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Indianapolis Office Building Investment Opportunity
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5214 S East St, Indianapolis, IN

11,142 SF office building for sale in Indianapolis.

Property Size11,142 SF
Lot Size1.15 Acres
Price / SF$61.44
Days on Market435

Property Features for 5214 S East St

General Information

Standard status Active
Size 11,142 SF
Lot size 1.15 Acres
Property subtype OFFICE
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Will Conway · License #RB17000936
Source: Moodyscre
Added: Jun 24, 2025 Changed: Aug 8 Last Checked: Jul 24 at 5:19AM

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.

Investment Insights

Based on property information with market context.

This 11,142 square foot building located at 5214 S East St in Indianapolis presents an investment opportunity for office building investors. The property offers spaces ranging from 994 to 3,896 square feet, providing long-term equity building and control over workspace. The location is just off of US 31 and in close proximity to I-465. Customizable interiors and flexible floor plans are available. With below-market rents, investors can capitalize on this asset and tailor it to their specific needs.

Key Highlights

  • Prime location just off US 31 and close to I‑465.
  • Great long‑term equity building and control over workspace.
  • Below‑market rents offer immediate investment upside.

Property Analytics

Current Use

John Steinkamp and Associates Law Firm Keri B. Fagg, ... Physician Tamara L. Gasaway, ... Physician Brian A. Horner, PT Physician Lindsey M. Lauderdale, ... Physician

Suggested Use

Top Pick Auto Parts Store HVAC Service Gym & Fitness Center Bakery Garden Center Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

543
Businesses Nearby

Market

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 building - 11,142 SF office building for sale in Indianapolis.
Where is this office building located?
The property is located at 5214 S East St Indianapolis, IN.
What is the asking price?
The asking price for this property is $684,600.
What are key features of this property?
This property features: Prime location just off US 31 and close to I‑465.; Great long‑term equity building and control over workspace.; Below‑market rents offer immediate investment upside.
(317) 379-6334 Call to check price and availability
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