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    7050 E 116Th St Fishers, IN 46038

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    For Lease
    $16 SF/Yr ($2,566 /Mo)

    Unique office space in a preserved historic building.

    Property size:
    1,925 SF
    Lot size:
    0.68 Acres

    Property Features for 7050 E 116Th St

    General Information

    Size
    1,925 SF
    Lot size
    0.68 Acres

    Source: F.C. Tucker Company Agent Annie Scott

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

    Overview

    Historic Eller House Office Space

    The Eller House, constructed in 1877, is a two-story brick building that blends historical character with modern commercial functionality. This property offers businesses a unique setting, having been originally built as a grand family farmhouse. The building features 12-inch-thick brick walls, Victorian-era transom windows, carved oak mantels, and 10-foot ceilings. The first floor includes multiple private offices, an open workspace, a kitchen, and a shower. The first and second floor spaces are divisible and have separate entrances. Located on a high-visibility corridor, the property benefits from excellent drive-by exposure and includes 82 parking spaces. The Eller House offers tenants the opportunity to work in a place where history and innovation coexist. The property size is 1925 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FanStand Prints Print Shop Indiana Association of Insurance ... Non-Profit Organization Propeller Marketing Advertising Agency clarity care advocates Home Health Care Service Estate Planning Council Council

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fishers
    County
    Hancock
    State
    Indiana
    Longitude
    -86.0440221
    Latitude
    39.9572031

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    FAQs

    What type of property is this?
    Office space - Unique office space in a preserved historic building.
    Where is this office space located?
    The property is located at 7050 E 116Th St Fishers, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility location on a major corridor with excellent drive-by exposure.; - Ample parking with 82 spaces.; - Divisible first and second floor spaces with separate entrances, suitable for multiple tenants or flexible layouts.
    (317) 902-8622
    Request Owner's contact information
    7050 E 116Th St Fishers, IN 46038
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    Fishers, IN 46038
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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
    7050 E 116Th St Fishers, IN 46038
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