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Industrial Warehouse with Docks
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1255 Roosevelt Ave, Indianapolis, IN 46202

I-4-U-zoned warehouse with outdoor storage, substantial office support, and multiple loading options.

Property Size67,200 SF
Lot Size3.66 Acres
Days on Market144

Property Features for 1255 Roosevelt Ave

General Information

Standard status Active
Size 67,200 SF
Lot size 3.66 Acres
Property subtype Industrial
Zoning I-4-U

Site & Location

Highway Access Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Height 23 ft
Office Build-Out 6,748 SF
Mezzanine 7,500 SF
Dock-High Doors 5
Drive-In Doors 1
Column Spacing 29 x 50 ft
Voltage 240 V
Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Asking Price $4,300,000

Building Details

Year Built 1966
Building Size 67,200 SF
Listing Agency: Colliers - Indianapolis, Indiana
Listed By: Jeorge Manley SIOR · License #IN RB18001032
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:28AM

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 Colliers - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

This industrial warehouse contains 67,200 total SF, including 6,748 SF of office space and a 7,500 SF mezzanine that is excluded from the total. The facility provides four internal docks, one exterior dock, and one drive-in door, supporting varied loading and handling requirements. A 23-foot clear height and 29-foot by 50-foot column spacing offer a practical warehouse layout. The building is sprinklered and includes two 1,000 amp panels with 240-volt, three-phase power.

The original structure dates to 1966, with an addition completed in 1982. The property covers 3.66 acres and is zoned I-4-U. Outdoor storage is available, and the site offers access to I-70, I-65, and downtown Indianapolis. Occupancy is scheduled to be available January 1, 2023.

Key Highlights

  • 67,200 total SF, including 6,748 SF of office space
  • 7,500 SF mezzanine not included in total SF
  • Four internal docks, one exterior dock, and one drive‑in door

Property Analytics

Current Use

Temple-Inland Corrugated Packaging Factory

Suggested Use

Top Pick Building Supply Pharmacy Big Box & Wholesale Store Dental Office Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

23 ft
Clear height
5
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,195
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
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Similar Off Market Nearby

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  • Nearby Storage Units - Indianapolis, IN 1561 yandes st, indianapolis, in 46202

Frequently Asked Questions

What type of property is this?
Warehouse - I-4-U-zoned warehouse with outdoor storage, substantial office support, and multiple loading options.
Where is this warehouse located?
The property is located at 1255 Roosevelt Ave Indianapolis, IN.
What are key features of this property?
This property features: 67,200 total SF, including 6,748 SF of office space; 7,500 SF mezzanine not included in total SF; Four internal docks, one exterior dock, and one drive‑in door
(317) 713-2100 Call to check price and availability
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