Indianapolis, IN Flex Space for Sale

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Updated: Aug 17

Automotive Repair Shop with Paint Booth

7086 Southeastern Ave, Indianapolis, IN 46239

$1,100,000

9,000 sqft

6,000‑square‑foot primary automotive shop
3,000‑square‑foot secondary building measuring 30x100 feet
16‑foot ceilings in the pole barn‑style building
Custom‑built paint booth and separate paint‑mix computer room
Two post automotive lifts with capacity for equipment up to 14 feet tall

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This listing looks promising.

Here's a quick look at some key insights for

7086 Southeastern Ave, Indianapolis, IN 46239

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$100K
Annual
Price @ 7% Cap

$1.43M
Above asking
Property Type

Retail Stores
Built 1956

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Updated: Jun 27

Industrial Flex Building with Overhead Doors

1000 S Arlington Avenue, Indianapolis, IN 46203

$3,500,000

13.76 AC lot

4,242 sq. ft. industrial flex building with 828 sq. ft. of office space
Over 3,000 sq ft of manufacturing, warehouse, and industrial space
Two 14‑ft overhead doors for vehicle and equipment access
I‑3 zoning with access to I‑465 and I‑70
Interior updates include remodeled bathrooms, new flooring, fresh paint, and upgraded lighting

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Industrial Warehouse with Loading

2334 Production Drive, Indianapolis, IN 46241

$4,350,000

3.34 AC lot

I-3 industrial facility with dock and drive-in loading, office space, and direct regional transportation access.

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Two-Building Mixed-Use Property

1915 Southeastern Avenue, Indianapolis, IN 46201

$750,000

0.45 AC lot

C-3-zoned commercial asset with multi-suite space, warehouse capability, and a leased restaurant component.

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Flex Space Property

6302 W Thompson Road, Indianapolis, IN 46221

$250,000

0.45 AC lot

C3-zoned commercial property at a corner location with access to Highway 67 and I-465.

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C-3 Flex Space with Fenced Yard

3604 Madison Avenue, Indianapolis, IN 46227

$639,000

3.00 AC lot

Three-acre commercial property with warehouse, secondary building, utility connections, and outdoor operating space.

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Corner Flex Property with Service Yard

4700-4702 Southeastern Avenue, Indianapolis, IN 46203

$319,000

0.70 AC lot

Office, shop, and storage improvements support contractor and service-oriented operations.

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Renovated Multi-Tenant Flex Space

9130 Otis Ave, Indianapolis, IN 46216

$2,475,000

25,000 sqft

Renovated commercial property offers divisible suites and shared parking near major Indianapolis routes.

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Mixed-Use Building with Apartment

2121 Madison Ave, Indianapolis, IN 46225

$380,000

4,380 sqft 0.36 AC lot

Two-story owner-user property combines office, warehouse, and renovated residential space in a four-parcel configuration.

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Refinished Flex Space with Fenced Lot

3910 E 21st St, Indianapolis, IN 46218

$750,000

6,603 sqft

Updated flex property with renovated office areas, upgraded building systems, accessory storage, and secured outdoor space.

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Climate-Controlled Flex Industrial Building

8720 Robbins Road, Indianapolis, IN 46268

$1,800,000

12,000 sqft

Freestanding flex space with fenced outdoor storage, sprinklers, and motion-sensor LED lighting.

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Occupied Flex Space

6625 Network Way, Indianapolis, IN 46278

$11,722,000

89,504 sqft

Office, warehouse, and lab components support a flexible commercial configuration with loading access and full occupancy.

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Freestanding Retail/Flex Building on 82nd

6609 E 82nd St, Indianapolis, IN 46250

$2,100,000

18,500 sqft 1.34 AC lot

18,500 SF retail/flex building with visibility on 82nd Street.

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Mixed-Use Flex and Office Site

1330 N Meridian St, Indianapolis, IN 46202

$6,000,000

60,300 sqft 2.44 AC lot

Multi-building site with main office building, flex/storage building, and surface parking, adjacent to IU Health Methodist Hospital.

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Office/Warehouse Flex Building

2115 E 45th St, Indianapolis, IN 46205

$369,000

3,030 sqft

Functional office and warehouse areas include gas heat and municipal water and sewer service.

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Two-Building Flex Asset

7320 E. 86th Street, Indianapolis, IN 46256

Contact for pricing

51,948 sqft 4.75 AC lot

Two-building flex property totaling 51,948 square feet on approximately 4.75 acres, fully occupied with tenant mix.

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Industrial Flex Building with Drive-In Doors

5251 W 81st St, Indianapolis, IN 46268

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20,530 sqft 1.29 AC lot

Former secure record storage facility offering office space and warehouse potential with two 12-by-12 drive-in doors.

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Warehouse with Office and Dock-High Doors

5905 Decatur Blvd, Indianapolis, IN 46241

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30,090 sqft 3.00 AC lot

Well-maintained 30,090 SF warehouse with 7,357 SF office, dock-high and drive-in doors, and 28' clear height.

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Flex Space with Private Office

2160 Fletcher Ave, Indianapolis, IN 46203

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13,824 sqft

Flex space in I3 zoning with a small office and convenient interstate access in Fletcher Place.

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Freestanding Industrial Flex Building

225 E 10th St, Indianapolis, IN 46202

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7,300 sqft

Single-story masonry industrial flex offering 4 drive-in doors and vacant delivery with immediate occupancy.

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Industrial/Flex Warehouse Building

4495 Saguaro Trail, Indianapolis, IN 46268

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10,325 sqft

Industrial/flex building offering a versatile layout and is zoned ZO01 in Indianapolis.

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Industrial Flex Showroom Warehouse

5350 Elmwood Avenue, Indianapolis, IN 46203

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5,760 sqft

Flex-style building with showroom, warehouse, and retail space plus direct Elmwood Avenue frontage and private parking.

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Corporate Headquarters Building Available

6402 Corporate Dr, Indianapolis, IN 46278

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161,411 sqft

161,411 SF corporate headquarters in Corporate Center North.

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Office Warehouse with Fenced Yard

3235 N EMERSON AVE, Indianapolis, IN 46218

Contact for pricing

14,246 sqft 2.03 AC lot

Office and warehouse space includes 15-foot clear height, a drive-in overhead door, and a secured fenced yard.

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Indianapolis, IN Flex Space Market Trends and Statistics

Explore 72 flex space for sale in Indianapolis, IN, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 1,587,340 square feet of properties for sale, with an estimated market value of $38,499,000.

Sale prices for business spaces in Indianapolis, IN start at $250,000, averaging $2,406,187, and reaching up to $11,722,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 979K

Population Growth (5Y) +2.8%

Median Household Income $67,417

College Educated 30.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46221	$250K
46201	$375K
46203	$563K
46205	$1.5M
46268	$1.8M

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

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

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