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Hard-Corner Retail/Office Building

5243 Rockville Road, Indianapolis, IN 46224

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For Sale

$550,000

SINGLE_FAMILY - Indianapolis, IN

Type:Retail

Property size:

4,524 SF

Lot size:

0.31 Acres

Price / SF:

$121/SF

HighLights

4,524 SF building on a hard corner at Rockville Road & Lynnhurst
C‑3 zoning supports a range of uses including neighborhood retail, professional services, restaurant concepts, and personal care businesses
Over 20,000 cars per day along the corridor for strong traffic exposure
On‑site parking with excellent frontage for accessibility
Utilities include natural gas available
About 1 mile from I‑465

We can help!

Contact an agent

Shelly Johnson

For Sale

$550,000

SINGLE_FAMILY - Indianapolis, IN

Type:Retail

Property size:

4,524 SF

Lot size:

0.31 Acres

Price / SF:

$121/SF

Added:: Apr 25, 2026
Days on Market:: 64
Last Refresh:: Jun 27 at 1:06 pm

Property Features for 5243 Rockville Road

General Information

Property type: Residential
Property subtype: Retail
Zoning: C3
Standard status: Active
APN: 491107122004000900
Lot size: 0.31 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: Rocklyn Addition Pt L1 & L2 Beg 41.28' S Of Nw Cor L1 S 55' Se 54.37' E 92.12' N 146.24' W 69.17' Sw Irr 47.24' To Beg

Utilities

Utilities: Natural Gas Available

Building Details

Year built: 1946

We can help!

Contact an agent

Shelly Johnson

Listing agent Shelly Johnson License #RB14043056

Listing office Keller Williams Indy Metro S N Emerson Ave Ste 300 48, Greenwood, IN

Listing date Apr 25, 2026

MLS# 22097917

HighLights

4,524 SF building on a hard corner at Rockville Road & Lynnhurst
C‑3 zoning supports a range of uses including neighborhood retail, professional services, restaurant concepts, and personal care businesses
Over 20,000 cars per day along the corridor for strong traffic exposure
On‑site parking with excellent frontage for accessibility
Utilities include natural gas available
About 1 mile from I‑465

Overview

This 4,524 SF building sits on a hard corner and offers a flexible layout that can support retail, office, or service-based uses. The property is located under C-3 zoning, which supports a wide range of permitted uses, including neighborhood retail, professional services, restaurant concepts, and personal care businesses. The building does require renovation, allowing an incoming owner or tenant to customize improvements to fit their operating needs.

The site is positioned on Rockville Road at Lynnhurst, with excellent frontage and onsite parking designed to support convenient customer and employee access. The listing notes over 20,000 cars per day along this stretch, contributing to consistent visibility. It is also described as being about 1 mile from I-465, supporting connectivity to the surrounding Indianapolis area.

For buyers or operators seeking an adaptable location with high roadway visibility, the combination of hard-corner presence, frontage, and onsite parking can be advantageous when planning a repositioning or buildout. With renovation needed, the property may be well-suited for users who want to tailor the space to a retail storefront, professional services office, or personal care concept within the C-3 framework.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.25006
Latitude: 39.764819

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For sale
Retail space
IN
Indianapolis
46224
5243 Rockville Road

What type of property is this?

Retail space - C-3 zoned building on a hard corner with strong traffic exposure, onsite parking, and flexible retail or office use.

Where is this retail space located?

The property is located at 5243 Rockville Road Indianapolis, IN.

What is the asking price?

The asking price for this property is $550,000.

What are key features of this property?

This property features: 4,524 SF building on a hard corner at Rockville Road & Lynnhurst; C‑3 zoning supports a range of uses including neighborhood retail, professional services, restaurant concepts, and personal care businesses; Over 20,000 cars per day along the corridor for strong traffic exposure

5243 Rockville Road, Indianapolis, IN 46224

SINGLE_FAMILY - Indianapolis, IN

Property Features for 5243 Rockville Road

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Elevator-Served Mixed-Use Building

Flexible Office Building with Detached Garage

Industrial Flex with Multiple Overhead Doors

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Warehouse Redevelopment Site

Multi-Office Building with Private Parking

Two-Level Office Building with Conference Rooms

Auto Shop with Paint Booth

Four-Unit Retail Value-Add Property

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