238 Meridian St Indianapolis, IN 46225
This exceptional coworking opportunity is located at 238 South Meridian Street, Indianapolis, Indiana, 46225, in the heart of the Wholesale District, at the corner of Meridian and Jackson Streets. The five-story building, constructed in 1949 and renovated in 2004, offers a total of 21,000 square feet of office space, currently configured as a coworking floor with a shared conference room. The property features three total suites, with 2,000 square feet of immediately available space. Individual suites can be as small as 200 square feet or as large as 2,000 contiguous square feet, providing flexibility for businesses of various sizes. The building is zoned CBD-2. The number of parking spaces is negotiable. Elevators are available for convenient access to all floors. This is an excellent opportunity for small companies seeking affordable, private office space in a central location. Monthly parking is available for all tenants. Pricing is below market value.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.