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Historic Office Units
For Lease
$1,500/Mo

2308 E Southport Road, Indianapolis, IN 46227

Commercial Lease, Indianapolis, IN

Space SizeContact for details
Lot Size0.14 Acres
Days on Market109

Property Features for 2308 E Southport Road

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-3
Middle school Southport Middle School
High school Southport High School
Elementary school district Perry Township Schools
Middle school district Perry Township Schools
High school district Perry Township Schools
Directions GPS Friendly
Subdivision 4907 - Marion - Perry
Standard status Active
APN 491507108007000513
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Thompson & Smock Southport L11
Legal Description Thompson & Smock Southport L11

Building Details

Year built 1890
Floors in Building 2
Listing Agency: Your Realty Link, LLC
Listed By: Brenda Dean · License #RB14047915
Added: May 13 Changed: Aug 28 Last Checked: Aug 29 at 5:06AM
MLS# 22093102

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial property dates to 1890 and is being preserved with its historic character while incorporating updated infrastructure. The office units offer flexible layouts and build-to-suit potential, giving tenants the ability to shape the space around their operational and branding requirements. The 0.14-acre property is zoned C-3 and supports a range of commercial concepts, including professional services, boutique retail, café, wellness, hospitality, and specialty uses.

Located at 2308 E Southport Road in Indianapolis, the property sits across from Long's Bakery and is positioned along an established commercial corridor. Its recognizable historic architecture and adaptable configuration provide a distinctive setting for an office or customer-facing business.

Key Highlights

  • 1890 construction with historic architectural character
  • Updated infrastructure paired with preserved historic features
  • Flexible office layouts with build‑to‑suit potential

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

334
Businesses Nearby

Demographics for 46227, IN

62,126
Population
26,411
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
83%
High-School Grad
16.7 sq mi
ZIP Area
3,720
Density / Sq Mi
$50,993
Median Household Income
$35,591
Median Earnings
$994
Median Rent
$192,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$33.75 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
7,361 SF
Avg Space Size

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - C-3-zoned commercial space with adaptable layouts and build-to-suit potential for a range of business concepts.
Where is this office units located?
The property is located at 2308 E Southport Road Indianapolis, IN.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1890 construction with historic architectural character; Updated infrastructure paired with preserved historic features; Flexible office layouts with build‑to‑suit potential
More about this property
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