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602 N Capitol Ave Indianapolis, IN 46204
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Property profile & analytics

602 N Capitol Ave Indianapolis, IN 46204


  • Warehouses
  • 29,250 SF
  • 0.45 lot acres
Office Space Near Cultural Trail For Lease
$565,000
5,547 SF

Office Space Near Cultural Trail

Second floor office space available near Indianapolis Cultural Trail.

602 N Capitol Ave, Indianapolis, IN 46204
View Listing
Property ID
US31-0136709
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
$565,000
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Tide Cleaners / (Bike/Boat/Book/etc) Store
  • Ivan Barratt / Property Management Company
  • Creative Engineering Solutions / Engineer
  • Tide Dry Cleaners / (Bike/Boat/Book/etc) Store

Property Details for 602 N Capitol Ave

Year built
1924
Construction
WOOD
Lot size
0.45 lot acres
Property size
29,250 SF
Zone code
ZO01
Property type
Warehouses
APN
49-11-02-250-028.000-101
APU
491102250028000101

Description

This exceptional 5,547 square foot office space, located on the second floor of a Class B building in Indianapolis' Central Business District (CBD), offers a unique blend of traditional and creative office environments. The suite is immediately available for lease and boasts a flexible layout perfect for a variety of businesses. The building itself totals 19,000 square feet and is comprised of only two suites, ensuring a quiet and professional atmosphere. This particular suite offers ample natural light and is ideally situated for easy access to key Indianapolis attractions. Eleven dedicated parking spots are included, supplemented by readily available street parking. The property's prime location provides unparalleled convenience, with a short walk to the Indianapolis Cultural Trail, the IUPUI campus, the Indiana Statehouse, Mass Avenue, and Monument Circle. This presents a rare opportunity to secure a substantial, well-located office space in the heart of Indianapolis' vibrant downtown core. The building features two stories and is situated near North Street. The Marion County location provides easy access to major transportation routes and amenities. This is a multi-tenant building, offering a collaborative yet private work environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $465,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $425,000
    Market price range: $393k - $1.04M

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.1619
Latitude
39.7759
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,057
$448,500
$274,600
$723,100
-
$448,500
$274,600
$723,100
View Listing
More about this property
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