8809 S Meridian — Sale in Indianapolis, IN

  • Price: $200K
  • Listing type: For sale
  • Asset type: Office
  • Location: Indianapolis, IN 46217
  • Size: 3,100 SF

Photos

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Investment Figures

Price per square foot
$65

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

Utilize the existing house as office space or take it down and redevelop the site to meet your business’ needs. Located on the north end of SR-135’s main retail corridor, this property is prime for commercial use. Curb cuts on South Meridian Street, which promotes excellent ingress and egress opportunities. Nestled in between a residential and commercial area puts rooftops right at your back door. This location boasts excellent visibility with above average daily traffic counts and is perfect for a business who wants to be close to amenities and potential customers. This property is split into two separate parcels, zoned commercial with a 3100 SF residential structure on it. Building SF: 3100 | Land Size: 0.94 Ac | Listing Type: FOR SALE

Market Context

This office in Indianapolis, IN is listed for sale at $200,000 across 3,100 SF ($65/SF). Compare it against other office listings for sale in Indianapolis, 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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