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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
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.
Property Facts
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Main Suite Overview: -Square Footage: The suite offers 4,840 SF of space. -Availability: The suite offers immediate move-in. -Renovation Status: The space was completely refreshed in 2024 with modern finishes and an updated floor plan. Layout & Configuration -Entry: The suite features a reception area complete with a vestibule. -Private Offices: The floor plan includes 9 dedicated private offices. -Support Workspaces: There are 3 designated assistant stations. -Meeting & Resource Rooms: The layout includes a conference room and a library. -Utility & Storage: The suite is equipped with a supply room and a utility room. -Restrooms: The space features multiple restrooms, including designated Unisex, Men's, and Women's facilities. Amenities & Infrastructure -Kitchen & Break Area: There is a full kitchen installed for staff and client use , as well as a breakroom and a sitting area. -Lighting: The space benefits from ample natural light. -Technology: The suite includes structured cabling and IT upgrades to support high-speed operations. -Building Systems: The electrical and plumbing infrastructure has been upgraded to meet modern business demands. -Climate Control: The suite is serviced by 4 brand-new HVAC units that were installed in 2024. -Utilities: The offices are separately metered.
Secondary Suite Overview -Square Footage: The suite offers 1,560 SF of space. -Availability: The space is move-in ready and offers immediate occupancy. -Flexibility: It is positioned perfectly for an additional tenant or as an expansion space. Layout & Configuration -Entry: The suite features its own dedicated reception area. -Private Offices: The floor plan includes 2 designated private offices. -Open Workspaces: There are 2 distinct open office areas. -Meeting Rooms: The layout includes a dedicated conference room. -Utility & Storage: The suite is equipped with a supply room. -Restrooms: The space includes designated Men's and Women's restroom facilities. Amenities & Infrastructure -Lighting: The space benefits from ample natural light. -Branding & Access: The suite features a private entrance and opportunities for signage. -Utilities: The office is separately metered for tenant convenience.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste Main | 4,840 SF | Office | Full Build-Out | Jun 2026 |
| 1st Fl-Ste Secondary | 1,560 SF | Office | Full Build-Out | Jun 2026 |
1st Fl-Ste Main
| Size |
| 4,840 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Jun 2026 |
1st Fl-Ste Secondary
| Size |
| 1,560 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Jun 2026 |
1st Fl-Ste Main
| Size | 4,840 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Jun 2026 |
Main Suite Overview: -Square Footage: The suite offers 4,840 SF of space. -Availability: The suite offers immediate move-in. -Renovation Status: The space was completely refreshed in 2024 with modern finishes and an updated floor plan. Layout & Configuration -Entry: The suite features a reception area complete with a vestibule. -Private Offices: The floor plan includes 9 dedicated private offices. -Support Workspaces: There are 3 designated assistant stations. -Meeting & Resource Rooms: The layout includes a conference room and a library. -Utility & Storage: The suite is equipped with a supply room and a utility room. -Restrooms: The space features multiple restrooms, including designated Unisex, Men's, and Women's facilities. Amenities & Infrastructure -Kitchen & Break Area: There is a full kitchen installed for staff and client use , as well as a breakroom and a sitting area. -Lighting: The space benefits from ample natural light. -Technology: The suite includes structured cabling and IT upgrades to support high-speed operations. -Building Systems: The electrical and plumbing infrastructure has been upgraded to meet modern business demands. -Climate Control: The suite is serviced by 4 brand-new HVAC units that were installed in 2024. -Utilities: The offices are separately metered.
1st Fl-Ste Secondary
| Size | 1,560 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Jun 2026 |
Secondary Suite Overview -Square Footage: The suite offers 1,560 SF of space. -Availability: The space is move-in ready and offers immediate occupancy. -Flexibility: It is positioned perfectly for an additional tenant or as an expansion space. Layout & Configuration -Entry: The suite features its own dedicated reception area. -Private Offices: The floor plan includes 2 designated private offices. -Open Workspaces: There are 2 distinct open office areas. -Meeting Rooms: The layout includes a dedicated conference room. -Utility & Storage: The suite is equipped with a supply room. -Restrooms: The space includes designated Men's and Women's restroom facilities. Amenities & Infrastructure -Lighting: The space benefits from ample natural light. -Branding & Access: The suite features a private entrance and opportunities for signage. -Utilities: The office is separately metered for tenant convenience.
Property Taxes
| Parcel Number | 49-11-25-110-041.000-500 | Improvements Assessment | $693,400 |
| Land Assessment | $92,400 | Total Assessment | $785,800 |
Property Taxes
