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Flex Space with Detached Garage
For Sale
Contact for pricing
Pending

1818 N Luett Ave, Indianapolis, IN 46222

Recently painted commercial shop with central air, gas heat, a large bathroom, and durable concrete flooring for heavy machinery.

Property SizeContact for details
Days on Market143

Property Features for 1818 N Luett Ave

General Information

Standard status Pending
Property subtype Industrial

Warehouse & Industrial

Warehouse Space 3,840 SF
Conditioned Warehouse Yes

Additional Details

Road Access Yes

Building Details

Buildings 3
Abandoned No
Listing Agency: RJ Sears Real Estate Investment Services
Listed By: Ron Sears · License #IN
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 6:58AM

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 RJ Sears Real Estate Investment Services

Investment Insights

Based on property information with market context.

This flex-space property includes a 3,840-square-foot main building with central air, gas heat, and a large bathroom. The shop has been recently painted and includes thicker concrete flooring designed to accommodate heavy machinery. Gravel has been installed at the front of the property to provide an easier transition into the shop.

A separate 832-square-foot garage sits beside the main building. The property also includes a 672-square-foot house that could be converted into office space with a reception area and break area. The site is just outside Indianapolis Motor Speedway and is also positioned near downtown Indianapolis.

Key Highlights

  • 3,840‑square‑foot main building with flex‑space configuration
  • Central air, gas heat, large bathroom, and thicker concrete for heavy machinery
  • Separate 832‑square‑foot garage beside the main building

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Dental Office Pharmacy

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46222, IN

37,185
Population
15,782
Households
2.4
Avg Household Size
31
Median Age
17%
College-Educated
78%
High-School Grad
11.0 sq mi
ZIP Area
3,380
Density / Sq Mi
$45,198
Median Household Income
$30,548
Median Earnings
$1,050
Median Rent
$104,300
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
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Similar Off Market Nearby

  • Chubby Chasers & Tummy Yummies 2008 N Exeter Ave, Indianapolis, IN 46222

Frequently Asked Questions

What type of property is this?
Flex space - Recently painted commercial shop with central air, gas heat, a large bathroom, and durable concrete flooring for heavy machinery.
Where is this flex space located?
The property is located at 1818 N Luett Ave Indianapolis, IN.
What are key features of this property?
This property features: 3,840‑square‑foot main building with flex‑space configuration; Central air, gas heat, large bathroom, and thicker concrete for heavy machinery; Separate 832‑square‑foot garage beside the main building
More about this property
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