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Executive Summary

Great investment opportunity! Office and warehouse space for your business and 2 additional office/retail spaces for potential rental income. L- shaped building - 1 building with 4 addresses.
438 / 440 N Bancroft St Indianapolis IN 46201:
3500 Sq Ft Warehouse/shop area with 11X11 overhead door and large parking area
1260 Sq Ft finished office space
5019 E Michigan St, Indianapolis IN 46201:
620 Sq Ft finished office space
5021 E Michigan Street, Indianapolis IN 46201:
710 Sq Ft semi-finished office and/or warehouse space

Attachments

Bldg layout

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

Sale Type Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • General Retail Storefront Retail/Office
  • Industrial Warehouse
  • Office Office Residential
Building Class C
Lot Size 0.18 AC
Rentable Building Area 6,200 SF
No. Stories 1
Year Built 1910
Tenancy Single
Parking Ratio 0.81/1,000 SF
Clear Ceiling Height 14’
No. Drive In / Grade-Level Doors 1
Zoning C-3 - Non-Residential

Amenities

  • Security System
  • Skylights
  • Smoke Detector

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
49-10-04-144-145.000-101
Land Assessment
$18,900
Improvements Assessment
$70,200
Total Assessment
$89,100
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 41597260

  • Date on Market: 8/7/2026

  • Last Updated:

  • Address: 438 N Bancroft St, Indianapolis, IN 46201

Contact the Sale Advisor

438 N Bancroft St

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