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The Colony 10291 N Meridian St 30,000 SF 35% Leased Office Building Carmel, IN 46290 $4,536,740 CAD ($151.22 CAD/SF)



INVESTMENT HIGHLIGHTS
- Location, location, location - I-465 & US 31 Interchange
- Easy access, unique park-like setting, & ample parking
- Unmatched at only $110/sf
- The Colony building for sale; visible from main thoroughfares
- Multiple redevelopment opportunities - office, exec. suites, coworking space, retail on first floor, mixed-use, multi-family
- 1,054 hotel rooms within a 1 mile radius
EXECUTIVE SUMMARY
Step into a premier investment opportunity in the heart of the busy Indianapolis/Carmel corridor. This office building, totaling approx. 30,000 SF, combines modern amenities, timeless curb appeal, & a very strategic location surrounded by thriving businesses & easy access routes. This property has undergone over $1 million in improvements, creating a refreshed asset for the next owner.
Recent upgrades include, but are not limited to:
- A brand-new cooling tower to support operational efficiency
- Resurfaced asphalt parking lot for a polished first impression & durability
- Remodeled elevators & entrances designed to elevate the tenant & customer experience
- Gorgeous park-like setting, w/ updated landscaping
With flexible & efficient floor plans, The Colony can support a wide variety of tenants, making it an attractive rental & investment opportunity. In short: The Colony isn’t just an office property —it’s a long-term business opportunity with immediate appeal & future upside.
Recent upgrades include, but are not limited to:
- A brand-new cooling tower to support operational efficiency
- Resurfaced asphalt parking lot for a polished first impression & durability
- Remodeled elevators & entrances designed to elevate the tenant & customer experience
- Gorgeous park-like setting, w/ updated landscaping
With flexible & efficient floor plans, The Colony can support a wide variety of tenants, making it an attractive rental & investment opportunity. In short: The Colony isn’t just an office property —it’s a long-term business opportunity with immediate appeal & future upside.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
30,000 SF
Building Class
B
Year Built
1988
Price
$4,536,740 CAD
Price Per SF
$151.22 CAD
Percent Leased
35%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,000 SF
Slab To Slab
10’
Building FAR
0.15
Lot Size
4.48 AC
Zoning
C-1 - Commercial
Parking
247 Spaces (8.23 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Signage
- Wheelchair Accessible
- Reception
- Storage Space
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Gibraltar Remembrance Services, LLC
- Professional, Scientific, and Technical Services
- -
- -
-
Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Gibraltar Remembrance Services, LLC | Professional, Scientific, and Technical Services | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 113
- 1,712 SF
- Retail
- Full Build-Out
- Now
- 2nd Fl-Ste 252
- 2,361 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 113 | 1,712 SF | Retail | Full Build-Out | Now |
| 1st Fl-Ste 152 | 2,224 SF | Retail | Full Build-Out | Now |
| 2nd Fl-Ste 226 | 3,024 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 252 | 2,361 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 326 | 5,200 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 352 | 4,979 SF | Office | Full Build-Out | Now |
1st Fl-Ste 113
| Size |
| 1,712 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 152
| Size |
| 2,224 SF |
| Space Use |
| Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 226
| Size |
| 3,024 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 252
| Size |
| 2,361 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 326
| Size |
| 5,200 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 352
| Size |
| 4,979 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Fl-Ste 152
| Size | 2,224 SF |
| Space Use | Retail |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 226
| Size | 3,024 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Fl-Ste 326
| Size | 5,200 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
3rd Fl-Ste 352
| Size | 4,979 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 29-13-11-000-014.001-018 | Improvements Assessment | $782,978 CAD |
| Land Assessment | $963,795 CAD | Total Assessment | $1,746,774 CAD |
PROPERTY TAXES
Parcel Number
29-13-11-000-014.001-018
Land Assessment
$963,795 CAD
Improvements Assessment
$782,978 CAD
Total Assessment
$1,746,774 CAD
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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The Colony | 10291 N Meridian St
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