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Updated Office Building with Garages
For Sale
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Pending

8854 W Washington St, Indianapolis, IN 46231

Updated main-level office space with new finishes, plus an unfinished basement and two detached garages.

Property Size1,451 SF
Days on Market285

Property Features for 8854 W Washington St

General Information

Standard status Pending
Size 1,451 SF
Property subtype Office
Listing Agency: Land Pro Realty
Listed By: Khloe Anderson · License #RB16001257
Source: Crexi
Added: Nov 24, 2025 Changed: Aug 8 Last Checked: Jul 24 at 5:48PM

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 Land Pro Realty

Investment Insights

Based on property information with market context.

This updated office property offers nearly 1,500 square feet on the main level, with recent improvements including new carpet and fresh paint. The building also includes a full unfinished basement, providing additional space that can be finished or used for storage. Two detached garages are included with the property.

The building is located on West Washington Street with visibility along a busy corridor. Convenient access to public transportation is available in front of the building, and the location provides quick access to I-465 and I-70, with downtown Indianapolis and the airport within minutes.

With a straightforward office configuration and included parking/garage storage, the property is positioned for an owner-occupant or a business that needs functional space and practical access.

Key Highlights

  • Nearly 1,500 SF of updated main‑level office space with new carpet and paint
  • Full unfinished basement provides additional usable space
  • Includes two detached garages

Property Analytics

Current Use

Pajama Clubhouse Daycare Center Best Buds Smoke ... (Bike/Boat/Book/etc) Store CoinFlip Bitcoin ATM Financial Advisor

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Real Estate Agency Building Supply Hair Salon Auto Parts 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

107
Businesses Nearby

Demographics for 46231, IN

10,889
Population
3,895
Households
2.8
Avg Household Size
36
Median Age
19%
College-Educated
79%
High-School Grad
11.7 sq mi
ZIP Area
931
Density / Sq Mi
$76,823
Median Household Income
$47,727
Median Earnings
$1,575
Median Rent
$204,200
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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Frequently Asked Questions

What type of property is this?
Office units - Updated main-level office space with new finishes, plus an unfinished basement and two detached garages.
Where is this office units located?
The property is located at 8854 W Washington St Indianapolis, IN.
What are key features of this property?
This property features: Nearly 1,500 SF of updated main‑level office space with new carpet and paint; Full unfinished basement provides additional usable space; Includes two detached garages
(317) 753-8627 Call to check price and availability
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