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Main-Level Office Unit
For Lease
$1,850/Mo NNN

8915 S Keystone Avenue, Indianapolis, IN 46227

Commercial Lease, Indianapolis, IN

Space SizeContact for details
Lot Size0.58 Acres
Days on Market374

Property Features for 8915 S Keystone Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-3
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 491519104010000500
Lot size 0.58 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Pt Se1/4 Se1/4 S19 T14 R4 Beg 355Ft N Of Se Cor P.O.B. W128' Nw67' Nw120.42' E143.17' S185' To Beg .58Ac (L24 & Pt L25 Laurelwood Estates Vacated) Opener
Legal Description Pt Se1/4 Se1/4 S19 T14 R4 Beg 355Ft N Of Se Cor P.O.B. W128' Nw67' Nw120.42' E143.17' S185' To Beg .58Ac (L24 & Pt L25 Laurelwood Estates Vacated) Opener

Amenities

monument sign

Building Details

Year built 1985
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Shelly Johnson · License #RB14043056
Added: Aug 21, 2025 Changed: Aug 19 Last Checked: Aug 29 at 9:06AM
MLS# 22048811

Copyright © 2026 MIBOR Service Corporation. 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 main-level office unit at 8915 S Keystone Avenue includes a reception area, three offices, a check-in/check-out counter, kitchenette, and one private restroom. The configuration is suited to medical or professional office use, with a practical mix of client-facing and private work areas.

The property occupies 0.58 acres in Indianapolis near Greenwood Park Mall. Shared parking includes over 30 spaces, and monument sign availability provides an additional on-site identification option. The building was constructed in 1985 and is offered under a modified gross lease structure without additional NNN or CAM fees. C-3 zoning supports the stated commercial office setting.

Key Highlights

  • Main‑level office unit with reception area and three offices
  • Includes check‑in/check‑out counter, kitchenette, and 1 private restroom
  • Over 30 shared parking spaces available

Property Analytics

Current Use

Ella Stephenson, Broker/Realtor® Real Estate Agency Bottoms up Scuba ... (Bike/Boat/Book/etc) Store Lily Massage Alternative Medicine Practice Financial Designs Financial Advisor Janet Giles, Broker/Owner ... Real Estate Agency

Suggested Use

Top Pick Law Firm Parking Lot & Garage Electrical Service HVAC Service Garden Center Veterinary Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,234
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
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Frequently Asked Questions

What type of property is this?
Office units - C-3-zoned suite with reception, private offices, kitchenette, and dedicated restroom.
Where is this office units located?
The property is located at 8915 S Keystone Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $1,850/Mo.
What are key features of this property?
This property features: Main‑level office unit with reception area and three offices; Includes check‑in/check‑out counter, kitchenette, and 1 private restroom; Over 30 shared parking spaces available
More about this property
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