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    140 E Main St Carmel, IN 46032

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    For Lease
    $30 SF/Yr ($8,505 /Mo)

    Office space in the heart of Carmel Arts District.

    Property size:
    3,402 SF
    Lot size:
    0.53 Acres

    Property Features for 140 E Main St

    General Information

    Size
    3,402 SF
    Lot size
    0.53 Acres

    Source: Bradley Company - Corporate Agent Tom Osborne

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

    Overview

    Carmel Arts District Office Space

    Located in the center of the Carmel Arts & Design District, this property offers 3,402 square feet of usable space on a site of over half an acre. It features approximately 28 on-site parking spaces. Zoned B-1, the property allows for many uses. The location is walkable to numerous amenities throughout downtown Carmel and has high redevelopment potential.
    Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1247287
    Latitude
    39.9787137

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    FAQs

    What type of property is this?
    Office space - Office space in the heart of Carmel Arts District.
    Where is this office space located?
    The property is located at 140 E Main St Carmel, IN.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Located in the center of the Carmel Arts & Design District; - Large Site - Over 1/2 acre; - Rare, abundant onsite parking - Approximately 28 spaces
    (317) 663-6000
    Request Owner's contact information
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    Carmel, IN 46032
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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
    140 E Main St Carmel, IN 46032
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