5111 E 21st Street Indianapolis, IN 46218
New
- Added:
- Apr 17, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 17 at 3:06 pm
Property Features for 5111 E 21st Street
General Information
- Property type
- Commercial Lease
- Property subtype
- Retail
- Zoning
- Commercial
- Standard status
- Active
- APN
- 490734117012000701
- Size
- 3,170 SF
- Lot size
- 0.22 Acres
Building Details
- Architectural style
- Other
Listing agent Barinder Singh License #RB22001604 (317) 531-1209
Listing office eXp Realty, LLC Counselors Row Ste 200, IN (888) 611-3912
Listing date Apr 17, 2026
MLS# 22096142
Listing URL
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Iconic Restaurant Space For Lease
This commercial space, formerly a well-known restaurant, presents a rare opportunity for redevelopment. Situated just off a major highway exit, the location offers high visibility and ample parking. Much of the existing bar setup and infrastructure remains, potentially reducing build-out costs. The owner is offering up to 5 months of free rent for qualified tenants who renovate and refresh the space. The property is being offered as-is for redevelopment. This location is suitable for a restaurant or bar concept looking to capitalize on a high-demand, high-traffic area with established recognition. The lot size is approximately 0.22 acres. The property contains approximately 3170 square feet. Dimensions are approximate, and tenants should perform their own due diligence. Utilities, including electric and water, are currently off. The property is zoned for commercial use and is located in Indianapolis, IN.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Indianapolis Roofing Services
Roofing Company
Similar Places Nearby
- HARLIE INC — 1848 N Irvington Ave, Indianapolis, IN 46218, United States
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.082736
- Latitude
- 39.795956
Nearby Similar for Lease
FAQs
What type of property is this?
Restaurant - High-visibility restaurant space with existing infrastructure and free rent incentive.
Where is this restaurant located?
The property is located at 5111 E 21st Street Indianapolis, IN.
What is the lease rate?
The lease rate is $2,600 /Mo.
What are key features of this property?
This property features: High‑visibility location just off a major highway exit with ample parking.; Below‑market rent.; Up to 5 months of FREE rent for qualified tenants.
