Share This Listing

Message

928 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Rare Trophy Investment Opportunity 211 W Main St 34,650 SF 100% Leased 4-Star Office Building Carmel, IN 46032 $17,449,000 CAD ($503.58 CAD/SF) 7.78% Cap Rate

Office Spaces Indiana Carmel 211 W Main St, Carmel, IN 46032

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Boutique Class A Office & Retail building in the heart of downtown Carmel Arts & Design District

EXECUTIVE SUMMARY

Cushman & Wakefield is pleased to exclusively offer for sale Monon & Main, a dynamic, long-term generational investment opportunity in the heart of the Carmel Arts & Design District of downtown Carmel, Indiana – the fastest growing city in the state and repeatedly voted the #1 Best Place to Live in Indiana. Situated at the iconic intersection of Main Street and Monon Boulevard, this contemporary mixed-use building has average rents $5/SF below market, providing significant upside potential with an irreplaceable location in a very tight owner’s market. This prestigious and well-known asset is 100% leased and stabilized with a 4.5 year WALT.
• Stabilized Investment Opportunity
• #1 Best Small City in America
• Extremely Healthy Market Fundamentals
Price update reflects all cash transaction!

ATTACHMENTS

Monon & Main Brochure_Aug2025
Confidentiality Agreement_Principal_FORM

DATA ROOM Click Here to Access

  • Market Information
  • Operating and Financials
  • Garage PILOT Agreements
  • Service Contracts
  • Title and Insurance
  • Building Plans
  • Leases
  • Offering Memorandum

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
34,650 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Price
$17,449,000 CAD
Price Per SF
$503.58 CAD
Cap Rate
7.78%
NOI
$1,357,228 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,663 SF
Building FAR
2.95
Lot Size
0.27 AC
Zoning
C - Commercial
Parking
200 Spaces (5.77 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Restaurant
  • Security System
  • Signage
  • Outdoor Seating
  • Air Conditioning
1 1
Walk Score®
Walker's Paradise (91)
Bike Score®
Very Bikeable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 29-09-25-161-004.001-018 Improvements Assessment $7,307,816 CAD
Land Assessment $455,009 CAD Total Assessment $7,762,826 CAD

PROPERTY TAXES

Parcel Number
29-09-25-161-004.001-018
Land Assessment
$455,009 CAD
Improvements Assessment
$7,307,816 CAD
Total Assessment
$7,762,826 CAD
(317) 726-7305

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 29771918

  • Date on Market: 2023-10-12

  • Last Updated:

  • Address: 211 W Main St, Carmel, IN 46032

The Downtown Carmel Office Property at 211 W Main St, Carmel, IN 46032 is currently available. Contact Cushman & Wakefield for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW STREET
MAP
211 W Main St, Carmel, IN for sale Primary Photo- Image 1 of 6
Primary Photo
211 W Main St, Carmel, IN for sale Other- Image 2 of 6
Other
211 W Main St, Carmel, IN for sale Other- Image 3 of 6
Other
211 W Main St, Carmel, IN for sale Building Photo- Image 4 of 6
Building Photo
211 W Main St, Carmel, IN for sale Building Photo- Image 5 of 6
Building Photo
1 of 1

Connect with us

© 2025 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

Rare Trophy Investment Opportunity | 211 W Main St
(317) 726-7305 x

Rare Trophy Investment Opportunity | 211 W Main St

Rebecca Wells
(317) 726-7305

David Moore
(317) 690-0617

Brooke Ratliff
(317) 625-1559

Already a member? Log In

First Name*

Last Name*

Email*

Email address is required

Phone*

Ext (optional)

Company (optional)

Message*

Message is required

{{getContactFormMessageFieldCharacterCount()}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Notice.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}
You can provide feedback any time using the Help button at the top of the page.