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Office Suite with Conference Room
For Lease
$1,900/Mo

1109 N Shadeland Avenue, Indianapolis, IN 46219

Commercial Lease, Indianapolis, IN

Space SizeContact for details
Lot Size0.30 Acres
Days on Market8

Property Features for 1109 N Shadeland Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning C-1
High school Warren Central High School
Elementary school district MSD Warren Township
Middle school district MSD Warren Township
High school district MSD Warren Township
Directions GPS Friendly
Subdivision 4905 - Marion - Warren
Standard status Active
APN 490736115023000700
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Irving Ridge Add 1st Sec L76
Tax Annual Amount 4688
Legal Description Irving Ridge Add 1st Sec L76

Utilities

Utilities Cable Available

Amenities

kitchen

Building Details

Year built 1942
Roof type Shingle
Listing Agency: Carpenter, REALTORS(R)
Listed By: Robert Lane · License #AB21005206
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 13 at 7:06AM
MLS# 22130050

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 office property contains multiple office areas, a conference room, a kitchen, and one bathroom. Furniture is available with either a lease or purchase. The building dates to 1942 and sits on a 0.3-acre lot; zoning is C-1.

The property is on Shadeland Avenue, with access to I-465 and I-70. Five off-street parking spaces are available, and cable service is listed as available.

Key Highlights

  • Multiple office spaces, a conference room, kitchen, and one bathroom
  • Five off‑street parking spaces
  • 0.3‑acre lot, zoned C‑1

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Building Supply Electrical Service Grocery & Convenience 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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$22.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,675 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
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Frequently Asked Questions

What type of property is this?
Office units - Several office spaces are arranged with a meeting room, kitchen, and restroom.
Where is this office units located?
The property is located at 1109 N Shadeland Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $1,900/Mo.
What are key features of this property?
This property features: Multiple office spaces, a conference room, kitchen, and one bathroom; Five off‑street parking spaces; 0.3‑acre lot, zoned C‑1
More about this property
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