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Three-Unit Office Building
For Sale
Contact for pricing
Pending

608 E Market St, Indianapolis, IN 46202

Three office units available downtown Indianapolis, with two units on short-term leases through mid/late 2024.

Property SizeContact for details
Days on Market123

Property Features for 608 E Market St

General Information

Standard status Pending
Property subtype Office

Building Details

Tenancy Multi
Listing Agency: McClure Commercial & Industrial Real Estate
Listed By: Ted McClure · License #RB14024675.
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 11 at 10:09AM

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 McClure Commercial & Industrial Real Estate

Investment Insights

Based on property information with market context.

This rare three-unit office building offers three separate office spaces within one property. The seller currently occupies one unit and will vacate or possibly provide a short lease-back period. The other two units are leased under short-term arrangements, with leases scheduled through mid-to-late 2024.

The property is located at 608 E Market St in downtown Indianapolis, approximately five blocks east of Monument Circle, in the Cole/Noble area.

For buyers evaluating income stability and near-term occupancy, the building’s current lease schedule provides visibility into two of the three units through mid-to-late 2024, while the remaining unit is controlled by the seller’s plans to vacate or lease back temporarily.

Key Highlights

  • 3‑unit office building for sale in downtown Indianapolis
  • Located about 5 blocks east of Monument Circle in the Cole/Noble area
  • Seller occupies 1 unit and will vacate or possibly offer short‑term leaseback

Property Analytics

Current Use

The Law Office of John ... Law Firm Attorney Brett Osborne Law Firm Bielski Law LLC Law Firm Daniel Vaughn Law, ... Law Firm USA Vehicle Shipping Car Dealership

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Carpet & Flooring Store Tanning Salon Nursing Home 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

6,857
Businesses Nearby

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 Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Three office units available downtown Indianapolis, with two units on short-term leases through mid/late 2024.
Where is this office units located?
The property is located at 608 E Market St Indianapolis, IN.
What are key features of this property?
This property features: 3‑unit office building for sale in downtown Indianapolis; Located about 5 blocks east of Monument Circle in the Cole/Noble area; Seller occupies 1 unit and will vacate or possibly offer short‑term leaseback
(317) 722-6700 Call to check price and availability
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