2000 E 116th St — Sale in Carmel, IN

  • Price: $2.5M
  • Listing type: For sale
  • Asset type: Office
  • Location: Carmel, IN 46032
  • Size: 26,662 SF
  • Year built: 1980

Photos

2000 E 116th St — Sale in Carmel, IN, photo 1 of 1

Investment Figures

Price per square foot
$94

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Unique professional office building located in heart of Carmel with Great accessibility and visibility from 116th St. Building is located on the north side of 116th St between Keystone Ave and Rangeline Rd.

Market Context

This office in Carmel, IN is listed for sale at $2,500,000 across 26,662 SF ($94/SF). The building dates to 1980. Compare it against other office listings for sale in Carmel, IN — view the full market.

As of Q2 2026, the Indianapolis office market showed a 20.0% vacancy rate, average asking rents near $22.12/SF/yr, and rents up 0.1% year over year. Source: multiple brokerage reports, Q2 2026.

Above-average vacancy gives buyers leverage and a wide set of comparables.

Office market FAQ

Is the Indianapolis office market tightening or softening?
Vacancy is around 20.0% (Q2 2026).

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