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Meridian Place 3045 S Meridian St 6,860 SF Office Building Indianapolis, IN 46217 $980,000 ($142.86/SF)
INVESTMENT HIGHLIGHTS
- Prime Visibility & Signage
- Convenient Location
- Turnkey Condition
- Flexible Use
- Private Entrances
- Major 2024 Capital Improvements
EXECUTIVE SUMMARY
For Sale: $980,000
3045 S Meridian Street is a 6,860 SF professional office building on 1.15 acres with prime visibility along South Meridian Street. The property includes two suites: a fully renovated 4,800 SF main suite (2024) with modern finishes, a full kitchen, and upgraded infrastructure, plus a 1,560 SF secondary suite that is move-in ready. Significant 2024 capital improvements include four brand-new HVAC units, upgraded electrical, plumbing, and IT systems, and a new gutter system. With 35 dedicated parking spaces, flexible layouts, and private entrances for each suite, the property is well-suited for an owner/occupant, medical or professional office use, or as an investment with income potential. Convenient access to I-465, I-65, and Downtown Indianapolis makes this a highly accessible and visible location surrounded by retail, dining, and services.
3045 S Meridian Street is a 6,860 SF professional office building on 1.15 acres with prime visibility along South Meridian Street. The property includes two suites: a fully renovated 4,800 SF main suite (2024) with modern finishes, a full kitchen, and upgraded infrastructure, plus a 1,560 SF secondary suite that is move-in ready. Significant 2024 capital improvements include four brand-new HVAC units, upgraded electrical, plumbing, and IT systems, and a new gutter system. With 35 dedicated parking spaces, flexible layouts, and private entrances for each suite, the property is well-suited for an owner/occupant, medical or professional office use, or as an investment with income potential. Convenient access to I-465, I-65, and Downtown Indianapolis makes this a highly accessible and visible location surrounded by retail, dining, and services.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Building Size
6,860 SF
Building Class
B
Year Built/Renovated
1974/2024
Price
$980,000
Price Per SF
$142.86
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,860 SF
Building FAR
0.14
Lot Size
1.15 AC
Opportunity Zone
Yes
Zoning
C4 - Commercial Office / Retail
Parking
35 Spaces (5.1 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 49-11-25-110-041.000-500 | Improvements Assessment | $193,200 (2024) |
| Land Assessment | $92,400 (2024) | Total Assessment | $285,600 (2024) |
PROPERTY TAXES
Parcel Number
49-11-25-110-041.000-500
Land Assessment
$92,400 (2024)
Improvements Assessment
$193,200 (2024)
Total Assessment
$285,600 (2024)
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