Search
Multi-Tenant Flex Industrial Building
For Lease
$18 SF/Yr

9130 Otis Avenue, Indianapolis, IN 46216

COMMERCIAL - Indianapolis, IN

Space SizeContact for details
Property Size25,000 SF
Lot Size1.14 Acres
Days on Market714

Property Features for 9130 Otis Avenue

General Information

Property type Commercial Lease
Property subtype Office
Zoning DP
Elementary school district MSD Lawrence Township
Middle school district MSD Lawrence Township
High school district MSD Lawrence Township
Directions East on E 56th Street from I-465 towards Ft Harrison. North on Post Rd, East on Otis Ave, North on Britz Rd to Bldg on right. Park on the north side of the building.
Subdivision 4904 - Marion - Lawrence
Standard status Active
APN 490805105007000407
Lot size 1.14 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Pt Sw1/4 S5 T16n R5e Comm Sw Cor Sw1/4 N497.79 E428.96 N37.73 To P.O.B. E3.42 Se14.47 E114.32 N85.08' E76.38' N65.66' E8.24'N131.18'' W210.65'' S268.76'' To Beg 1.143 Ac.
Legal Description Pt Sw1/4 S5 T16n R5e Comm Sw Cor Sw1/4 N497.79 E428.96 N37.73 To P.O.B. E3.42 Se14.47 E114.32 N85.08' E76.38' N65.66' E8.24'N131.18'' W210.65'' S268.76'' To Beg 1.143 Ac.

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1908
Floors in Building 2
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Robert Sorrell · License #RB14042253
Added: Aug 22, 2024 Changed: Aug 4 Last Checked: Aug 5 at 2:06AM
MLS# 21993781

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

9130 Otis Avenue is a +/- 25,000 SF, multi-tenant industrial/office/flex complex built on 1.14 acres of developed land. A total of approximately 13,848 SF is available, with space that can be used by a single tenant or leased to multiple tenants depending on operational needs. The property is described as a professionally renovated, multi-use facility and includes common parking to support daily customer and employee access.

Located in Lawrence Village at Fort Harrison, the site is about 2 miles from I-465 and provides easy access to I-69, I-74, I-70, and I-65. The surrounding community includes dining within walking distance, and Fort Harrison State Park is listed as less than a mile away.

This offering is positioned for tenants seeking well-maintained office/industrial/flex space with attentive management. Suites are available on a gross lease basis, with pricing described as ranging from $18/SF/YR to $20.00/SF/YR. With the ability to configure space for one larger user or multiple operators, the building may suit a range of business types that need a mix of functional work space and professional office use.

Key Highlights

  • ~13,848 SF of large, flexible space available for single or multiple tenants.
  • Prime location in Lawrence Village at Fort Harrison, 2 miles from I‑465 for easy access to other interstates.
  • Versatile usage: Suitable for industrial, office, or flex space.

Property Analytics

Current Use

Embroidery! Sew Into ... Marketing & Advertising Cole Fitness Gym & Fitness Center Level365 Telecommunications Service Megan Skelding Physician PhaseForward Crisis Center

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Parking Lot & Garage Auto Parts Store HVAC Service

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

Multi-tenant
Tenancy
Yes
Highway access
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46216, IN

2,343
Population
1,509
Households
1.6
Avg Household Size
47
Median Age
52%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
756
Density / Sq Mi
$56,838
Median Household Income
$44,399
Median Earnings
$1,282
Median Rent
$253,800
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$22.17 /SF/Yr
Avg Asking Price
$8–$95.52 /SF/Yr
Price Range
17,040 SF
Avg Space Size

This space is priced 19% below the average of $22.17 /SF/Yr.

Properties on Market for Flex space in Indianapolis

Feb
Mar
Apr
May
Jun
Jul

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Shiffon's Trayz Galore & More 9531 Devers Pl, Indianapolis, IN 46216
  • MOO & LOU FROZEN TREATS 5645 N Post Rd Ste. B, Indianapolis, IN 46216

Frequently Asked Questions

What type of property is this?
Flex space - Renovated flex space with common parking and flexible suite options available under a gross lease structure.
Where is this flex space located?
The property is located at 9130 Otis Avenue Indianapolis, IN.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: ~13,848 SF of large, flexible space available for single or multiple tenants.; Prime location in Lawrence Village at Fort Harrison, 2 miles from I‑465 for easy access to other interstates.; Versatile usage: Suitable for industrial, office, or flex space.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message