47 Meridian StIndianapolis, IN 46204

Property Details for 47 Meridian St

Year built

1910

Construction

WOOD

Lot size

0.30 AC

Property size (Sq ft)

58,971 SF

Zone code

ZO01

Property type

Office properties

APN

49-11-12-237-049.000-101

APU

491112237049000101

Description

This exceptional office space in Indianapolis, Indiana, offers a diverse range of flexible work solutions within a vibrant, centrally located building at 47 S Meridian St, zip code 46204, in Marion County. The property caters to various business needs, providing traditional office suites, executive offices, coworking spaces, medical offices, and creative office environments. Tenancy is multiple, allowing for a variety of lease options to suit different company sizes and structures. Businesses can choose from fully furnished and equipped private offices, scalable from single-person setups to large corporate spaces, tailored to specific requirements. These offices include a benefits program with exclusive discounts and procurement support. Additionally, the location offers coworking options, ranging from dedicated desks to hot-desking arrangements, fostering collaboration and community. A comprehensive suite of meeting rooms is available for various needs, from informal chats to large-scale conferences. For businesses seeking a prestigious address and administrative support, virtual office options are also provided, including mail handling and virtual assistant services. Flexible working plans offer access to a global network of workspaces, providing ultimate flexibility and convenience. Whether your needs are for a small office or a large corporate space, this property offers a solution. Inquire today to explore the possibilities and find the perfect workspace to meet your business objectives.

• CAP approach

  CAP return

  Valuation

  6%

  $7,991,330

  6.5%

  $7,376,612

  7%

  $6,849,711

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,008,635

  Geo Method

  $6,008,635

• Alternative Use

  Use

  Valuation

  Residential Income

  $9,146,998

  Hospitality / Lodging

  $8,378,602

  Institutional / Educational

  $6,970,898

  Healthcare / Senior Housing

  $7,210,638

  Retail / Commercial

  $10,843,619

Location Insight

City

Indianapolis

County

Marion

State

Indiana

Latitude

39.7658

Longitude

-86.1576

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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Please email our support team at [email protected] and they will add the team member.

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How can I contact the broker?

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