Indianapolis, IN Commercial Real Estate

Search commercial property for lease or for sale and view the Market Overview section below for local stats and insights.

969 Listings

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$25.00 - $30.00/SF/YR
Boulder Ridge Professional Center
5905 South Emerson Avenue, I65 - South Emerson, Indianapolis, IN
Space Type
Office
4 spaces

525 - 1,400 SF
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2 of 2
$19.00/SF/YR
9245 N Meridian Street
9245 N Meridian Street, College Commons, Indianapolis, IN
Space Type
Office
4 spaces

1,792 - 10,441 SF
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$15.25 - $24.00/SF/YR
The Colony
10291 & 10293 N. Meridian St., Northridge, Indianapolis, IN
Space Type
Office
12 spaces

1,596 - 5,209 SF
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From $650/month

Virtual Office by Design
Virtual Office by Design
8520 Allison Pointe Boulevard Suite 220, Indianapolis, IN
Space Type
Private Offices
Space for 1 person
Are you looking to lease or to buy?

For Lease

Flexible rental for
businesses and investors
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For Sale

Premium commercial
properties, long-term value
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Price on request
4330 Hull Street, Near Northeast Business Center
4330 Hull Street, Allen and Sellers, Indianapolis, IN
Space Type
Industrial
1 space

1,657 SF
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5 of 5
Price on request
Parkstone Office Center III
9002 Purdue Road, College Park, Indianapolis, IN
Space Type
Office
3 spaces

1,641 - 13,505 SF
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2 of 3

3 of 3
Price on request
Avon, IN (Live-Work District)
175 N. Ronald Reagan Pkwy, Persimmon Grove, Avon, IN
Property Type
Land
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$15.00/SF/YR
Lake Plaza Business Center
6801 Lake Plaza Dr., Devonshire, Indianapolis, IN
Space Type
Office
3 spaces

803 - 1,200 SF
1 of 1
Price on request
Castle Point Trade Center
8621-8677 Bash St, Castleton, Indianapolis, IN
Space Type
Industrial
1 space

7,700 SF
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2 of 5

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5 of 5
Price on request
The Logan Bldg
5150 Decatur Blvd, Ameriplex, Indianapolis, IN
Space Type
Industrial
1 space

31,463 SF
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Price on request
Park Fletcher Building 10
5603 W Raymond St, Park Fletcher, Indianapolis, IN
Space Type
Industrial
1 space

2,256 SF
1 of 1
$499,999
1209 East 46th Street
1209 East 46th Street, Fairgrounds, Indianapolis, IN
Property Type
Retail
3,072 SF
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Price on request
Castleton Park - Building 47
8085 Knue Road, Castleton, Indianapolis, IN
Space Type
Office
1 space

27,126 SF
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2 of 2
Price on request
1401 South Keystone Avenue
1401 South Keystone Avenue, Bethel, Indianapolis, IN
Space Type
Industrial
1 space

139,364 SF
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2 of 3

3 of 3
$18.50 - $21.00/SF/YR
Meridian Park Five
9302 N Meridian St, Park Meridian, Indianapolis, IN
Space Type
Office
9 spaces

732 - 4,532 SF
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$4,250,000
2427 N Ritter Avenue
2427 N Ritter Ave, Arlington Heights, Indianapolis, IN
Property Type
Industrial
Built in 1974

67,288 SF
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$995,000
Fully Occupied Multi-Tenant Industrial Investment
722 Ketcham St, Haughville, Indianapolis, IN
Property Type
Industrial
11,362 SF
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Price on request
Park Meridian
9450 North Meridian Street, Park Meridian, Indianapolis, IN
Space Type
Office
2 spaces

6,213 - 9,368 SF
1 of 1
$7.25/SF/YR
Park 100 Building 97
5110-5188 W 74th St, Park 100, Indianapolis, IN
Space Type
Industrial
1 space

73,210 SF
1 of 1
Price on request
Glendale Professional Plaza
2620 Kessler Boulevard East Dr, Glendale, Indianapolis, IN
Space Type
Office
5 spaces

1,055 - 3,024 SF
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$8,150.00/MO
2160 Fletcher Ave
2160 Fletcher Ave., Bartholomews, Indianapolis, IN
Space Type
Industrial
1 space

13,824 SF
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2 of 3

3 of 3
$2,055,240
Park 31 South - Building C
5224 S. East St., Orchard Park, Indianapolis, IN
Property Type
Office
39,812 SF
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Price on request
Park Fletcher Building 12
1936 South Lynhurst Drive, Drexel Gardens, Indianapolis, IN
Space Type
Industrial
1 space

4,092 SF
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$17.00/SF/YR
6350 N. Shadeland Ave.
6350 N. Shadeland Ave., East Avalon Hills, Indianapolis, IN
Space Type
Office
7 spaces

948 - 7,913 SF
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2 of 2
Price on request
Rawles Industrial Complex
9810 Rawles Ave, Woodsong, Indianapolis, IN
Space Type
Industrial
1 space

22,100 SF
1 of 1
Price on request
Park Elmwood | Flexible Infill Industrial Suites with Immediate I-465 Access
5602 Elmwood Ave, Beech Grove, Indianapolis, IN
Space Type
Industrial
1 space

20,250 SF
1 of 1
Price on request
Flex Space Conveniently Located Near Downtown Indianapolis and the Indianapolis Motor Speedway
57 Gasoline Alley, Speedway, Indianapolis, IN
Space Type
Industrial
1 space

12,500 SF
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$25.00/SF/YR
140 S College Ave
140 S College Ave, Fletcher Place, Indianapolis, IN
Space Type
Retail
1 space

2,242 SF
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Price on request
3901 W 86th Street
3901 West 86th Street, Crooked Creek Heights, Indianapolis, IN
Space Type
Office
5 spaces

1,784 - 7,891 SF
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Price on request
INTECH Three
6510 Telecom Drive, Speights, Indianapolis, IN
Space Type
Office
4 spaces

4,406 - 12,621 SF
1 of 1
Price on request
920 E Ohio St
920 E Ohio St, Holy Cross, Indianapolis, IN
Space Type
Industrial
1 space

5,262 SF
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$3,900,000
Downtown Development Opportunity
536 E Market St, Cole Noble, Indianapolis, IN
Property Type
Office
Built in 1968

25,412 SF
1 of 1
Price on request
Pendleton Trade Center
7525 E 39th St, Arlington Woods, Indianapolis, IN
Space Type
Industrial
1 space

8,400 SF
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2 of 2
Price on request
Southport Crossing Building 2
7535 Company Dr, Sycamore Run, Indianapolis, IN
Space Type
Industrial
2 spaces

30,271 - 37,380 SF
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$21.50 - $23.50/SF/YR
10330 North Meridian Street
10330 North Meridian Street, The Reserve at Springmill, Indianapolis, IN
Space Type
Office, Retail
8 spaces

3,429 - 29,325 SF
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$15.00/SF/YR
Castleton Flex-Industrial for Sale or Lease
8004-8008 Castleway Drive, Castleton, Indianapolis, IN
Space Type
Industrial
2 spaces

2,772 - 5,272 SF
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2 of 4

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4 of 4
Price on request
One Independence Center
1776 North Meridian Street, Herron - Morton Place, Indianapolis, IN
Space Type
Office
8 spaces

2,049 - 12,000 SF
1 of 1
Price on request
MMP East MOB II
9650-9670 East Washington Street, Easton, Indianapolis, IN
Space Type
Office
1 space

2,164 SF
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Price on request
Castleton Park - Buildings 32, 36, 37 & 38
6345 Castleway Court, Castleton, Indianapolis, IN
Space Type
Office
3 spaces

9,735 - 13,188 SF
1 of 1
$1,365,000
Flexible Commercial / Retail Building across from American Legion Mall & Cultural Trail
619 N Pennsylvania Street, St. Joseph, Indianapolis, IN
Property Type
Office
8,130 SF

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The Indianapolis, IN Commercial Real Estate Market at a Glance

The commercial real estate market in Indianapolis, IN includes commercial property of all types. To put it in numbers, there are 51,262,459 square feet of commercial space in 890 commercial properties across the city. If you are not familiar with commercial real estate in Indianapolis, IN, below are a few essential aspects to consider in order to better understand the local market.

Commercial Space for Rent Opportunities in Indianapolis, IN

You can search 1,494 commercial real estate space listing(s) currently available for rent in Indianapolis, IN, which represents a total of 51,262,459 square feet. Leasing opportunities here include 957 office listing(s), 274 industrial and warehouse listing(s), 213 retail space listing(s), and more. Use the search filters at the top of the page and the interactive map to see location-specific advantages when looking for your next commercial space for lease in Indianapolis, IN. You can conveniently reach out for more in-depth information using the contact form available on each listing.

Indianapolis, IN Commercial Real Estate Listings for Rent

Property type No. of Listings Total Sq. Ft. Avg. Asking Rent

Office 351 24,108,529 $23.62

Retail 173 19,697,988 $23.82

Industrial 255 21,130,138 $7.9

Other 44 6,230,903 N/A

Looking to lease a particular type of commercial property? Visit our dedicated pages for office space for rent, retail spaces for lease, or warehouses for rent to view current listings and access more in-depth market stats.

What to Consider When Renting Commercial Real Estate in Indianapolis, IN

If you are somewhat new to this process, a good place to start would be our quick guide to the differences between commercial property types, and some essential terms to know. Once you get the general idea of what a certain kind of space can offer you, it is essential to clarify what to prioritize among your business needs relating to the workspace you need to occupy and the location where you need it to be.

Not all decision factors can be clear-cut search filters and property categories, so the next step after doing a listing search for the type of property you need should be to reach out to the real estate brokers, as they are best positioned to fill in the blanks and help you secure the best commercial space lease for your needs.

Commercial Real Estate for Sale in Indianapolis, IN

Those who are better served by owning instead of renting commercial property can also find options for sale here. Investment opportunities currently listed on the local market add up to a total of 225 commercial property for sale listing(s).

Depending on aspects such as location, market particularities, and property potential, office space can be transformed and adapted to accommodate a great variety of tenant businesses and institutions. Options of commercial real estate for sale in Indianapolis include 51 office building for sale listing(s).

If your investment strategy is focused on warehousing, logistics, or similar property types, you’ll find 37 industrial real estate for sale listing(s) currently marketed in Indianapolis.

Interested in retail property investment? The local market currently offers 40 retail space for sale listing(s), complete with essential listing details, property data, and broker contact information.

Indianapolis, IN Commercial Real Estate Listings for Sale

Property type No. of Listings Total Sq. Ft.

Office 51 24,108,529

Retail 40 19,697,988

Industrial 37 21,130,138

Other 95 21,553,576

Shopping for a certain type of commercial property? Visit our dedicated pages for office property for sale, retail space for sale, or industrial real estate for sale to see what local investment opportunities are currently listed.

Buying Commercial Property in Indianapolis, IN

When acquiring commercial property, you are likely to take into consideration some of the same factors that go into choosing a space to rent: location, size, configuration, the condition of the property, and costs. However, some aspects might be more relevant to consider when looking to buy property, such as: the zoning and what property improvements or transformations it allows; how flexible the property is in terms of repositioning or adaptive reuse improvements (some configurations lend themselves to transformation more easily than others); and what equity potential the investment might have.

Additionally, it is highly recommended that you enlist the expertise of professionals who are knowledgeable not only in the complexities of property acquisitions, but also in the untapped investment potential in their local markets.

Where You Are Most Likely to Find Commercial Space in Indianapolis, IN

The best areas of the market may vary depending on the type of commercial real estate you are interested in, either for rent or for sale. For instance, while office properties and retail space are often located relatively close to each other, some industrial real estate tends to be zoned separately.

In Indianapolis, IN, you will find the highest number of commercial property for rent or for sale listings in the Castleton neighborhood. Searching by different property types, you’ll find that the Castleton neighborhood currently offers the highest number of office space opportunities. Meanwhile, you’ll find the highest number of local retail for rent or investment listings in the Chatham Arch and Mass Avenue neighborhood. Industrial opportunities on the local market are mostly concentrated in the Park 100 neighborhood.

Find Commercial Real Estate Near Me

Whether you are looking to rent or to buy, you can easily find the right commercial space in your preferred location, with PropertyShark. Our interactive map navigation modes include the possibility to bring up listings in the area of your current map view, as well as the option to draw a polygon to determine an exact search area, and a radius tool with which you can search for listings around a particular point of interest. Reach out to property representatives to schedule a tour or request more information, using the quick contact tool available with each listing search result.