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225 E 10th St 7,128 SF Flex Building Indianapolis, IN 46202 $1,100,000 ($154.32/SF)
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.
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 | $1,100,000 | No. Stories | 1 |
| Price Per SF | $154.32 | Year Built | 1960 |
| Sale Type | Investment | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 2.1/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 0.20 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 7,128 SF | ||
| Zoning | C-4 | ||
| Price | $1,100,000 |
| Price Per SF | $154.32 |
| 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 | - | - | - | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 49-11-01-223-034.000-101 | Improvements Assessment | $96,100 |
| Land Assessment | $196,400 | Total Assessment | $292,500 |
Property Taxes
Parcel Number
49-11-01-223-034.000-101
Land Assessment
$196,400
Improvements Assessment
$96,100
Total Assessment
$292,500
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