Standalone Retail or Office
For Sale
$1,050,000
215 E 38th St, Indianapolis, IN 46205
Stand-alone building on E 38th Street with strong visibility and flexible purchase terms for office or retail use.
Property Size9,060 SF
Days on Market48
Property Features for 215 E 38th St
General Information
Standard status
Active
Size
9,060 SF
Class
B
Property subtype
Office - General Office
Additional Details
Road Access
Yes
Building Details
Building Size
9,060 SF
Year Built
1947
Buildings
1
Listing Agency:
Coombes Real Estate
Listed By:
Robert Coombes · License #RB17000978
Source:
Commercialcafe
Added: Jul 28
Changed: Sep 10
Last Checked: Sep 13 at 5:07AM
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 Coombes Real Estate
Investment Insights
Based on property information with market context.
This rare, stand-alone commercial building offers flexibility for office or retail use. The property is positioned for buyers seeking a dedicated structure rather than a shared space, with negotiable terms referenced in the offering.
It has excellent visibility along 38th Street between Binford Boulevard and Meridian Street, with the Meridian Kessler neighborhood to the north.
The property is listed for sale as a single building, allowing a straightforward approach for an owner-occupant or a buyer looking to customize the space for office or retail operations.
It has excellent visibility along 38th Street between Binford Boulevard and Meridian Street, with the Meridian Kessler neighborhood to the north.
The property is listed for sale as a single building, allowing a straightforward approach for an owner-occupant or a buyer looking to customize the space for office or retail operations.
Key Highlights
- Stand‑alone building built in 1947 on E 38th Street
- Strong visibility along 38th Street between Binford Boulevard and Meridian Street
- Flexible purchase terms with potential office or retail use
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 46205, IN
27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
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Market
Vacancy Rate% for Office in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Office building - Stand-alone building on E 38th Street with strong visibility and flexible purchase terms for office or retail use.
Where is this office building located?
The property is located at 215 E 38th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Stand‑alone building built in 1947 on E 38th Street; Strong visibility along 38th Street between Binford Boulevard and Meridian Street; Flexible purchase terms with potential office or retail use
