The Colony - Building 1

10291 N. Meridian St., Indianapolis, IN 46290

Property Information

  • For Sale $2,950,000
  • Property Type Office - General Office
  • Property Size 30,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988
  • Year Renovated 2024
  • Date Updated Jun 29, 2026

Description

Situated in the heart of Indianapolis' prestigious N. Meridian Corridor, the location offers exceptional connectivity & a vibrant professional environment. Just minutes from Carmel’s thriving business district & Keystone @ the Crossing, the area is surrounded by top-tier dining, retail, & hospitality options, including Ruth’s Chris Steak House, Ironworks Hotel, & The Fashion Mall. Convenient access to I-465 & U.S. 31 places downtown Indianapolis & the Indianapolis International Airport within easy reach. Nearby healthcare & corporate hubs, such as Ascension St. Vincent Hospital & major regional headquarters, enhance the appeal. This dynamic location combines accessibility with an upscale suburban atmosphere ideal for business.Step into a premier investment opportunity in the heart of the busy Indianapolis/Carmel corridor. The Colony features two office buildings, each totaling approx. 30,000 SF. Builing 1 is currently for sale, which 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 opportunity. In short: The Colony isn’t just an office property—it’s a long-term business opportunity with immediate appeal & future upside.

Highlights

  • Approx. 1,200 hotel rooms within a 1-mile radius
  • Easy access, unique park-like setting, & ample parking
  • Location, location, location - I-465 & US 31 Interchange
  • Multiple redevelopment opportunities - office, exec. suites, co-working space, retail on first floor, mixed-use, multi-family - the sky is the limit w/ opportunities
  • The Colony-Building 1 for sale; visible from main thoroughfares

Contacts

Location

Located at 10291 N. Meridian St., Indianapolis, IN 46290, this property is part of the Northridge neighborhood and Indianapolis market.

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