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Mixed-Use Office Live-Work Building
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8701 Founders Rd, Indianapolis, IN 46268

9,114 SF building on 1.58 acres with upper-level rooms and full bathrooms, zoned C4 and DP.

Property Size9,114 SF
Lot Size1.58 Acres
Price / SF$142.64
Days on Market165

Property Features for 8701 Founders Rd

General Information

Standard status Active
Size 9,114 SF
Lot size 1.58 Acres
Property subtype Office
Zoning C4 and DP
Lease Type NNN
Investment Type Owner/User

Building Details

Year Built 1973
Buildings 1
Stories 2
Listing Agency: Halakar
Listed By: Joshua D. Abrams · License #IN RB16001906
Source: Crexi
Added: Apr 2 Changed: Sep 10 Last Checked: Sep 12 at 5:09AM

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 Halakar

Investment Insights

Based on property information with market context.

This mixed-use office live-work building totals 9,114 square feet and sits on 1.58 acres. The upper level includes four rooms, each with a full bathroom. The overall property is laid out to support a residential-related use in a small portion of the building alongside office-oriented space.

The building is located on the northwest side of Indianapolis in the College Park submarket. It is zoned C4 and DP, offering flexibility for an owner-user seeking a property that can accommodate both commercial space and a residential-related component.

With the space organized across the main building footprint and the upper level’s four-room layout, this offering provides a defined interior configuration within a zoning framework that supports multiple use directions.

Key Highlights

  • 9,114 SF building on 1.58 acres with an upper‑level setup
  • Upper level includes four rooms, each with a full bathroom
  • Zoned C4 and DP for flexible use

Property Analytics

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Current Use

Sigma Alpha Mu ... Charitable Organization

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Electrical Service Grocery & Convenience Store

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

1,246
Businesses Nearby

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - 9,114 SF building on 1.58 acres with upper-level rooms and full bathrooms, zoned C4 and DP.
Where is this office building located?
The property is located at 8701 Founders Rd Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 9,114 SF building on 1.58 acres with an upper‑level setup; Upper level includes four rooms, each with a full bathroom; Zoned C4 and DP for flexible use
(317) 496-0202 Call to check price and availability
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