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Lakefront Standalone Office Building
For Lease
$24,703

4929 E 96th Street, Indianapolis, IN 46240

Commercial Lease, Indianapolis, IN

Space Size11,780 SF
Lot Size1.34 Acres
Days on Market59

Property Features for 4929 E 96th Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning Commercial General Office
View Lake
Elementary school Nora Elementary School
Middle school Eastwood Middle School
High school North Central High School
Elementary school district MSD Washington Township
Middle school district MSD Washington Township
High school district MSD Washington Township
Directions GPS Friendly
Subdivision 4903 - Marion - Washington
Standard status Active
APN 490216109003000800
Lot size 1.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 49-02-16-109-003.000-800 AND 49-02-16-109-006.000-800 (Outlot #1 of the River Ridge Crossing Shopping Center)
Legal Description 49-02-16-109-003.000-800 AND 49-02-16-109-006.000-800 (Outlot #1 of the River Ridge Crossing Shopping Center)

Utilities

Utilities Cable Available
Water front features Lake Front
Water front 1

Amenities

lakefront lot
full kitchen
front lobby
open work areas with built-in workstations
multiple conference rooms
ample on-site parking
multiple entrances

Building Details

Year built 2004
Floors in Building 1
Roof type Flat
Listing Agency: CENTURY 21 Scheetz · Century 21 Real Estate
Listed By: Mick Scheetz · License #RB14035762
Added: Jun 25 Changed: Aug 19 Last Checked: Aug 22 at 9:06PM
MLS# 22110717

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Standalone office building totaling 11,780 SF on a lakefront lot. Built in 2004 and remodeled in 2022, it features windows on all sides for natural light and a layout designed for immediate occupancy. The interior includes 28 private offices, open work areas with built-in workstations, multiple conference rooms, a front lobby, and a full kitchen. Multiple entrances add flexibility for client access or departmental separation.

The property is positioned for visibility and accessibility near major throughfares with easy access to the interstate. Improvements include a sprinkler and alarm system, and utilities note cable availability.

The building’s configuration, on-site parking, and professional amenities support day-to-day office operations, with multiple entry points and meeting spaces built into the plan.

Key Highlights

  • 11,780 SF standalone office building
  • Lakefront lot with 1.342 acres
  • Built in 2004; remodeled in 2022

Property Analytics

Current Use

Dominion Title Title Company Dante Fiore, CENTURY ... Real Estate Agency Ryan Morris - Realtor ... Real Estate Agency Molly Creamer, Creamer ... Real Estate Agency The Geesaman Team Real Estate Agency

Suggested Use

Top Pick Electrical Service Locksmith Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store 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
Sprinkler system
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

256
Businesses Nearby

Demographics for 46240, IN

20,148
Population
11,673
Households
1.7
Avg Household Size
40
Median Age
59%
College-Educated
96%
High-School Grad
9.8 sq mi
ZIP Area
2,056
Density / Sq Mi
$70,728
Median Household Income
$51,822
Median Earnings
$1,255
Median Rent
$328,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$19.9 /SF/Yr
Avg Asking Price
$16.5–$28 /SF/Yr
Price Range
12,754 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Standalone office on a lakefront lot with 28 private offices and a remodeled interior, zoned Commercial General Office.
Where is this office building located?
The property is located at 4929 E 96th Street Indianapolis, IN.
What is the lease rate?
The lease rate is $24,703.
What are key features of this property?
This property features: 11,780 SF standalone office building; Lakefront lot with 1.342 acres; Built in 2004; remodeled in 2022
More about this property
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