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Versatile Former Medical Suite
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7855 S Emerson Ave. Indianapolis, Indianapolis, IN 46237

Divisible medical suite with access to downtown and interstate.

Property Size34,700 SF
Days on Market314

Property Features for 7855 S Emerson Ave. Indianapolis

General Information

Standard status Active
Size 34,700 SF
Property subtype Office

Building Details

Year Built 1999
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Tom Ferguson
Source: Tcnworldwide
Added: Sep 25, 2025 Changed: Jul 10 Last Checked: Aug 4 at 5:07AM

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 versatile former medical suite, located north of the Stop 11 and Emerson Avenue intersection, offers the flexibility to be subdivided, making it suitable for a range of businesses. It provides convenient access to interstate routes and downtown Indianapolis. The location is surrounded by amenities and a growing community, ensuring an ideal work-life balance for employees. The property is situated in the South Emerson Professional Building and benefits from proximity to major interstate routes, ensuring connectivity for employees and visitors.

Key Highlights

  • Convenient access to interstate routes and downtown Indianapolis.
  • Versatile space SUITABLE FOR SUBDIVISION.
  • Located in a thriving community with nearby amenities.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Parking Lot & Garage Plumbing Service Barber Shop

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

1,400
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46237, IN

44,378
Population
17,660
Households
2.5
Avg Household Size
36
Median Age
34%
College-Educated
89%
High-School Grad
14.7 sq mi
ZIP Area
3,019
Density / Sq Mi
$76,676
Median Household Income
$47,742
Median Earnings
$1,272
Median Rent
$216,300
Median Home Value

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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Divisible medical suite with access to downtown and interstate.
Where is this medical office space located?
The property is located at 7855 S Emerson Ave. Indianapolis Indianapolis, IN.
What are key features of this property?
This property features: Convenient access to interstate routes and downtown Indianapolis.; Versatile space SUITABLE FOR SUBDIVISION.; Located in a thriving community with nearby amenities.
More about this property
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