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Professional Office Suites Building
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1016 3rd Avenue SW, Carmel, IN 46032

Two-story office suites with private entrances, central HVAC, and secure 24/7 access for small teams.

Space SizeContact for details
Property Size5,310 SF
Days on Market51

Property Features for 1016 3rd Avenue SW

General Information

Standard status Active
Size 5,310 SF
Class C
Property subtype Multi Tenant Office

Building Details

Building Size 5,310 SF
Year Built 1972
Listing Agency: SVN | Northern Commercial
Listed By: Jess Lawhead · License #IN RB14047741
Source: Thebrokerlist
Added: Jun 22 Changed: Aug 8 Last Checked: Aug 11 at 4:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Northern Commercial

Investment Insights

Based on property information with market context.

This two-story professional office building offers available suites designed for small businesses or satellite teams. Each suite features a private entrance and shared restrooms, with layouts that may include a combination of open work areas and private offices. The property includes central HVAC and professional office finishes. Secured access is provided to individually demised suites, and the building offers 24/7 access. Common areas are currently being updated, supporting a refreshed tenant experience.

The property is located just west of the Monon Trail and Main Street in the Carmel Arts & Design District. It provides quick access to downtown Carmel amenities and nearby residential neighborhoods. The site is also within minutes of U.S. 31, with direct routes to Indianapolis and surrounding suburbs. Walkable surroundings include restaurants, retail, and nearby public parking options.

The suite configuration and secured, around-the-clock access make this building practical for professionals who need controlled entry and flexible space for client work or day-to-day operations. With surface parking on-site and surface parking total of 25 spaces, the property supports convenient arrival for staff and visitors.

Key Highlights

  • Two‑story professional office building built in 1972 with suites designed for small businesses or satellite teams
  • Each suite has a private entrance plus shared restrooms and individually demised, secured access
  • Central HVAC and professional office finishes throughout the building

Property Analytics

Current Use

Roland International Co Industrial Manufacturer CTI Construction, LLC Construction Company Cassis Design Advertising Agency A Fresh Start Family ... Social Service Agency Legacy Builders Construction Company

Suggested Use

Top Pick Storage Facility Garden Center Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Discount Store

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

1,834
Businesses Nearby

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Two-story office suites with private entrances, central HVAC, and secure 24/7 access for small teams.
Where is this office units located?
The property is located at 1016 3rd Avenue SW Carmel, IN.
What are key features of this property?
This property features: Two‑story professional office building built in 1972 with suites designed for small businesses or satellite teams; Each suite has a private entrance plus shared restrooms and individually demised, secured access; Central HVAC and professional office finishes throughout the building
More about this property
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