317-853-7501
640 N Capitol Ave, Indianapolis, IN for Sale
Warehouse - FOR SALE
1/8
null | Request Cap Rate

640 N Capitol Ave
Indianapolis, IN 46204
Circle City


HIGHLIGHTS

  • Asset Type: office, retail and industrial building
  • Building Size: ±55,000 SF including a 1st floor show room
  • Durable Historic Construction: sturdy, explosion proof, and architecturally unique offering a strong foundation for reuse.
  • Parking: ±10 surface spaces

OVERVIEW

640 N Capitol Ave is positioned along the Capitol Avenue corridor on the northwestern edge of downtown Indianapolis, just north of the central business district and minutes from the Indiana University Indianapolis campus, IU Health’s new downtown campus, and the city’s major sports and entertainment venues. The property offers immediate access to I-65 and I-70 via nearby Meridian Street and West Street interchanges, providing convenient regional connectivity throughout the Indianapolis metro. The location sits within walking distance of the Indianapolis Cultural Trail and numerous downtown restaurants and breweries. The surrounding area features a blend of historic industrial buildings, adaptive reuse projects, residential developments, and office users, creating a vibrant mixed-use environment with strong visibility and accessibility. The property also benefits from proximity to Mass Ave, the Wholesale District, and the growing Near North and Canal districts, making it well-positioned for office, showroom, creative, or service-oriented users seeking a downtown Indianapolis presence with convenient access and nearby amenities.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1904

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.67

LAND SF

29,185

ZONING

CBD-2

APN/PARCEL ID

49-11-02-100-003.000-101

ASK ABOUT THIS PROPERTY

Ralph BalberALO Property GroupMore Info
317-853-7501

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Ralph BalberALO Property GroupMore Info
317-853-7501

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