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615 Russell For Sale or Lease 615 Russell Ave 7,626 SF Office Building Indianapolis, IN 46225 $2,100,000 ($275.37/SF)
INVESTMENT HIGHLIGHTS
- Lucas Oil Stadium – Directly across the street
- Easy access to I-65, I-70, and public transit
- Walkable to downtown hotels & the Indiana Convention Center
- Surrounded by restaurants, bars, and event venues
EXECUTIVE SUMMARY
This well-maintained, standalone brick commercial building is now available for sale or lease. Located at 615 Russell Avenue, this property sits directly across from Lucas Oil Stadium, offering unmatched visibility and foot traffic in the heart of Indianapolis.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
7,626 SF
Building Class
B
Year Built/Renovated
1987/2022
Price
$2,100,000
Price Per SF
$275.37
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,626 SF
Building FAR
0.36
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
ZO01 - Commercial (Downtown District)
Parking
16 Spaces (2.1 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- 615 Russell LLC
- Construction
- -
- -
- -
- Brooks Koch & Sorg
- Professional, Scientific, and Technical Services
- -
- -
- -
- BW Development and BW Construction
- -
- -
- -
- -
- O'Day Farmbrook, Inc.
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| 615 Russell LLC | Construction | - | - | - | ||
| Brooks Koch & Sorg | Professional, Scientific, and Technical Services | - | - | - | ||
| BW Development and BW Construction | - | - | - | - | ||
| O'Day Farmbrook, Inc. | - | - | - | - |
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Walk Score®
Very Walkable (72)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 49-11-11-115-009.000-101 | Improvements Assessment | $243,600 |
| Land Assessment | $422,300 | Total Assessment | $665,900 |
PROPERTY TAXES
Parcel Number
49-11-11-115-009.000-101
Land Assessment
$422,300
Improvements Assessment
$243,600
Total Assessment
$665,900
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Contact the Sale Advisor
615 Russell For Sale or Lease | 615 Russell Ave
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