Updated Office Building Investment
For Sale
$6,546,313
4701 N Keystone Ave. Indianapolis, Indianapolis, IN 46205
Indianapolis office building with high occupancy and recent renovations.
Property Size81,275 SF
Price / SF$80.55
Days on Market333
Property Features for 4701 N Keystone Ave. Indianapolis
General Information
Standard status
Active
Size
81,275 SF
Class
B
Property subtype
Office
Building Details
Building Size
81,275 SF
Year Built
1970
Year Renovated
2022
Listing Agency:
Premier Commercial TCN Worldwide Real Estate
(317) 997-9362
Listed By:
Pete Alveal · License #IN123455
(317) 997-9362
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Aug 8
Last Checked: May 8 at 8:52PM
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 Premier Commercial TCN Worldwide Real Estate
Investment Insights
Based on property information with market context.
This 81,275 square foot office building presents a prime investment opportunity in Indianapolis, IN, featuring a 9.25% cap rate and a 92% occupancy rate. The property, located on N. Keystone Ave., benefits from a strategic location with excellent accessibility and exposure. Renovations completed in 2021-2022 include a professionally updated look, glass-enhanced entry doors, updated LED lighting throughout, and updated restrooms and hallways. The first floor features an updated multi-use large conference room. The building is mechanically sound and offers diverse floorplans. The location provides convenient access to a variety of amenities and attractions, with Broad Ripple Village offering dining, retail, and entertainment options nearby, and the Midtown area within easy reach. Its proximity to downtown Indianapolis and major transportation routes makes it an ideal location for office-building investors seeking a dynamic and well-connected business locale with a desirable ZO01 zoning designation.
Key Highlights
- High 9.25% Cap Rate offers a great return on investment.
- Solid 92% Occupancy indicates a stable income stream.
- Professionally Updated Look** with Renovations Made in 2021‑2022 including updated LED lighting, restrooms, hallways, and glass‑enhanced entry doors.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
998
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
Market
Vacancy Rate% for Office in Indianapolis, IN
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Indianapolis office building with high occupancy and recent renovations.
Where is this office building located?
The property is located at 4701 N Keystone Ave. Indianapolis Indianapolis, IN.
What is the asking price?
The asking price for this property is $6,546,313.
What are key features of this property?
This property features: High 9.25% Cap Rate offers a great return on investment.; Solid 92% Occupancy indicates a stable income stream.; Professionally Updated Look** with Renovations Made in 2021‑2022 including updated LED lighting, restrooms, hallways, and glass‑enhanced entry doors.
