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Renovated Historic Office Building
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440 N East St, Indianapolis, IN 46204

Completely renovated historic office building with three floors plus a lower level and on-site parking.

Space Size6,149 SF
Days on Market285

Property Features for 440 N East St

General Information

Standard status Active
Size 6,149 SF
Total Parking Spaces 4
Property subtype OFFICE

Additional Details

Road Access Yes

Building Details

Year Built 1873
Stories 4

Spaces For Lease

at 440 N East St
Unique, historic building in Lockerbie $20/SF/Yr
Size 6,149 SF
Type OFFICE
Availability AVAILABLE
• The Historic Hoffman House CA 1873 • 3 floors + lower level • ± 6,149 SF • Completely renovated historic building • Located within the heart of Lockerbie with direct access to Massachusetts Avenue • On-site parking (4 spaces) • Lease Rate $20.00 / SF Net of janitorial
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Listing Agency: Colliers
Listed By: Aaron Snoddy
Source: Moodyscre
Added: Jan 1 Changed: Sep 13 Last Checked: Oct 12 at 10:50PM

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 Colliers

Investment Insights

Based on property information with market context.

Completely renovated historic Hoffman House, originally dated 1873, offering office space across three floors plus a lower level. The property totals approximately 6,149 square feet and is presented as a turn-key renovation.

Located within the heart of Lockerbie with direct access to Massachusetts Avenue. On-site parking is available with four spaces.

The building is offered for lease at $20.00 per square foot net of janitorial.

Key Highlights

  • Completely renovated historic Hoffman House (est. 1873)
  • Historic office building with 3 floors plus a lower level
  • Approx. 6,149 SF total building size (±)

Property Analytics

Current Use

United Capital Financial ... Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nursing Home Adult Day Care Carpet & Flooring Store

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
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,226
Businesses Nearby

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$19.23 /SF/Yr
Avg Asking Price
$16–$28 /SF/Yr
Price Range
11,360 SF
Avg Space Size

This space is priced 4% above the average of $19.23 /SF/Yr.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Completely renovated historic office building with three floors plus a lower level and on-site parking.
Where is this office building located?
The property is located at 440 N East St Indianapolis, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Completely renovated historic Hoffman House (est. 1873); Historic office building with 3 floors plus a lower level; Approx. 6,149 SF total building size (±)
(317) 410-5962 Call to check price and availability
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