Office for Sale in Indianapolis, IN

  • Price: $525K
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46227
  • Size: 1,680 SF

Description

6004 S East Street offers a rare chance to own a versatile freestanding commercial building along one of Indianapolis’s most traveled corridors. Just south of I-465, the property provides outstanding visibility, easy access, and strong daily traffic. The 1,680 SF single-story building sits on nearly a half-acre with on-site parking and prominent signage. Its flexible layout suits a range of uses—medical, professional office, or service-oriented retail—making it ideal for an owner-user or investor seeking a well-located, high-exposure asset in a thriving corridor. Recently reduced to $525,000, this property delivers both stability and presence in a prime southside location. Prime Southside Commercial Opportunity Price: $525,000 Building Size: 1,680 SF Lot Size: 0.48 acre Building SF: 1680 | Land Size: 0.48 Ac | Listing Type: FOR SALE

Market Context

This office in Indianapolis, IN is listed for sale at $525,000 across 1,680 SF ($312/SF). 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

$108.33/SF – $146.55/SF

Mid: $127.44/SF

Total estimate for 1,680 SF: $214,099

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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