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    12 W Louisiana St Indianapolis, IN 46225

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    For Lease
    $24 SF/Yr ($8,400 /Mo)

    Historic 4,200 SF office building in Wholesale District.

    Property size:
    4,200 SF
    Lot size:
    0.04 Acres

    Property Features for 12 W Louisiana St

    General Information

    Size
    4,200 SF
    Lot size
    0.04 Acres

    Source: Colliers Agent Rich Forslund

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

    Overview

    Renovated Historic Wholesale District Office

    This is a 4,200 square foot, three-story office building located in the transforming Wholesale District. Constructed in 1905, the building originally served as the Indiana Brewing Company & Hotel for Union Station patrons. Each floor offers 1,400 square feet of space. The property has been completely renovated and features exposed brick, wood floors, skylights, and original tin ceilings. There are numerous parking options surrounding the building, and the owner currently has two dedicated spaces in an adjacent surface lot. Recent improvements include a new roof installed in 2020 with a warranty through 2035, new skylights also installed in 2020, a new second-level HVAC inducer motor and condensing unit installed in 2024, and a new appliance package and second-level water heater installed in 2024. The building is within walking distance of Circle Centre Mall, where a major development is proposed, Gainbridge Fieldhouse, Lucas Oil Stadium, and numerous restaurants, hotels, and entertainment options.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1586086
    Latitude
    39.7630276

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    FAQs

    What type of property is this?
    Office building - Historic 4,200 SF office building in Wholesale District.
    Where is this office building located?
    The property is located at 12 W Louisiana St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - Completely renovated historic building featuring exposed brick, wood floors, skylights, and original tin ceilings.; - Prime location in the transforming Wholesale District, walking distance to key attractions and amenities.; - New roof (2020) with warranty through 2035 and new skylights (2020).
    (317) 507-8591
    Request Owner's contact information
    12 W Louisiana St Indianapolis, IN 46225
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    Indianapolis, IN 46225
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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
    12 W Louisiana St Indianapolis, IN 46225
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