Multi-Suite Office
For Sale
Contact for pricing
Pending
11903 E Welland St, Indianapolis, IN 46229
Updated professional property with commercial zoning and on-site parking.
Property Size8,268 SF
Lot Size0.94 Acres
Days on Market144
Property Features for 11903 E Welland St
General Information
Standard status
Pending
Size
8,268 SF
Total Parking Spaces
48
Lot size
0.94 Acres
Property subtype
Office
Zoning
C1
Additional Details
Cap Rate
11%
Office Units
9
Building Details
Year Built
1976
Year Renovated
2021
Buildings
1
Tenancy
Multi
Listing Agency:
SVN⎮Northern Commercial
Listed By:
Zach Alfs · License #IN RB22002604
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 1:56PM
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 multi-tenant office property in Indianapolis contains 9 suites within an 8,268-square-foot building. Originally constructed in 1976, the property received renovations in 2021 and is situated on 0.94 acres zoned C1 - Commercial. The layout supports multiple office occupancies within a professional building setting.
On-site parking includes 48 spaces for tenants and visitors. The property is located at 11903 E Welland St in the Cumberland area of Indianapolis, providing a defined commercial setting near the city center. The offering reports an 11% CAP rate and identifies additional value-add opportunities.
On-site parking includes 48 spaces for tenants and visitors. The property is located at 11903 E Welland St in the Cumberland area of Indianapolis, providing a defined commercial setting near the city center. The offering reports an 11% CAP rate and identifies additional value-add opportunities.
Key Highlights
- 9‑suite office building totaling 8,268 SF
- 11% CAP rate
- Renovations completed in 2021; original construction in 1976
Property Analytics
Property Profile
Current Use
Lease Details
9
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
Explore this area
Business Placement
Demographics for 46229, IN
29,252
Population
12,046
Households
2.4
Avg Household Size
35
Median Age
26%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
2,589
Density / Sq Mi
$62,982
Median Household Income
$40,407
Median Earnings
$1,020
Median Rent
$170,100
Median Home Value
Market
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Updated professional property with commercial zoning and on-site parking.
Where is this office building located?
The property is located at 11903 E Welland St Indianapolis, IN.
What are key features of this property?
This property features: 9‑suite office building totaling 8,268 SF; 11% CAP rate; Renovations completed in 2021; original construction in 1976
