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    8 Louisiana St Indianapolis, IN 46225

    Sponsored
    For Lease
    $24 SF/Yr ($8,400 /Mo)

    Historic building, fully renovated, 4,200 sq ft.

    Lot size:
    4,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This stunning 4,200-square-foot office building at 8 W Louisiana St, Indianapolis, IN 46225, presents a unique opportunity. Originally constructed in 1905 as the Indiana Brewing Company & Hotel, this three-story building has been completely renovated in 2024, boasting 1,400-square-foot floor plates. The creative office space features exposed brick, beautiful wood floors, and skylights, complemented by original exposed tin ceilings. The building offers a single tenancy and is fully vacant, ready for immediate occupancy. Recent improvements include a new roof (with a warranty extending to 2035), new skylights (2020), a new second-level HVAC inducer motor and condensing unit (2024), a new appliance package (2024), and a new second-level water heater (2024). The property benefits from numerous parking options in the surrounding area, with the owner currently possessing two dedicated spaces in an adjacent surface lot. Its prime location in Indianapolis's evolving Wholesale District provides easy walking access to Circle Centre Mall, Gainbridge Fieldhouse, Lucas Oil Stadium, and a variety of restaurants, hotels, and entertainment venues. This exceptional property combines historic charm with modern amenities, making it an ideal space for a discerning tenant.

    Property Features for 8 Louisiana St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,200 SF
    Total Rate
    8400

    Building Details

    Year Renovated
    2024
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    4,200 SF
    Rate per SF
    $24
    Property Profile Location Intelligence

    Current Use by Public Records

    Business Media Group, ... Event Management Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.158632103078
    Latitude
    39.76289922433

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    FAQs

    What type of property is this?
    Office space - Historic building, fully renovated, 4,200 sq ft.
    Where is this office space located?
    The property is located at 8 Louisiana St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    Request Owner's contact information
    8 Louisiana St Indianapolis, IN 46225
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    Indianapolis, IN 46225
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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
    8 Louisiana St Indianapolis, IN 46225
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