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Flex/Warehouse Space with Fenced Lot
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55 S State Ave, Indianapolis, IN 46201

Flexible flex/warehouse space with up to 10,000 SF and a fenced 2-acre lot for parking or trailer storage.

Space Size822 SF
Lot Size2.00 Acres
Days on Market182

Property Features for 55 S State Ave

General Information

Standard status Active
Size 822 SF
Lot size 2.00 Acres
Property subtype FLEX_R_AND_D
Lease Type Modified Gross

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Amenities

on-site security
maintenance
property management
free parking
auditorium
conference center
shared breakroom

Spaces For Lease

at 55 S State Ave Contact us

A&P Building $14.60/SF/Yr

Floor
1
Size
822 SF
Type
FLEX_R_AND_D
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- The A&P Building was designed to serve as an economical workspace catering to small...
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Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Matt Ferguson · License #RB17000936
Source: Moodyscre
Added: Mar 16 Changed: Sep 8 Last Checked: Sep 12 at 10:06AM

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.

The A&P Building offers flex/warehouse space designed for both small business and professional work needs, with flexible configurations that can accommodate spaces up to 10,000 SF. The property also includes a +/- 2-acre fenced lot that can support additional parking and/or trailer storage.

Located at 55 S State Ave in Indianapolis, the building provides on-site security, maintenance, and property management, along with free parking for occupants and visitors.

Additional on-site amenities include an auditorium and conference center, as well as a shared breakroom, supporting flexible day-to-day use across a range of business operations.

Key Highlights

  • Flex/warehouse spaces available, including options large or small, up to 10,000 SF
  • Approximately 2 AC fenced lot for additional parking and/or trailer storage
  • On‑site security and maintenance, with property management provided

Property Analytics

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Current Use

E & F Electronics Electronics & Wireless Store MGR Premier Produce ... Agricultural Supply Tedrowe Inc Big Box & Wholesale Store Shield Protection Solutions ... Security Service Excel Web Host Marketing & Advertising

Suggested Use

Top Pick Spa & Massage Center Law Firm Dental Office Nail Salon Hair Salon Bakery

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
Fenced yard
NNN (Triple Net)
Lease Type
$2.19 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$11.84 /SF/Yr
Avg Asking Price
$4.16–$18 /SF/Yr
Price Range
14,040 SF
Avg Space Size

This space is priced 23% above the average of $11.84 /SF/Yr.

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Casa Boricua 1317 Lexington Ave, Indianapolis, IN 46203
  • Quick bite 730 S State Ave, Indianapolis, IN 46203
  • Universal Catering 1201 E New York St, Indianapolis, IN 46202
  • Terri's Corner Kitchen 2805 E Michigan St, Indianapolis, IN 46201

Frequently Asked Questions

What type of property is this?
Flex space - Flexible flex/warehouse space with up to 10,000 SF and a fenced 2-acre lot for parking or trailer storage.
Where is this flex space located?
The property is located at 55 S State Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $14.60 SF/Yr.
What are key features of this property?
This property features: Flex/warehouse spaces available, including options large or small, up to 10,000 SF; Approximately 2 AC fenced lot for additional parking and/or trailer storage; On‑site security and maintenance, with property management provided
(317) 679-4046 Call to check price and availability
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