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Renovated Office Suites with Parking
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3045 S MERIDIAN ST, Indianapolis, IN 46217

Renovated in 2024, this two-suite office property includes dedicated parking and separately metered utilities.

Space Size1,560 SF
Property Size6,860 SF
Lot Size1.15 Acres
Days on Market109

Property Features for 3045 S MERIDIAN ST

General Information

Standard status Active
Size 1,560 SF
Class B
Total Parking Spaces 35
Lot size 1.15 Acres
Property subtype Office

Additional Details

Flexible Term Yes
Highway Access Yes
Office Units 2

Building Details

Building Size 6,860 SF
Year Built 1973
Year Renovated 2024
Tenancy Multiple

Spaces For Lease

at 3045 S MERIDIAN ST Contact us

Suite 1

Size
1,560 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Envoy Real Estate
Listed By: Jordan Kornmann · License #IN RB17000305
Source: Crexi
Added: May 20 Changed: Sep 3 Last Checked: Sep 3 at 10:42AM

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 Envoy Real Estate

Investment Insights

Based on property information with market context.

This renovated office property features a two-suite layout with a 4,840 SF main office and a 1,560 SF secondary suite. The main suite offers modern finishes and an updated floor plan, including a full kitchen, spacious reception areas, conference space, private offices, and abundant natural light. The secondary suite provides added flexibility, including a private entrance and signage.

Located on S. Meridian Street on 1.15 acres in Indianapolis, the property is positioned for strong street presence with multiple ingress/egress points. It includes 35 dedicated parking spaces, and offices are separately metered.

Upgrades completed in 2024 include four new HVAC units, updated electrical and plumbing, IT infrastructure improvements, new gutters, and freshly paved areas. Convenient access to I-465 and I-65 is described as less than five minutes, with Downtown Indianapolis approximately 10 minutes away.

Key Highlights

  • Renovated in 2024 office property with 2‑suite layout: 4,840 SF main office and 1,560 SF secondary suite
  • 1.15‑acre site with 35 dedicated parking spaces and multiple ingress/egress points along S. Meridian St
  • Main suite features modern finishes, updated floor plan, full kitchen, reception areas, conference space, private offices, and abundant natural light

Property Analytics

Current Use

Klapper & Isaac: Isaac ... Law Firm Haggerty & Haggerty: Haggerty ... Law Firm Wagner Law Office Law Firm Nguyen Law, LLC Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Pharmacy Law Firm Hair Salon

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

2
Office units
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

514
Businesses Nearby

Demographics for 46217, IN

34,725
Population
14,078
Households
2.5
Avg Household Size
35
Median Age
33%
College-Educated
89%
High-School Grad
21.2 sq mi
ZIP Area
1,638
Density / Sq Mi
$88,326
Median Household Income
$46,909
Median Earnings
$1,370
Median Rent
$226,100
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$28.72 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
7,953 SF
Avg Space Size

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Renovated in 2024, this two-suite office property includes dedicated parking and separately metered utilities.
Where is this office units located?
The property is located at 3045 S MERIDIAN ST Indianapolis, IN.
What are key features of this property?
This property features: Renovated in 2024 office property with 2‑suite layout: 4,840 SF main office and 1,560 SF secondary suite; 1.15‑acre site with 35 dedicated parking spaces and multiple ingress/egress points along S. Meridian St; Main suite features modern finishes, updated floor plan, full kitchen, reception areas, conference space, private offices, and abundant natural light
(317) 775-2289 Call to check price and availability
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