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Multi-Tenant Office Building
For Sale
Contact for pricing
Pending

245 N Rangeline Rd, Carmel, IN 46032

Office building in Carmel’s Art & Design District configured to support multiple tenants.

Days on Market112

Property Features for 245 N Rangeline Rd

General Information

Standard status Pending
Property subtype Office
Listing Agency: SVN⎮Northern Commercial
Listed By: Jess Lawhead · License #IN RB14047741
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 30 at 3:58AM

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 office building in Carmel, Indiana is presented by Northern Commercial and supports multiple tenants. The property is suitable for office users looking for a multi-tenant configuration within a commercial setting.

Located in the Art & Design District in Central Carmel, the building offers an established office presence in the area.

The offering is for sale, with the transaction structured around an income-supporting, multi-tenant office layout.

Key Highlights

  • Office building in Carmel, Indiana’s Art & Design District
  • Configured to support multiple tenants
  • Property supports multiple tenants

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Barber Shop (Bike/Boat/Book/etc) Store HVAC Service Butcher Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,126
Businesses Nearby

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building in Carmel’s Art & Design District configured to support multiple tenants.
Where is this office building located?
The property is located at 245 N Rangeline Rd Carmel, IN.
What are key features of this property?
This property features: Office building in Carmel, Indiana’s Art & Design District; Configured to support multiple tenants; Property supports multiple tenants
(317) 849-8001 Call to check price and availability
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