Indianapolis, IN Medical Office Space for Sale

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22 properties

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Updated: Jun 16

Medical Office and Professional Space

7353 East 21st St, Indianapolis, IN 46219

$2,271,000

12,140 sqft

Office building built in 1993
Less than 1 mile from Community Hospital East
About 7 miles west to downtown Indianapolis via I‑70
Near the I‑70 & I‑465 interchange on a heavily traveled interchange corridor
Adjacent to N. Shadeland Ave retail corridor with national grocery, QSR, and service retail

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7353 East 21st St, Indianapolis, IN 46219

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Est. Cap Rate

7.1%
Above avg (5.9%)
Est. NOI

$161K
Annual
Price @ 7% Cap

$2.3M
Above asking

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Updated: Jul 13

Former Medical Office with ADA-Accessible Layout

6635 E 21st Street, Indianapolis, IN 46219

$1,750,000

1.20 AC lot

7,548 SF former medical office with ADA‑accessible layout
1.2 acres zoned C‑1
Two parking lots provide nearly 50 parking spaces
Multiple entrances for staff, clients, and visitors
Recent upgrades: new roof, new water heater, new LED lighting, motion‑sensored flood lights

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Office Building with Secured Enclosure

3913 N Keystone Avenue, Indianapolis, IN 46205

$450,000

0.56 AC lot

C-3 zoned office building on 0.56 acres on a secured, enclosed site with parking for 30+ cars or trucks.

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Freestanding Single-Story Office Building

1101 N Shadeland Avenue, Indianapolis, IN 46219

$350,000

0.30 AC lot

Street-fronted, C-1 zoned office building with asphalt access and assigned/common parking.

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Former Medical Office and Community Space

6635 E 21st, Indianapolis, IN 46219

$1,750,000

7,548 sqft

Former medical office with ADA-accessible layout, multiple entrances, and ample off-street parking.

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Freestanding Single-Story Office Building

6004 S East Street, Indianapolis, IN 46227

$525,000

0.49 AC lot

Single-story office building on nearly half-acre with on-site parking and signage in Indianapolis just south of I-465.

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Office Property with Roll-Up Garage

2421 Central Avenue, Indianapolis, IN 46205

$299,900

0.17 AC lot

Office-zoned property with front customer parking and alley-access garage/storage featuring a roll-up door.

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Indianapolis Investment Opportunity

6925 Parksdale Place, Indianapolis, IN 46254

$1,285,000

1.60 AC lot

Leased to Hopebridge Autism Center through 2030.

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Single-Tenant Medical Office Building

7526 E 82nd St, Indianapolis, IN 46256

$3,085,000

12,050 sqft

Recently renovated single-tenant medical office building offering 100% occupancy under a long-term lease.

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Single-Story Freestanding Commercial Building

6004 S East Street, Indianapolis, IN 46227

$525,000

1,680 sqft 0.50 AC lot

Single-story freestanding building with on-site parking and a flexible layout for medical, office, or retail use.

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Turnkey Renovated Office Building

6161 Hillside Avenue, Indianapolis, IN 46220

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11,396 sqft

Fully renovated 11,396 SF, two-story office building with ADA upgrades, updated restrooms, and 60 surface parking spaces.

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Prime Retail/Medical Land Opportunity

5901 E. Thompson Rd., Indianapolis, IN 46237

$550,000

2 sqft

2.08 acres ideal for retail or medical development.

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Flexible Office Suite Building

7222 N Shadeland Ave, Indianapolis, IN 46250

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13,495 sqft

Owner-occupant office building offering flexible suite configurations and a stable tenant mix.

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Freestanding Medical Office Building

5155 Pennwood Drive, Indianapolis, IN 46205

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11,948 sqft

Freestanding office building featuring a high-density clinical build-out suitable for medical and related headquarters.

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Medical Office Building For Sale

2710 E 62nd St, Indianapolis, IN

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3,573 sqft 0.23 AC lot

Medical office building with excellent visibility and ample parking.

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Versatile Former Medical Suite

7855 S. Emerson Ave. |, Indianapolis, IN 46237

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34,700 sqft

Divisible medical suite with access to downtown and interstate.

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Single-Story Medical Office Buildings

1310 N Post Rd, Indianapolis, IN 46219

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4,700 sqft 0.50 AC lot

Two single-story owner-user office buildings total approximately 4,700 square feet, with new construction and interior allowance.

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Brand-New Single-Story Office Buildings

1320 N Post Rd, Indianapolis, IN 46219

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7,200 sqft

Two brand-new, single-story professional office buildings suited for owner-user or tenant occupancy.

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Medical Office Building

4880 Century Plaza Rd, Indianapolis, IN 46254

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71,031 sqft

Medical office space totaling 71,031 RSF offers covered patient drop-off and ample parking just off I-65.

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Medical Office Building

3419 E 10th St, Indianapolis, IN 46201

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Corner-lot office building with a partial medical/professional buildout featuring multiple private offices, kitchen, and restroom.

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Single-Tenant Medical Office

5750 W 56th St, Indianapolis, IN 46254

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Single-tenant medical office with a newly extended five-year lease in place under a passive single-net structure.

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Single-Story Medical Office Building

7911 N Michigan Rd, Indianapolis, IN 46268

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High-visibility single-story medical office building offered as fee simple with two tenants and 100% lease occupancy.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Indianapolis, IN, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

Off-Market Properties in Indianapolis, IN

Consider similar Off-Market properties in Indianapolis, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MEDICAL BUILDING

5302 Washington St, Indianapolis, IN 46219-6444

Value Estimation by Request

4,183 sqft 0.44 AC lot

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MEDICAL BUILDING

1314 Post Rd, Indianapolis, IN 46219

Value Estimation by Request

5,025 sqft 0.79 AC lot

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Indianapolis, IN Medical Office Space Market Trends and Statistics

Explore 72 medical office space for sale in Indianapolis, IN, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 191,463 square feet of properties for sale, with an estimated market value of $12,840,900.

Sale prices for medical spaces in Indianapolis, IN start at $299,900, averaging $1,167,354, and reaching up to $3,085,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 979K

Population Growth (5Y) +2.8%

Median Household Income $67,417

College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46205	$375K
46227	$525K
46237	$550K
46254	$1.3M
46219	$1.5M

Taxes & Financing

Tax Rate (average for all types) 2.46%

Property Tax per SF $41.61 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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