Office for Sale in Indianapolis, IN

  • Price: $300K
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46217
  • Size: 3,100 SF

Description

Utilize the existing house as office space or take it down and redevelop the site to meet your business’ needs. Located on the north end of SR-135’s main retail corridor, this property is prime for commercial use. Curb cuts on South Meridian Street, which promotes excellent ingress and egress opportunities. Nestled in between a residential and commercial area puts rooftops right at your back door. This location boasts excellent visibility with above average daily traffic counts and is perfect for a business who wants to be close to amenities and potential customers. This property is split into two separate parcels, zoned commercial with a 3100 SF residential structure on it. Building SF: 3100 | Land Size: 0.94 Ac | Listing Type: FOR SALE

Market Context

This office in Indianapolis, IN is listed for sale at $300,000 across 3,100 SF ($97/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

$43.00/SF – $58.17/SF

Mid: $50.58/SF

Total estimate for 3,100 SF: $156,798

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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