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    55 S State Ave | Indianapolis Indianapolis, IN 46201

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    For Sale
    Contact for pricing

    Unique flex/warehouse spaces with fenced land near downtown Indianapolis.

    Property size:
    127,798 SF

    Property Features for 55 S State Ave | Indianapolis

    General Information

    Size
    127,798 SF

    Source: Matt Ferguson Agent Matt Ferguson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flex/Warehouse Spaces with Fenced Land

    The A&P Building offers economical workspaces designed for small business proprietors and professionals seeking to move beyond home-based offices. It fosters a vibrant community of entrepreneurs through a collaborative atmosphere, providing unique flex and warehouse spaces. The property also includes 2 acres of fenced land suitable for additional parking or trailer storage. Located less than a mile from the I-70 and I-65 interchange on the east side of Downtown Indianapolis, it is only one mile from The Circle and one block south of E. Washington St./US 40, a main east-west thoroughfare. The property is adjacent to Willard Park and close to neighborhoods such as Mass Ave., Fletcher Place, and Fountain Square. It offers large or small flex/warehouse spaces, up to 10,000 square feet. On-site amenities include security, maintenance, property management, and free parking. An auditorium and conference center are available, as well as a shared breakroom. The property size is 127798 square feet.
    Location Intelligence

    Current Use by Public Records

    E & F Electronics Electronic Parts Supplier MGR Premier Produce ... Produce Wholesaler Tedrowe Inc Furniture Wholesaler Shield Protection Solutions ... Security Service Excel Web Host Website Designer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Casa Boricua, Universal Catering, Quick bite, Terri's Corner Kitchen

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1096
    Latitude
    39.7745

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    FAQs

    What type of property is this?
    Flex space - Unique flex/warehouse spaces with fenced land near downtown Indianapolis.
    Where is this flex space located?
    The property is located at 55 S State Ave | Indianapolis Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $9.
    What are key features of this property?
    This property features: - Flexible warehouse spaces available, up to 10,000 SF.; - +/- 2 AC fenced lot for additional parking and/or trailer storage.; - Less than a mile to the I-70 & I-65 interchange and one mile to The Circle.
    (317) 679-4046
    Request Owner's contact information
    55 S State Ave | Indianapolis Indianapolis, IN 46201
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    Indianapolis, IN 46201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    55 S State Ave | Indianapolis Indianapolis, IN 46201
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