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Freestanding Two-Bay Retail Building
For Sale
$425,000
Pending

3220 Southeastern Avenue, Indianapolis, IN 46203

Commercial Sale, Indianapolis, IN

Property SizeContact for details
Lot Size0.55 Acres
Days on Market34

Property Features for 3220 Southeastern Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-5
Parking features Assigned
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Subdivision 4910 - Marion - Center
Standard status Pending
APN 491008144006000101
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Beg 383.3Ft E Of Wl & 276.1Ft S Of Nl 140Ft Wlx 209.3Ft El X 138.40Ft Nl Pt W1/2 Se1/4 S8 T15r4 Cont 0.55Ac
Tax Annual Amount 6596
Legal Description Beg 383.3Ft E Of Wl & 276.1Ft S Of Nl 140Ft Wlx 209.3Ft El X 138.40Ft Nl Pt W1/2 Se1/4 S8 T15r4 Cont 0.55Ac

Amenities

two curb cuts
ample paved parking
prominent signage

Building Details

Floors in Building 1
Roof type Built-Up
Listing Agency: Keller Williams Indy Metro NE · Keller Williams Realty
Listed By: Sharon Stamper Thompson · License ##RB14044406
Added: Aug 3 Changed: Sep 3 Last Checked: Sep 5 at 9:06PM
MLS# 22117774

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This freestanding retail property sits on 0.55 acres and is configured with two bays, a built-up roof, paved parking, and assigned parking features. Two curb cuts provide access to the site, while prominent signage supports identification along Southeastern Avenue. The property is zoned C-5 and is described for retail, office, automotive, gas or convenience, and service uses.

The site is near the Marion County Community Justice Campus in Indianapolis, placing the property within a Compact Context corridor. Its existing configuration and commercial zoning accommodate consideration by an owner-user or investor seeking a property with multiple stated use possibilities.

Key Highlights

  • 0.55‑acre commercial parcel along Southeastern Avenue
  • Two‑bay freestanding retail building
  • C‑5 zoning with stated retail, office, automotive, gas/convenience, and service use potential

Property Analytics

Current Use

Sandoval Auto Sales ... Car Dealership

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Big Box & Wholesale Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - The freestanding property includes C-5 zoning, paved parking, curb cuts, and signage along Southeastern Avenue.
Where is this retail space located?
The property is located at 3220 Southeastern Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 0.55‑acre commercial parcel along Southeastern Avenue; Two‑bay freestanding retail building; C‑5 zoning with stated retail, office, automotive, gas/convenience, and service use potential
More about this property
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