot with existing surface parking and a veterinary-style interior layout.

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B-2 Commercial Land Parcel
B-2 Commercial Land Parcel

Weston Pointe Drive, Carmel, IN 46032

$649,900
1.00 AC lot

One-acre commercial site with shared parking and approved office, restaurant, daycare, and service uses.

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Renovated Two-Story Office Building
Renovated Two-Story Office Building

10455 N College Ave, Carmel, IN 46280

$4,170,000
12,385 sqft

Updated commercial office property with multiple kitchens, refreshed building systems, and ADA-compliant features.

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In-Line Retail and Medical Suite
In-Line Retail and Medical Suite

12505 Old Meridian St., Carmel, IN 46032

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1,650 sqft

In-line suite with strong visibility, access, and parking for retail, service, medical, or boutique office use.

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Fully Leased Mixed-Use Assemblage
Fully Leased Mixed-Use Assemblage

8 West Main Street, Carmel, IN 46032

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12,490 sqft

Three parcels sit at a district intersection near retail, restaurants, galleries, and the Monon Greenway.

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Class A Office Building
Class A Office Building

10450 11939 N Meridian St, Carmel, IN 46032

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59,492 sqft

Class A office building with frontage along US-31/Meridian Street in Carmel, Indiana.

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Which Wich Sandwich Restaurant
Which Wich Sandwich Restaurant

4335 W 106th St, Suite 1200, Carmel, IN 46032

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1,200 sqft

Built-out sandwich space with an efficient ordering system and on-site parking.

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Office-Zoned Commercial Land
Office-Zoned Commercial Land

9998 North Michigan Road, Carmel, IN 46032

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24,670 sqft

Commercial land designated for office use with retail surroundings and multifamily development nearby.

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Carmel Office Building For Sale
Carmel Office Building For Sale

695 Pro-Med Ln, Carmel, IN 46032

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18,138 sqft

18,138 SqFt office building in Carmel, Indiana.

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Shadow-Grocery Anchored Retail Center
Shadow-Grocery Anchored Retail Center

2140-2208 E 116th St, Carmel, IN 46032

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233,727 sqft

Grocery-anchored retail center prominently positioned at a busy Carmel intersection with multiple recently executed leases.

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Single-Story Office Unit
Single-Story Office Unit

704 Adams St, Carmel, IN 46032

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3,383 sqft

Efficient professional space with a dedicated entrance for staff and visitors.

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Ground Floor Retail Condominium Units
Ground Floor Retail Condominium Units

7015 E 146th St, Carmel, IN 46033

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1,800 sqft

Three ground floor retail condominium units totaling 5,828 sf are available within a mixed-use residential development.

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Ground Floor Retail Condominiums
Ground Floor Retail Condominiums

7015 E 146th St, Carmel, IN 46033

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1,631 sqft

Three ground floor retail condominium units are available totaling 5,828 SF within a four-story apartment building.

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Carmel Class A Office Building
Carmel Class A Office Building

12411 N Pennsylvania St, Carmel, IN 46032

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19,000 sqft

Premier 19,000 SF Class A office building in Carmel, Indiana.

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Carmel Office Suites Available
Carmel Office Suites Available

9640-9650 Commerce Dr. |, Carmel, IN 46032

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55 sqft

Prime Carmel location with executive and private office suites available.

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Specialty Commercial Property
Specialty Commercial Property

15018 Greyhound, Carmel, IN 46032

$985,000

For-sale specialty commercial property in Hamilton County, listed with GPS-friendly directions for convenient site access.

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Retail Space for Sale
Retail Space for Sale

951 North Rangeline Road, Carmel, IN 46032

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3,928 sqft

Retail space offered for sale with approximately 3,928 SF of usable area.

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Multi-Parcel Redevelopment Land Site
Multi-Parcel Redevelopment Land Site

1001-1039 S Rangeline Rd, Carmel, IN 46032

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3.15 AC lot

Five parcels totaling 3.15± acres with prominent visibility, access, and nearby public parking.

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Renovated Two-Story Office Buildings
Renovated Two-Story Office Buildings

690 & 698 Pro-Med Ln, Carmel, IN 46032

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20,000 sqft

Two renovated two-story brick office buildings in a wooded complex, each offering surface parking on-site.

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Corporate NNN Day Care Center
Corporate NNN Day Care Center

10216 N Michigan Rd, Carmel, IN 46032

$6,143,000

Build-to-suit childcare facility with a long-term corporate lease and planned rent increases.

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Class A Office Units with Drive-In Door
Class A Office Units with Drive-In Door

4611 Lisborn Dr, Carmel, IN 46033

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9,500 sqft

New Class A office units with at-your-door parking and a custom 14’ drive-in door.

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Carmel, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Carmel, IN, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 428,452 square feet of properties for sale, with an estimated market value of $19,072,900.

Sale prices for business properties in Carmel, IN start at $649,900, averaging $2,384,112, and reaching up to $6,143,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 145K
Population Growth (5Y) +1.7%
Median Household Income $128,931
College Educated 82.0%

High-Yield Neighborhoods for Investment

Identify Carmel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Carmel - 46032 $1.5M
Indianapolis - 46280 $4.2M

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $24.58 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hamilton County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Carmel fall within the 100,000+ square foot range.

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