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    152 Washington St Indianapolis, IN 46204

    Sponsored
    For Sale
    $1,700,000

    10,000 SF Office, $170/SF, 4-Story

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 10,000-square-foot office building, located at 152 E Washington Street in Indianapolis, Indiana's vibrant Central Business District, presents a unique investment opportunity. The four-story traditional office building boasts a desirable location, offering excellent visibility and accessibility. Priced at $1,700,000 ($170 per square foot), this property features abundant natural light throughout, creating a bright and uplifting workspace. Extensive renovations were completed in 2016, ensuring modern amenities and functionality. A recently modernized elevator provides convenient access to all four floors. The building also includes ample storage areas, catering to diverse business needs. Its prime location offers immediate access to Indianapolis' Cultural Trail, with convenient shower and bike storage facilities available on-site for those who utilize the trail. The 0.06-acre lot provides a solid foundation for this well-maintained and updated property, making it an ideal acquisition for discerning investors seeking a strong presence in the heart of Indianapolis. The building's modern design and convenient amenities make it an attractive option for a variety of businesses. All 10,000 square feet are net rentable. The property is situated in Marion County, Indiana, with a zip code of 46204. Furniture is available for purchase separately.

    Property Features for 152 Washington St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    10,000 SF
    Lot Size
    2,614 SF

    Building Details

    Stories
    4

    HighLights

    • 10,000 SF office building in Indianapolis' Central Business District.
    • $1,700,000 asking price ($170/SF).
    • Four‑story building with extensive 2016 renovations.
    • Modern elevator and ample storage.
    • 0.06‑acre lot in Marion County, IN (46204).
    • All 10,000 SF is net rentable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pinnacle Solutions Inc Software Company

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1546877
    Latitude
    39.7672956

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    FAQs

    What type of property is this?
    Office Property / Space - 10,000 SF Office, $170/SF, 4-Story
    Where is this office property / space located?
    The property is located at 152 Washington St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: 10,000 SF office building in Indianapolis' Central Business District.; $1,700,000 asking price ($170/SF).; Four-story building with extensive 2016 renovations.
    (317) 713-2151
    Request Owner's contact information
    152 Washington St Indianapolis, IN 46204
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    Indianapolis, IN 46204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    152 Washington St Indianapolis, IN 46204
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