Commercial Real Estate & Businesses in Indianapolis, IN
Find 516 commercial real estate and business listings for sale and lease in Indianapolis, Indiana. Browse office, retail, industrial and investment properties.
516 listings available
Market Brief
CREhunt currently has 516 commercial listings for sale in Indianapolis, IN. Asking prices run typically around $600K, with most between $200K and $3.5M across 55 publicly priced listings. The typical space is about 22,936 SF.
Indianapolis, IN Market Report · Q2 2026
4 of 4 sectors reporting
Vacancy is reported for 3 of 4 sectors: office at 20%, industrial at 5.95%, retail at 4.9%.
Asking rents: office at $22.12/SF/yr, industrial at $6.37/SF/yr, retail at $17.29/SF/yr.
Asking rents: multifamily at $1,342/unit/mo.
Supply and absorption
Industrial in Indianapolis: Cushman & Wakefield reported net absorption of 7.8M SF in Q2 2026; CBRE reported 3.1M SF under construction and 668K SF delivered in Q1 2026.
Office in Indianapolis: Cushman & Wakefield reported 97K SF under construction, 20K SF delivered and net absorption of 29K SF in Q2 2026.
Retail in Indianapolis: Cushman & Wakefield reported 63K SF under construction and net absorption of -40K SF in Q2 2026.
Submarkets
Within Indianapolis's industrial market, Cushman & Wakefield reported submarket vacancy in Q2 2026: East at 10%; North at 2%; Northwest at 3.6%.
Within Indianapolis's multifamily market, Marcus & Millichap reported submarket vacancy in Q4 2025: Greenwood-Johnson County at 3.9%.
Within Indianapolis's office market, Cushman & Wakefield reported submarket vacancy in Q2 2026: West at 19.6% against 22% previously.
Within Indianapolis's retail market, Cushman & Wakefield reported submarket vacancy in Q2 2026: Downtown Indianapolis at 3.1%; Irvington at 11.6%; Plainfield at 6.4%.
Coverage and sources
Figures are drawn from quarterly market reports published by Avison Young, CBRE, Colliers and Cresa.
| Sector | Vacancy | Asking rent | YoY rent | Cap rate | Period |
|---|---|---|---|---|---|
| Office | 20% | $22.12/SF/yr | +0.05% | Not reported | Q2 2026 |
| Industrial | 5.95% | $6.37/SF/yr | +1.6% | Not reported | Q2 2026 |
| Retail | 4.9% | $17.29/SF/yr | Not reported | Not reported | Q2 2026 |
| Multifamily | Not reported | $1,342/unit/mo | Not reported | Not reported | Q4 2025 |
Market figures are drawn from published brokerage quarterlies covering the Indianapolis metro (Cushman & Wakefield and multiple brokerages). Figures are reproduced as reported and are never converted between $/SF and $/unit.
- Take 5 | ±9-Yr Abs NNN | ±28-Unit Franchisee | 36K+ VPD | Indianapolis, IN Business · Indianapolis, IN
- Graham Avenue Industrial Industrial Property · Indianapolis, IN
- Indesign Office · Indianapolis, IN
- Building 130 Industrial Property · Indianapolis, IN
- Salesforce Tower Building Office · Indianapolis, IN
- Retail in Indianapolis, IN Business · Indianapolis, IN
- The Hub at Pennsy Trail Business · Indianapolis, IN
- Wicker Road Commercial Land · Indianapolis, IN
- Land at Allison Pointe Commercial Land · Indianapolis, IN
- 937-939 S Illinois Street Business · Indianapolis, IN
- 606-614 S Meridian St Commercial Land · Indianapolis, IN
- 3830 W 96th St Office · Indianapolis, IN
- Two Meridian Plaza Office · Indianapolis, IN
- Three Meridian Plaza Office · Indianapolis, IN
- The Logan Bldg Business · Indianapolis, IN
- Pyramid I Office · Indianapolis, IN
- Park 100 Building 171 Business · Indianapolis, IN
- Park 100 Building 118 Office · Indianapolis, IN
- Park 100 Building 110 Office · Indianapolis, IN
- PNC Center Office · Indianapolis, IN
- OneAmerica Tower Office · Indianapolis, IN
- One Meridian Plaza Office · Indianapolis, IN
- Northeast Five Business · Indianapolis, IN
- Northeast Business Center Building I Business · Indianapolis, IN
- North Meridian Professional Center Office · Indianapolis, IN
- Meridian Park One Office · Indianapolis, IN
- Meridian Park Five Office · Indianapolis, IN
- Market Tower Office · Indianapolis, IN
- Keystone Office Park 3003 Office · Indianapolis, IN
- Crosspoint Corner 5 Office · Indianapolis, IN
- Corporate Center North - Building 4 Business · Indianapolis, IN
- Castle Creek II Office · Indianapolis, IN
- Castle Creek I Office · Indianapolis, IN
- 9292 N Meridian St Office · Indianapolis, IN
- 501 N Capitol Ave Retail Business · Indianapolis, IN
- 26 East 14th Street Retail Business · Indianapolis, IN
- 1399 Shadeland Avenue Retail Business · Indianapolis, IN
- 101 W Ohio St Office · Indianapolis, IN
- 6610 N Shadeland Office · Indianapolis, IN · $3.5M · 22,944 SF
- Aerie Apartments Multifamily Property · Indianapolis, IN
- 555 Fairfield Ave Retail Business · Indianapolis, IN
- Ameriplex 32 Industrial Property · Indianapolis, IN
- E-Commerce Custom Embroidered & Printed Apparel Company Business · Indianapolis, IN · $2.2M
- 9106 N Meridian St Office · Indianapolis, IN
- 5454 Decatur Blvd Business · Indianapolis, IN
- Office in Indianapolis, IN Business · Indianapolis, IN · $1.7M
- 510 S Post Road Indianapolis, IN 46239 Business · Indianapolis, IN · $746K
- Land in Indianapolis, IN Commercial Land · Indianapolis, IN · $300K
- Northwest Business Park - Suite 200 Office · Indianapolis, IN
- 471 S Ritter Ave Business · Indianapolis, IN
Frequently asked questions
How many commercial listings are available in Indianapolis, IN?
CREhunt currently tracks 516 commercial real estate and business listings in Indianapolis, IN. Asking prices are typically around $600,000.
What is the fastest way to find relevant listings in Indianapolis, IN?
With 516 active listings, Indianapolis, IN is deep enough that an unfiltered scan buries the relevant comparables — filter by asset type and budget first, then rank what survives on space and condition.
Should I browse Indianapolis, IN by property type or review everything?
Lead with property type. Location is already fixed at this level, and in a market the size of Indianapolis, IN asset type is what narrows 516 listings to a workable shortlist.
What should I check before contacting a broker in Indianapolis, IN?
Compare each listing against the Indianapolis, IN typical asking price of $600,000, confirm available space and asset type, and note anything that explains a gap either way before you contact the broker.
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