Office for Sale in Indianapolis, IN

  • Price: $299K
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46201

Description

Classic bank with decorative high ceilings and details throughout. A newly renovated and fenced parking lot, 2nd level loft, and full basement, with lots of flexibility for your business. Conveniently located, 2 miles from Monument Circle and 1 mile to the Indy Criminal Justice Complex. Renovations are ongoing, get this now to make it your own. OPPORTUNITY ZONE LOCATION!!! - This property is in a Qualified Opportunity Zone suitable for capital gain deferrals & reductions. Land Size: 0.36 Ac | Listing Type: FOR SALE

Market Context

This office in Indianapolis, IN is listed for sale at $299,000. It has been on the market for 38 days. Compare it against other office listings for sale in Indianapolis, IN — <a href="/search/sale/office/indiana/indianapolis">view the full market</a>.

As of Q1 2026, the Indianapolis office market showed average asking rents near $20.98/SF/yr, and cap rates around 8.6%. Source: Consensus Q1 2026 market report.

Office market FAQ

What is the typical cap rate for office in Indianapolis?
About 8.6% as of Q1 2026, per Consensus.

Unified Estimate

Very Low Confidence

$20.12/SF – $27.22/SF

Mid: $23.67/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market tampa (similarity: 100%) with 15 comparable listings.

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