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Flex Building with Drive-In Door
For Sale
$998,463

705 East Market Street, Indianapolis, IN 46202

CBD2-zoned flex building with paved vehicle parking, secure fenced parking, and recently replaced HVAC equipment.

Property Size7,237 SF
Lot Size0.56 Acres
Price / SF$43.52
Days on Market93

Property Features for 705 East Market Street

General Information

Standard status Active
Size 7,237 SF
Total Parking Spaces 25
Lot size 0.56 Acres
Property subtype FlexIndustrial
Zoning CBD2

Additional Details

Asking Price $1,300,000
Fenced Yard Yes
Drive-In Doors 1

Building Details

Building Size 7,237 SF
Listing Agency: CBRE - Indianapolis
Listed By: Jeff Merritt · License #RB14033827
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Sep 1 at 4:11PM

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 CBRE - Indianapolis

Investment Insights

Based on property information with market context.

The flex property at 705 East Market Street includes a 7,237-square-foot building on a 0.56-acre parcel. Interior features include two restrooms, while a 12-foot drive-in door supports convenient access for deliveries, equipment, or vehicle-oriented operations. HVAC was replaced in 2022 with three RTUs.

The building sits at a signalized intersection in Indianapolis and provides paved parking for 25 vehicles. A separate fenced area adds secured parking capacity. CBD2 zoning is in place for the property.

Key Highlights

  • 7,237 SF flex building on a 0.56‑acre parcel
  • CBD2 zoning in Indianapolis
  • Paved parking for 25 vehicles

Property Analytics

Current Use

Andrews Florist (Bike/Boat/Book/etc) Store mandang.SHOP Department Store

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Electrical Service Garden Center Pet Grooming Service Storage Facility

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

1
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

3,444
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Flex space - CBD2-zoned flex building with paved vehicle parking, secure fenced parking, and recently replaced HVAC equipment.
Where is this flex space located?
The property is located at 705 East Market Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $998,463.
What are key features of this property?
This property features: 7,237 SF flex building on a 0.56‑acre parcel; CBD2 zoning in Indianapolis; Paved parking for 25 vehicles
More about this property
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