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Property profile & analytics
OFF-MARKET
Office Spaces

440 East St Indianapolis, IN 46204

6,149 SF
Property ID
Property summary
AI-generated overview

This stunning, completely renovated historic building, the Hoffman House (circa 1873), offers 6,149 square feet of prime office space in the heart of Indianapolis' vibrant Lockerbie Square neighborhood. The three-story building, plus a lower level, provides a unique blend of historic charm and modern functionality, perfect for a single tenant seeking a prestigious location. Its flexible layout is ideal for creative office spaces, traditional office setups, or even a coworking environment. The property boasts a highly desirable CBD2 zoning designation, ensuring a wide range of potential uses. Convenient on-site parking is available with four spaces. Located on 440 N East Street, the building offers direct access to Massachusetts Avenue, providing excellent visibility and convenient access to amenities and transportation. The lease rate is $25.00 per square foot, representing a compelling opportunity in a highly sought-after location. This is a rare chance to secure a landmark property in a thriving Indianapolis neighborhood. The building is situated in Marion County, Indiana, with a zip code of 46204.

Property profile
Verified
Property type Office Spaces
Total area 6,149 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • United Capital Financial Advisors Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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