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 Market293
Property Features for 2507 N Delaware St
General Information
Standard status
Active
Size
975 SF
Class
A
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
2,829 SF
Year Built
2007
Spaces For Lease
at 2507 N Delaware St Contact us- Size
- 975 SF
- Type
- Office Building
- Term
- Negotiable
2507 N Delaware Street $22/SF/Yr
Listing Agency:
ALO Property Group
Listed By:
Ashley Bussell · License #RB14045657
(317) 340-8630
Source:
Alopg
Added: Nov 25, 2025
Changed: Sep 13
Last Checked: Sep 13 at 4:33AM
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
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
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$27.49 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,608 SF
Avg Space Size
This space is priced 20% below the average of $27.49 /SF/Yr.
Vacancy Rate% for Office in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Office units - 1,950 SF property with office and residential potential.
Where is this office units 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.
