10291 N Meridian St - Office FOR SALE


Carmel, IN 46290
$3,250,000 USD
317-714-7171
10291 N Meridian St, Carmel, IN for Sale
$3,250,000 USD
Office - FOR SALE
1/11
null | Request Cap Rate

10291 N Meridian St
Carmel, IN 46290


HIGHLIGHTS

  • Location, location, location - I-465 & US 31 Interchange
  • The Colony building for sale; visible from main thoroughfares
  • Easy access, unique park-like setting, & ample parking
  • Multiple redevelopment opportunities - office, exec. suites, coworking space, retail on first floor, mixed-use, multi-family
  • Unmatched at only $110/sf
  • 1,054 hotel rooms within a 1 mile radius

OVERVIEW

Step into a premier investment opportunity in the heart of the busy Indianapolis/Carmel corridor. This office building, totaling approx. 30,000 SF, combines modern amenities, timeless curb appeal, & a very strategic location surrounded by thriving businesses & easy access routes. This property has undergone over $1 million in improvements, creating a refreshed asset for the next owner. Recent upgrades include, but are not limited to:         - A brand-new cooling tower to support operational efficiency         - Resurfaced asphalt parking lot for a polished first impression & durability       - Remodeled elevators & entrances designed to elevate the tenant & customer experience     - Gorgeous park-like setting, w/ updated landscaping With flexible & efficient floor plans, The Colony can support a wide variety of tenants, making it an attractive rental & investment opportunity. In short: The Colony isn’t just an office property —it’s a long-term business opportunity with immediate appeal & future upside.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$108 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Colony

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

247

LAND DETAILS

LAND ACRES

4.48 AC

LAND SF

195,149 SF

ZONING

C-1

APN/PARCEL ID

29-13-11-000-014.001-018

ASK ABOUT THIS PROPERTY

Thomas FergusonPremier Commercial Real EstateMore Info
317-714-7171

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Thomas FergusonPremier Commercial Real EstateMore Info
317-714-7171

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.