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Renovated Office Suite
For Lease
$1,850/Mo

8915 S Keystone Avenue, Indianapolis, IN 46227

Commercial Lease, Indianapolis, IN

Space Size1,600 SF
Lot Size0.58 Acres
Days on Market1067

Property Features for 8915 S Keystone Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-3
Subdivision No Subdivision
Elementary school district Perry Township Schools
Middle school district Perry Township Schools
High school district Perry Township Schools
Directions I-65 to County Line, Head West, Office is on the Right behind Lowe's
Standard status Active
APN 491519104010000500
Lot size 0.58 Acres

Taxes and HOA fees

Tax Year 2022
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 Laurel
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 Laurel

Amenities

kitchenette
private restroom

Building Details

Year built 1985
Floors in Building 2
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Shelly Johnson · License #RB14043056
Added: Sep 28, 2023 Changed: Aug 28 Last Checked: Aug 29 at 11:06AM
MLS# 21945820

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 upper-level office suite has been recently renovated and includes 5 private offices, a kitchenette, and a private restroom. The suite is part of a commercial property built in 1985 and is designated C-3 zoning.

The property is located at 8915 S Keystone Avenue in Indianapolis, across from Greenwood Park Mall. Access to I-65 and I-69 supports connectivity throughout the surrounding area. The layout is suited to professional office operations, including insurance, legal, photography, and other business uses identified for the space.

Key Highlights

  • 1,600sf upper‑level office suite
  • Recently renovated interior with 5 private offices
  • Kitchenette and private restroom included

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.08 /SF/Yr
CAM

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

This space is priced 59% below the average of $33.75 /SF/Yr.

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 - Upper-level workspace with private offices, a kitchenette, and dedicated restroom facilities.
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: 1,600sf upper‑level office suite; Recently renovated interior with 5 private offices; Kitchenette and private restroom included
More about this property
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