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615 Russell For Sale or Lease 615 Russell Ave 7,626 SF Office Building Indianapolis, IN 46225 $2,929,920 CAD ($384.20 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Lucas Oil Stadium – Directly across the street
  • Easy access to I-65, I-70, and public transit
  • Walkable to downtown hotels & the Indiana Convention Center
  • Surrounded by restaurants, bars, and event venues

EXECUTIVE SUMMARY

This well-maintained, standalone brick commercial building is now available for sale or lease. Located at 615 Russell Avenue, this property sits directly across from Lucas Oil Stadium, offering unmatched visibility and foot traffic in the heart of Indianapolis.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,626 SF
Building Class
B
Year Built/Renovated
1987/2022
Price
$2,929,920 CAD
Price Per SF
$384.20 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,626 SF
Building FAR
0.36
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
ZO01 - Commercial (Downtown District)
Parking
16 Spaces (2.1 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • 615 Russell LLC
  • Construction
  • -
  • -
  • -
  • Brooks Koch & Sorg
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • BW Development and BW Construction
  • -
  • -
  • -
  • -
  • O'Day Farmbrook, Inc.
  • -
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
615 Russell LLC Construction - - -
Brooks Koch & Sorg Professional, Scientific, and Technical Services - - -
BW Development and BW Construction - - - -
O'Day Farmbrook, Inc. - - - -
Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (72)
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
49-11-11-115-009.000-101
Land Assessment
$591,929 CAD
Improvements Assessment
$341,449 CAD
Total Assessment
$933,379 CAD
  • Listing ID: 36168531

  • Date on Market: 2025-06-09

  • Last Updated:

  • Address: 615 Russell Ave, Indianapolis, IN 46225

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