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4602 E 10th St 1,600 SF 100% Leased Office Building Indianapolis, IN 46201 $313,920 CAD ($196.20 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Two-unit commercial building in the Near Eastside, offering strong flexibility for owner-occupancy or investment
  • Basement storage space not included in main square footage, offering additional functional area.
  • Recently renovated unit with modern updates including new furnace, electrical wiring, drywall, flooring and more.
  • Compact lot size and vintage building (built in 1928) with modernized interior blends character with potential value-add.

EXECUTIVE SUMMARY

Situated on a compact 0.06-acre lot in Indianapolis’ Near Eastside, this well-positioned commercial building offers approximately 2,411?sq?ft of space and is zoned C-4 for general commercial use. Constructed in 1928, the structure is divided into two roughly equal units — one fully renovated with modern updates including a new furnace, wiring, drywall, and flooring; the second unit is currently leased to a cooking-kitchen tenant under a short remaining lease term. A basement provides additional storage beyond the listed square footage. Priced at $225,000, this asset presents an ideal opportunity for either owner-occupancy or investment, with the flexibility to maintain income or reposition the space for higher use once the existing lease term expires.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
1,600 SF
Building Class
C
Year Built
1962
Price
$313,920 CAD
Price Per SF
$196.20 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,600 SF
Building FAR
0.58
Lot Size
0.06 AC
Zoning
ZO01
Walk Score®
Very Walkable (74)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-07-33-152-001.000-101
Land Assessment
$9,025 CAD
Improvements Assessment
$55,417 CAD
Total Assessment
$64,442 CAD
  • Listing ID: 38168957

  • Date on Market: 2025-10-22

  • Last Updated:

  • Address: 4602 E 10th St, Indianapolis, IN 46201

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