Updated Office Building Investment
4701 N Keystone Ave. Indianapolis, Indianapolis, IN 46205
Indianapolis office building with high occupancy and recent renovations.
Type:Office
Property size:
81,275 SFPrice / SF:
$80/SF- Added:
- Sep 25, 2025
- Days on Market:
- 240
- Last Refresh:
- Apr 6 at 12:51 am
Property Features for 4701 N Keystone Ave. Indianapolis
General Information
- Standard status
- Active
- Size
- 81,275 SF
- Property subtype
- Office
Building Details
- Year Built
- 1970
Listing agent Pete Alveal License #IN123455 (317) 454-7171
Listing office Premier Commercial Real Estate Services, Inc. (317) 454-7171
Listing date Sep 25, 2025
Source Tcnworldwide
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 Real Estate Services, Inc.
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.
- Prime Location on N. Keystone Ave. provides excellent accessibility and exposure.
- 81,275 SF Office Building offers substantial space for tenants.
- Updated Multi‑Use Large Conference Room on the 1st floor is a valuable amenity.
Overview
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.
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1213
- Latitude
- 39.8417
Nearby Similar for Sale
FAQs
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.
