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    Indianapolis, IN Office Spaces for Sale

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    Indianapolis Office Building Investment Opportunity
    Updated: Mar 6
    Indianapolis Office Building Investment Opportunity

    5218 S. East St., Indianapolis, IN 46227

    $805,700
    5,673 sqft
    Prime location with easy access to US 31 and I‑465.
    5,673 SF office building for sale.
    Great long‑term equity building and control over workspace.
    Below‑market rents offer potential for increased revenue.
    Customizable interiors and flexible floor plans.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5218 S. East St., Indianapolis, IN 46227

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    • Est. Cap Rate

      8.7%
      Above avg (5.9%)

    • Est. NOI

      $70K
      Annual

    • Price @ 7% Cap

      $996K
      Above asking
    View Property Analytics
    Office Building with Three Entrances
    Updated: Aug 13
    Office Building with Three Entrances

    6280 N Shadeland, Indianapolis, IN 46220

    $1,975,000
    1.73 AC lot
    Office building constructed in 2000 on 1.73 acres
    Three separate entrances for occupants, divisions, or customer access
    Finished basement leased for primary care and physical therapy use
    Private balcony overlooking the rear surroundings
    Commercial zoning
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    Office Building with Monument Sign
    Office Building with Monument Sign

    7423 E 82nd Street, Indianapolis, IN 46256

    $575,000
    0.51 AC lot

    Configured for reception, meetings, private offices, employee amenities, and storage, with central air and forced-air heating.

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    Medical Office Property
    Medical Office Property

    6635 E 21st Street, Indianapolis, IN 46219

    $1,750,000
    1.20 AC lot

    ADA-accessible former medical facility with multiple entrances, two parking lots, and flexible interior spaces.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Former Medical Office and Community Space
    Former Medical Office and Community Space

    6635 E 21st Street, 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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    Lakefront Standalone Office Building
    Lakefront Standalone Office Building

    4929 E 96th Street, Indianapolis, IN 46240

    $2,450,000
    1.34 AC lot

    Remodeled office property with private offices, open work areas, conference rooms, and multiple entrances.

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    Multi-Suite Office Building
    Multi-Suite Office Building

    1300 N Pennsylvania Street, Indianapolis, IN 46202

    $550,000
    0.23 AC lot

    Two-floor office property with private suites, reception areas, shared support rooms, and dedicated rear parking.

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    Office Building with Multiple Entrances
    Office Building with Multiple Entrances

    1202 S Lynhurst Drive, Indianapolis, IN 46241

    $800,000
    0.61 AC lot

    C4-zoned property with chapel areas, offices, storage, restrooms, and an attached garage.

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    Multi-Office Building with Parking
    Multi-Office Building with Parking

    1300 N Pennsylvania St, Indianapolis, IN 46202

    $700,000
    8,637 sqft

    Large windows, private parking, and flexible interior rooms support a professional office setting.

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    Mixed-Use Property with Elevator
    Mixed-Use Property with Elevator

    536 E Market Street, Indianapolis, IN 46204

    $3,900,000
    0.91 AC lot

    CBD-2 zoning supports retail, office, and multifamily development.

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    Office Building with Secured Site
    Office Building with Secured Site

    3913 N Keystone Avenue, Indianapolis, IN 46205

    $450,000
    0.56 AC lot

    Flexible office layout with controlled access, fenced parking, and C3 commercial zoning.

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    Medical Office and Professional Space
    Medical Office and Professional Space

    7353 East 21st St, Indianapolis, IN 46219

    $2,271,000
    12,140 sqft

    Office space positioned for medical and professional tenants with close access to a major hospital campus and regional corridors.

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    Flexible Office Building
    Flexible Office Building

    2131 E 54th Street, Indianapolis, IN 46220

    $560,000
    0.64 AC lot

    C-1 property includes a fenced outdoor area and detached garage for varied commercial configurations.

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    Multi-Level Office Building
    Multi-Level Office Building

    2226 W Michigan Street, Indianapolis, IN 46222

    $524,900
    0.11 AC lot

    Commercially zoned office property with multiple work areas, conference rooms, offices, and a finished lower level.

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    Renovated Multi-Tenant Flex Space
    Renovated Multi-Tenant Flex Space

    9130 Otis Ave, Indianapolis, IN 46216

    $2,475,000
    25,000 sqft

    Renovated commercial property offers divisible suites and shared parking near major Indianapolis routes.

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    Two-Building Mixed-Use Property
    Two-Building Mixed-Use Property

    1915 Southeastern Avenue, Indianapolis, IN 46201

    $750,000
    0.45 AC lot

    C-3-zoned commercial asset with multi-suite space, warehouse capability, and a leased restaurant component.

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    Freestanding Single-Story Office Building
    Freestanding Single-Story Office Building

    1109 N Shadeland Avenue, Indianapolis, IN 46219

    $250,000
    0.30 AC lot

    C-1-zoned property with central air, forced-air heat, common parking, and city street frontage.

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    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    2121 Madison Ave, Indianapolis, IN 46225

    $380,000
    4,380 sqft 0.36 AC lot

    Two-story owner-user property combines office, warehouse, and renovated residential space in a four-parcel configuration.

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    Freestanding Single-Story Office Building
    Freestanding Single-Story Office Building

    1101 N Shadeland Avenue, Indianapolis, IN 46219

    $350,000
    0.30 AC lot

    C-1-zoned property identified for professional office, medical, retail service, or small business operations.

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    Single-Tenant Medical Office Building
    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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    Office Building with Basement
    Office Building with Basement

    5397 E 38th Street, Indianapolis, IN 46218

    $299,900
    0.23 AC lot

    Established office configuration with fresh paint, basement space, and garage parking in a C-1-zoned property.

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    Commercial Land with Office Building
    Commercial Land with Office Building

    2316 Mellen Road, Indianapolis, IN 46231

    $329,000
    0.35 AC lot

    C3-zoned property combines an operating-ready office layout with two vacant parcels for additional development.

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    Historic Six-Story Office Building
    Historic Six-Story Office Building

    230 E. Ohio, Indianapolis, IN 46204

    $2,100,000
    31,726 sqft

    Six-story office building with in-place tenant income and space expected to become available at closing.

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    Commercial Land with Office Building
    Commercial Land with Office Building

    8834 & 8844 W Washington Street, Indianapolis, IN 46231

    $329,000
    0.35 AC lot

    C3-zoned property includes an office building and access to public water and public sewer.

    View details

    Indianapolis, IN Office Spaces Market Trends and Statistics

    Explore 224 office spaces for sale in Indianapolis, IN, showcased through 224 active listings on our real estate platform. These investment opportunities span a total of 4,199,852 square feet of properties for sale, with an estimated market value of $91,975,737.

    Sale prices for office spaces in Indianapolis, IN start at $98,900, averaging $1,507,798, and reaching up to $11,722,000 — 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

    Office Units 434
    Office buildings 371
    Medical Office Space 77
    Coworking space 26
    Creative space 10

    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
    46225 $180K
    46226 $184.9K
    46221 $250K
    46214 $254.8K
    46220 $277.3K

    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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    Browse Office Spaces for Sale Near Indianapolis, IN

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46204
    • 46220
    • 46250
    • 46227
    • 46205
    • 46219
    • 46268
    • 46278
    • 46202
    • 46201
    • 46203
    • 46218

    Featured Indianapolis Real Estate Agencies

    Realmo connects you with licensed Indianapolis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ron Cheeks Real Estate Group
    5397 E 38th St Indianapolis, IN 46218
    Phone: 13175427653
    www.speaktocheeks.com

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