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7222 N Shadeland Ave
Indianapolis, IN 46250
Castle Point III · Office Property For Sale

Investment Highlights

  • Owner-occupant opportunity with built-in income stream
  • Visibility along I-465
  • Stable tenant mix
  • Flexible suite configurations
  • Easy access to major roads and highways
  • Ideal for professional services, engineering, medical and wellness users

Executive Summary

Castle Point III presents a rare opportunity for an owner-user or investor to aquire a multi-tenant office asset with built-in cash flow and future expansion flexibility.
Located along the highly visible Shadeland Avenue corridor, the property offers immediate occupancy, stable tenancy, and flexible suite configurations that are increasingly difficult to find in today’s suburban office market.
Well suited for:
Professional services firms
Medical and wellness users
Engineering or architectual groups
Family office or boutique headquarters users

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,000 SF
Building Class
C
Year Built/Renovated
1974/2003
Price
$2,085,405 CAD
Price Per SF
$160.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,500 SF
Building FAR
0.29
Lot Size
1.02 AC
Zoning
C1
Parking
40 Spaces (5 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Number
49-02-26-112-017.000-400
Land Assessment
$432,791 CAD
Improvements Assessment
$622,007 CAD
Total Assessment
$1,054,798 CAD
  • Listing ID: 40675880

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 7222 N Shadeland Ave, Indianapolis, IN 46250

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