Back to Search

Indianapolis Office Building Investment Opportunity

5224 S East St, Indianapolis, IN

View on Map

For Sale

Contact for pricing

39,812 SF office building with below-market rents for sale.

Type:OFFICE

Property size:

39,812 SF

Lot size:

1.69 Acres

Price / SF:

$51/SF

HighLights

39,812 SF building offers a prime investment opportunity.
Spaces range from 1,102 to 2,980 square feet.
Ideal space for office building investors.
Offers great long‑term equity building.
Provides control over workspace.
Below‑market rents allow for capitalization and tailoring to specific needs.

We can help!

Listing Contact

Will Conway

Learn more

For Sale

Contact for pricing

39,812 SF office building with below-market rents for sale.

Type:OFFICE

Property size:

39,812 SF

Lot size:

1.69 Acres

Price / SF:

$51/SF

Added:: Jun 24, 2025
Days on Market:: 355
Last Refresh:: May 19 at 9:34 pm

Property Features for 5224 S East St

General Information

Standard status: Active
Size: 39,812 SF
Lot size: 1.69 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Will Conway

Listing agent Will Conway License #RB17000936

Listing office Premier Commercial Real Estate Services, Inc.

Listing date Jun 24, 2025

Source Moodyscre

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

39,812 SF building offers a prime investment opportunity.
Spaces range from 1,102 to 2,980 square feet.
Ideal space for office building investors.
Offers great long‑term equity building.
Provides control over workspace.
Below‑market rents allow for capitalization and tailoring to specific needs.

Overview

This 39,812 square foot building located on S. East St. in Indianapolis is an office building suitable for investors. The property offers spaces ranging from 1,102 to 2,980 square feet. The property is presented as a long-term equity building opportunity with control over workspace. The property has below-market rents.

Location Intelligence

Current Use by Public Records

Frontline Technical Sales ... Factory Dr. Patrick J. ... Pediatrician Dr. Jeffrey M. ... Pediatrician Dr. H G. ... Pediatrician Zen Penguin Wellness Alternative Medicine Practice

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.1498
Latitude: 39.6909

Nearby Similar for Sale

$685,000

Restaurant/QSR With Drive-Thru Potential

Restaurant-ready space with recent upgrades, signalized access, and prominent visibility along a major northside retail corridor.

5527 N Keystone Avenue, Indianapolis, IN 46220

View Details
$149,000

6,022 SF

Value-Add Commercial Opportunity in Indianapolis

Four-unit commercial property for renovation and repositioning near downtown.

3427 W Michigan Street, Indianapolis, IN 46222

View Details
$550,000

Hard-Corner Retail/Office Building

C-3 zoned building on a hard corner with strong traffic exposure, onsite parking, and flexible retail or office use.

5243 Rockville Road, Indianapolis, IN 46224

View Details
$260,000

1,996 SF

Freestanding Office Building on Shadeland

Single-story office building on 0.30 acres, C-1 zoning.

1109 N Shadeland Avenue, Indianapolis, IN 46219

View Details
$399,000

2,274 SF

Freestanding Office Building on Shadeland

Single-story office building with C-1 zoning in Indianapolis.

1101 N Shadeland Avenue, Indianapolis, IN 46219

View Details
$560,000

Flexible Office Building with Detached Garage

C-1 zoned building with a fenced outdoor area and detached garage, suited for office or education-oriented uses.

2131 E 54th Street, Indianapolis, IN 46220

View Details
$2,475,000

Renovated Office Flex Complex

Multi-tenant office and flex space with common parking and five leasable suites offering flexible occupancy options.

9130 Otis Avenue, Indianapolis, IN 46216

View Details
$4,350,000

Heavy Industrial Dock-High Warehouse

49,000 SF heavy industrial facility with multiple dock-high doors, office buildout, and 16'4" clear height.

2334 Production Drive, Indianapolis, IN 46241

View Details
$1,000,000

Corner Two-Tenant Retail and Auto Site

Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.

1121 E Troy Avenue, Indianapolis, IN 46203

View Details
$700,000

Multi-Office Building with Private Parking

Commercial-office building with 16 offices, large windows, and a private parking lot near major thoroughfares.

1300 N Pennsylvania Street, Indianapolis, IN 46202

View Details
$1,200,000

Auto Shop with Paint Booth

Automotive repair facility with a custom paint booth, office, and multiple work bays supported by front and rear vehicle access.

7086 Southeastern Avenue, Indianapolis, IN 46239

View Details
$1,499,999

10,789 SF

Keystone Avenue Redevelopment Opportunity

1.63 acres with flexible zoning in evolving urban area.

4498 North Keystone Avenue, Indianapolis, IN 46205

View Details

What type of property is this?

Office building - 39,812 SF office building with below-market rents for sale.

Where is this office building located?

The property is located at 5224 S East St Indianapolis, IN.

What is the asking price?

The asking price for this property is $2,055,240.

What are key features of this property?

This property features: 39,812 SF building offers a prime investment opportunity.; Spaces range from 1,102 to 2,980 square feet.; Ideal space for office building investors.

5224 S East St, Indianapolis, IN

39,812 SF office building with below-market rents for sale.

Property Features for 5224 S East St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Value-Add Commercial Opportunity in Indianapolis

Hard-Corner Retail/Office Building

Freestanding Office Building on Shadeland

Freestanding Office Building on Shadeland

Flexible Office Building with Detached Garage

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Keystone Avenue Redevelopment Opportunity

FAQs

Create New Password