Versatile Indianapolis Property for
For Lease
$22 SF/Yr
2507 N Delaware St, Indianapolis, IN 46205
1,950 SF property with office and residential potential.
Space Size975 SF
Property Size2,829 SF
Days on Market338
Property Features for 2507 N Delaware St
General Information
Standard status
Active
Size
975 SF
Class
A
Property subtype
Office
Lease Term
NNN
Site & Location
Neighborhood
Kingpark
Building Details
Building Size
2,829 SF
Year Built
2007
Spaces For Lease
at 2507 N Delaware St
2507 N Delaware Street
$22/SF/Yr
Size
975 SF
Type
Office Building
Term
Negotiable
Listing Agency:
ALO Property Group
Listed By:
Ashley Bussell · License #RB14045657
(317) 340-8630
Source:
Alopg
Added: Nov 25, 2025
Changed: Oct 28
Last Checked: Oct 28 at 7:21AM
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 ALO Property Group
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Investment Insights
Based on property information with market context.
This 1,950 square foot property, located at 2507 N Delaware St, Indianapolis, IN, offers a versatile leasing opportunity. The building features a layout of 975 square feet on each of two floors. The property includes a reception area and built-in workstations. The second floor contains a residential apartment that can also function as additional office space. A green space is available in the rear of the property. Abundant street parking is available. The property is ready for immediate occupancy and is suited to accommodate a variety of business needs.
Key Highlights
- Immediate occupancy allows for a quick business setup or relocation.
- Combination of commercial and residential space offers flexibility for various business models or live/work arrangements.
- Includes a reception area and built‑in workstations, reducing initial setup costs.
Property Analytics
Who owns this building?
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
716
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$22.47 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,799 SF
Avg Space Size
This space is priced 2% below the average of $22.47 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Office unit - 1,950 SF property with office and residential potential.
Where is this office unit located?
The property is located at 2507 N Delaware St Indianapolis, IN.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Immediate occupancy allows for a quick business setup or relocation.; Combination of commercial and residential space offers flexibility for various business models or live/work arrangements.; Includes a reception area and built‑in workstations, reducing initial setup costs.
