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4006 N Keystone Ave
Indianapolis, IN 46205
4006 N Keystone Ave. · Office Property For Sale

Investment Highlights

  • Excellent visibility along N Keystone Ave
  • New flooring, HVAC, bathroom finishes, cabinetry, and parking lot
  • Ample parking

Executive Summary

Prime investment opportunity for a 100% leased medical office along N Keystone Ave. This building offers new renovations with the HVAC, Flooring, parking lot, bathrooms, and cabinets.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
6,720 SF
Building Class
C
Year Built/Renovated
1965/2024
Price
$640,000
Price Per SF
$95.24
Cap Rate
8.49%
NOI
$54,336
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,360 SF
Slab To Slab
9’
Building FAR
0.43
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
MU-1 - Mixed Use
Parking
20 Spaces (2.98 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 49-07-18-110-164.000-801
  • 49-07-18-110-162.000-801
  • 49-07-18-110-163.000-801
Land Assessment
$17,600
Improvements Assessment
$381,100
Total Assessment
$398,700
  • Listing ID: 41445071

  • Date on Market: 7/27/2026

  • Last Updated:

  • Address: 4006 N Keystone Ave, Indianapolis, IN 46205

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