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8007 S Meridian St
Indianapolis, IN 46227
Office Property For Sale
Investment Highlights
- C-1 zoning supports a range of professional and service-oriented uses.
- Positioned adjacent to Perry Meridian’s Middle and High Schools within a neighborhood setting.
- Strong visibility and easy access with traffic counts averaging more than 30,000 vehicles daily.
- Convenient location less than ten minutes from Community Hospital South.
- Ample parking available directly in front of the building for added tenant convenience.
Executive Summary
This single-story, garden-style office building at 8007 S Meridian Street in Indianapolis presents a well-located opportunity for owner-occupiers or investors. Built in 1973, the property offers approximately 3,135 square feet on a 0.29-acre lot, complemented by ample on-site parking and convenient access to major roadways. Zoned C-1, the asset accommodates a variety of professional and service uses.
The location benefits from a strong traffic count of over 30,000 vehicles daily and adjacency to Perry Meridian Middle and High Schools. Community Hospital South is less than a ten-minute drive, supporting potential medical or professional office users. Dense residential neighborhoods and established retail centers in the immediate vicinity provide excellent connectivity for local clientele. Offered at $550,000, this property is a compelling choice for businesses seeking efficient space or for investors targeting a stabilized, neighborhood-based asset in a thriving submarket.
The location benefits from a strong traffic count of over 30,000 vehicles daily and adjacency to Perry Meridian Middle and High Schools. Community Hospital South is less than a ten-minute drive, supporting potential medical or professional office users. Dense residential neighborhoods and established retail centers in the immediate vicinity provide excellent connectivity for local clientele. Offered at $550,000, this property is a compelling choice for businesses seeking efficient space or for investors targeting a stabilized, neighborhood-based asset in a thriving submarket.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,457 SF
Building Class
C
Year Built
1972
Price
$756,228 CAD
Price Per SF
$218.75 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,457 SF
Building FAR
0.28
Lot Size
0.29 AC
Zoning
C1
Parking
20 Spaces (5.79 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $440,537 CAD | |
| Land Assessment | $229,756 CAD | Total Assessment | $670,293 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$229,756 CAD
Improvements Assessment
$440,537 CAD
Total Assessment
$670,293 CAD
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