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Flex Property (office/warehouse) For Sale 2601 E 56th St 15,584 SF Flex Building Indianapolis, IN 46220 $2,300,000 ($147.59/SF)

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Investment Highlights

  • Secure, access-controlled property with cameras, alarm system, and key-card entry access
  • 15,584 SF ± industrial-flex facility on a 1.01-acre parcel
  • Efficient access to key corridors, including Keystone Ave., Allisonville Rd., and Binford Blvd.
  • Central Washington Township location with convenient quick access to Keystone Ave., Allisonville Rd., and Binford Blvd.
  • Two modern warehouse (& office) buildings featuring 17’ clear heights and six (6) drive-in doors (12' x 14')
  • Close to many commercial bussinesses, amenities and daily services, and access to the Nickel Plate Trail within Malott Business Park.

Executive Summary

Midtown Indianapolis flex property conveniently located on 56th Street, two blocks east of Keystone Avenue, on the northern border of Malott Business Park, the light industrial and office park spanning from 56th to 52nd Street, that offers direct access to the newly opened Indianapolis Nickel Plate Trail with scenic views of Maxinhall Lake.
First time on the market property available for sale (or lease). Flex-use (office & warehouse), light industrial zoning, one-acre property, with two buildings that total 15,584 square feet of highly functional operational space with direct access to and from 56th Street from both the east and west sides of the property.
The front building is a configuration of standard offices attached to a flex warehouse with a mezzanine of finished office for a total of ten (10) private offices, a finished loft workspace, 2-kitchenettes, a break room, multiple restrooms, a large conference room, and clean storage basement.
The 4,400 sq. ft. warehouse (built 1996), features a mezzanine of office space, two workshops, and separated storage area (interior wood framed partitions, easily removed if needed), a washer/dryer connection, and two opposing 14' drive-in doors aligned on each side of the building exterior walls.
The 8,712 sq. ft. freestanding warehouse (built in 2017) to the east of the main building, continuing the alignment of drive-in doors allowing maneuverability through both warehouses, accessible to 56th Street from the east or west sides of the property.
Both warehouses are metal insulated buildings with metal roofs, 17-foot clear heights, heated, LED lighting, multiple 100 and 200-amp (single-phase) electrical panels, and a total of six (6) overhead drive-in doors, each 12 feet wide and 14 feet tall.
Excellent owner-occupant opportunity. Ideal for a multi-divisional company requiring both professional and warehouse space. Centrally located in Washington Township, Fall Creek Parkway submarket, offering unbeatable access to local amenities and transportation routes, Keystone Ave. to the east and Allisonville Rd / Binford Ave to the west, Glendale to the north, and the Fairgrounds (Fall Creek Parkway/38th St.) to the south.

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,300,000
Price Per SF $147.59
Sale Type Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Light Manufacturing
  • General Retail Garden Center
  • Showroom
Building Class B
Lot Size 1.01 AC
Rentable Building Area 15,584 SF
No. Stories 1
Year Built/Renovated 1925/2017
Tenancy Single
Parking Ratio 1.35/1,000 SF
Clear Ceiling Height 17’
No. Drive In / Grade-Level Doors 6
Zoning I-2-U (Industrial -Light) - & I-1 (east half of property)

Amenities

  • 24 Hour Access
  • Controlled Access
  • Courtyard
  • Fenced Lot
  • Front Loading
  • Mezzanine
  • Security System
  • Signage
  • Wheelchair Accessible
  • Reception
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector
  • Breakroom

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Property Taxes

Property Taxes

Parcel Number
49-07-08-125-041.000-801
Land Assessment
$93,900 (2024)
Improvements Assessment
$601,900 (2024)
Total Assessment
$695,800 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 38898966

  • Date on Market: 12/24/2025

  • Last Updated:

  • Address: 2601 E 56th St, Indianapolis, IN 46220

Contact the Sale Advisor

Flex Property (office/warehouse) For Sale | 2601 E 56th St

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