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Investment Highlights

  • Freestanding Masonry Industrial Flex
  • Vacant Delivery with Immediate Occupancy
  • 7,300 RSF of single-story masonry construction
  • Well-suited for light industrial, flex, contractor, or service-oriented owner-users.
  • Dense Infill Location with Downtown Proximity
  • 4 Drive-In doors

Executive Summary

225 E. 10th St. presents a rare opportunity to acquire a freestanding, single-story masonry industrial flex building totaling 7,300 rentable square feet on an 8,925 SF infill lot. The building features four (4) drive-in doors and Phase III power, making it well-suited for a wide range of light industrial, flex, contractor, or service-oriented owner-users seeking functional, move-in ready space at an attractive basis.
Delivering vacant with immediate occupancy, the property offers an owner-user the ability to close and take possession without lease encumbrances or holdover risk. The potential multi-tenant configuration further enhances the investment profile, providing the flexibility to lease surplus space to a co-tenant and offset debt service during the hold period. Located in the dense St. Joseph neighborhood of Marion County, the asset sits within minutes of downtown Indianapolis, Monument Circle, and the Mass Ave Arts District — offering the connectivity and urban infill access that owner-users in the trades, logistics, and service sectors demand.

Property Facts

Price $1,507,000 CAD
Price Per SF $211.42 CAD
Sale Type Investment
Property Type Flex
Building Class B
Lot Size 0.20 AC
Rentable Building Area 7,128 SF
No. Stories 1
Year Built 1960
Tenancy Single
Parking Ratio 2.1/1,000 SF
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning C-4

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • 218 Holdings LLC
  • Management of Companies and Enterprises
  • -
  • -
  • -
  • High End Concepts, Inc.
  • Manufacturing
  • -
  • -
  • -
  • Mitchell Edward Kessler
  • -
  • -
  • -
  • -
  • William Kessler
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
218 Holdings LLC Management of Companies and Enterprises - - -
High End Concepts, Inc. Manufacturing - - -
Mitchell Edward Kessler - - - -
William Kessler - - - -
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
49-11-01-223-034.000-101
Land Assessment
$269,068 CAD
Improvements Assessment
$131,657 CAD
Total Assessment
$400,725 CAD
  • Listing ID: 40194358

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 225 E 10th St, Indianapolis, IN 46202

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