Corner Two-Tenant Retail and Auto
1121 E Troy Avenue Indianapolis, IN 46203
For Sale
$1,000,000
SINGLE_FAMILY - Indianapolis, IN
Lot Size0.74 Acres
Days on Market229
Property Features for 1121 E Troy Avenue
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- C-5
- Standard status
- Active
- APN
- 491030122001023501
- Lot size
- 0.74 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Golden Addition L7
Building Details
- Year built
- 1948
Listing Agency:
Keller Williams Indy Metro S
(317) 882-5900
Listed By:
Shelly Johnson · License #RB14043056
(317) 882-5900
Added: Dec 9, 2025
Changed: Jun 16
Last Checked: Jul 26 at 4:06AM
MLS# 22076256
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Investment Insights
Based on property information with market context.
This for-sale C-5 zoned corner property includes a two-tenant building that was remodeled in 2025. The site is described as a hard corner configuration, designed to support storefront-style visibility and practical access for tenant operations. The property also allows for a range of commercial uses consistent with C-5 zoning, including gas stations, retail, office, and auto-related operations.
The property is located at 1121 E Troy Avenue in Indianapolis, positioned in Garfield Park. It is placed on the corner of Shelby and Troy and is described as offering easy access to major corridors. The listing notes the site is just minutes from I-465.
For tenants or buyers, the combination of a two-tenant setup and C-5 flexibility can support businesses that need retail storefront frontage with the ability to operate in an auto-oriented commercial category, including gas station, office, or auto-related uses as permitted under the C-5 zoning framework. The 2025 remodel may help reduce near-term capital needs for an operator looking to move into a refreshed building configuration.
The property is located at 1121 E Troy Avenue in Indianapolis, positioned in Garfield Park. It is placed on the corner of Shelby and Troy and is described as offering easy access to major corridors. The listing notes the site is just minutes from I-465.
For tenants or buyers, the combination of a two-tenant setup and C-5 flexibility can support businesses that need retail storefront frontage with the ability to operate in an auto-oriented commercial category, including gas station, office, or auto-related uses as permitted under the C-5 zoning framework. The 2025 remodel may help reduce near-term capital needs for an operator looking to move into a refreshed building configuration.
Key Highlights
- 1948 hard‑corner, two‑tenant building remodeled in 2025
- Corner location on Shelby and Troy with easy access to major corridors
- C‑5 zoning allows a wide range of uses, including gas stations, retail, office, and auto‑related operations
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
FAQs
What type of property is this?
Retail space - Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.
Where is this retail space located?
The property is located at 1121 E Troy Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 1948 hard‑corner, two‑tenant building remodeled in 2025; Corner location on Shelby and Troy with easy access to major corridors; C‑5 zoning allows a wide range of uses, including gas stations, retail, office, and auto‑related operations
