Indianapolis, IN Warehouses for Sale

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Updated: Nov 21, 2025

Indianapolis Industrial Warehouse with Upgrades

2051 Sherbrook Avenue, Indianapolis, IN 46218

$2,400,000

41,932 sqft

Expansive 40,000 SF industrial warehouse suitable for owner‑user
Excellent connectivity to Highway I‑70, I‑465, and downtown Indianapolis
Recent capital improvements including new LED lighting, drive‑in/dock doors, hanging heaters, windows, and paint
Features five loading docks: (3) 8'x10' and (2) 8'x9'
Equipped with 3‑phase power: 800 amp | 240/120V

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This listing looks promising.

Here's a quick look at some key insights for

2051 Sherbrook Avenue, Indianapolis, IN 46218

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$209K
Annual
Price @ 7% Cap

$2.99M
Above asking

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Updated: Jun 27

Industrial Flex Building with Overhead Doors

1000 S Arlington Avenue, Indianapolis, IN 46203

$3,500,000

13.76 AC lot

4,242 sq. ft. industrial flex building with 828 sq. ft. of office space
Over 3,000 sq ft of manufacturing, warehouse, and industrial space
Two 14‑ft overhead doors for vehicle and equipment access
I‑3 zoning with access to I‑465 and I‑70
Interior updates include remodeled bathrooms, new flooring, fresh paint, and upgraded lighting

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Industrial Warehouse with Loading

2334 Production Drive, Indianapolis, IN 46241

$4,350,000

3.34 AC lot

I-3 industrial facility with dock and drive-in loading, office space, and direct regional transportation access.

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C-3 Flex Space with Fenced Yard

3604 Madison Avenue, Indianapolis, IN 46227

$639,000

3.00 AC lot

Three-acre commercial property with warehouse, secondary building, utility connections, and outdoor operating space.

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Brewery-Pub with Multiple Overhead Doors

1301 Barth Ave, Indianapolis, IN 46203

$1,250,000

11,060 sqft

Leased brewery-pub building with heavy power, gas heat, and eight rear overhead doors plus an adjacent vacant MU1 lot.

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Warehouse with Overhead Doors

1028 Vandeman Street, Indianapolis, IN 46203

$120,000

0.10 AC lot

I4-zoned warehouse with storage and workshop utility, supported by multiple overhead loading doors.

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Renovated Multi-Tenant Warehouse

3031 South Holt Road, Indianapolis, IN 46221

$795,000

10,000 sqft

Renovated industrial space with C5 zoning and automotive uses permitted.

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Freestanding Industrial Building with Outdoor Storage

2845 Tobey Dr, Indianapolis, IN 46219

$950,000

8,000 sqft 1.22 AC lot

Freestanding industrial building with outdoor storage, heavy power, and excess north acreage for parking or storage.

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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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Climate-Controlled Flex Industrial Building

8720 Robbins Road, Indianapolis, IN 46268

$1,800,000

12,000 sqft

Freestanding flex space with fenced outdoor storage, sprinklers, and motion-sensor LED lighting.

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Manufacturing Property with Drive-In Door

3369 Boulevard Place, Indianapolis, IN 46208

$1,075,000

8,016 sqft 0.54 AC lot

Warehouse improvements include office areas, dedicated parking, and additional parcels behind the building.

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Occupied Flex Space

6625 Network Way, Indianapolis, IN 46278

$11,722,000

89,504 sqft

Office, warehouse, and lab components support a flexible commercial configuration with loading access and full occupancy.

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Manufacturing Campus with Highway Visibility

2427 N Ritter Ave, Indianapolis, IN 46218

$4,250,000

67,288 sqft 4.34 AC lot

Multi-building industrial campus with gated access, fencing, and infrastructure suited to manufacturing, warehousing, or distribution operations.

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Indianapolis Industrial Building For Sale

1105 Martin Street, Indianapolis, IN 46227

$687,403

10,152 sqft 0.62 AC lot

10,152 SF industrial building on 0.62 acres in Indianapolis.

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Office/Warehouse Flex Building

2115 E 45th St, Indianapolis, IN 46205

$369,000

3,030 sqft

Functional office and warehouse areas include gas heat and municipal water and sewer service.

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Multi-Tenant Mixed-Use Buildings

1915 Southeastern Avenue, Indianapolis, IN 46201

$750,000

9,720 sqft

Two income-producing buildings on one parcel offer a leased restaurant and additional space with multiple prior leasing configurations.

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Refinished Flex Space with Fenced Lot

3910 E 21st St, Indianapolis, IN 46218

$750,000

6,603 sqft

Updated flex property with renovated office areas, upgraded building systems, accessory storage, and secured outdoor space.

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Industrial Flex Property with Rear Yard

1122 Deloss St, Indianapolis, IN 46203

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9,225 sqft 0.83 AC lot

Interconnected buildings combine office, warehouse, and shop areas with on-site parking.

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Broad Ripple Commercial Opportunity

710 E 52nd St, Indianapolis, IN 46205

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4,672 sqft 0.25 AC lot

Value-add commercial building in Broad Ripple with parking.

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Industrial Flex Building with Drive-In Doors

5251 W 81st St, Indianapolis, IN 46268

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20,530 sqft 1.29 AC lot

Former secure record storage facility offering office space and warehouse potential with two 12-by-12 drive-in doors.

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Industrial Warehouse with Drive-In

8765 Hague Rd, Indianapolis, IN 46256

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8,063 sqft 0.98 AC lot

8,063 SF I-2 zoned warehouse with 18' clear height, single drive-in door, and 37 parking spaces on 0.98 acres.

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Warehouse with Office and Dock-High Doors

5905 Decatur Blvd, Indianapolis, IN 46241

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30,090 sqft 3.00 AC lot

Well-maintained 30,090 SF warehouse with 7,357 SF office, dock-high and drive-in doors, and 28' clear height.

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Industrial/Flex Warehouse Building

4495 Saguaro Trail, Indianapolis, IN 46268

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10,325 sqft

Industrial/flex building offering a versatile layout and is zoned ZO01 in Indianapolis.

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Industrial Flex Showroom Warehouse

5350 Elmwood Avenue, Indianapolis, IN 46203

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5,760 sqft

Flex-style building with showroom, warehouse, and retail space plus direct Elmwood Avenue frontage and private parking.

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Indianapolis, IN Warehouses Market Trends and Statistics

Explore 88 warehouses for sale in Indianapolis, IN, showcased through 88 active listings on our real estate platform. These investment opportunities span a total of 3,110,297 square feet of properties for sale, with an estimated market value of $50,901,303.

Sale prices for warehouse buildings in Indianapolis, IN start at $120,000, averaging $1,957,742, 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

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
46221	$250K
46201	$450K
46219	$588.9K
46225	$595K
46227	$663.2K

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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