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5450 W 86Th St Indianapolis, IN 46268

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For Sale
$2,500,000

3.05-acre property with retail and industrial components for sale.

Lot size:
3.05 Acres

Property Features for 5450 W 86Th St

General Information

Standard status
Active
Lot size
3.05 Acres

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Listing Contact
Jason Alsup
Source: Exprealty

Listing Agency: exp realty, llc Listing Agent: Jason Alsup

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Retail and Industrial Value-Add Opportunity

This 3.05-acre property offers a value-add opportunity with both retail and industrial components. The retail site, zoned C4, consists of 15,000 square feet and is currently configured with 8 units, with the potential to be converted into 9 units. Most spaces are built out but would benefit from CAPEX improvements to modernize and maximize rental income. The industrial building, zoned I4, offers 6,300 square feet and is ideal for various industrial uses, providing flexibility for owner-users or tenants. This property is suitable for investors looking to enhance value through renovations and lease-up strategies. With zoning designations and ample space for improvements, this site is ready for its next phase of growth.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Building Supply Auto Repair Shop Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.2566755
Latitude
39.9112791

FAQs

What type of property is this?
Mixed-use property - 3.05-acre property with retail and industrial components for sale.
Where is this mixed-use property located?
The property is located at 5450 W 86Th St Indianapolis, IN.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: - 3.05-acre property with both retail and industrial components.; - Retail site (15,000 sq ft) zoned C4 with potential for 9 units.; - Industrial building (6,300 sq ft) zoned I4 suitable for various industrial uses.
More about this property
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