3420 N Emerson Ave Indianapolis, IN 46218

Listing agency Lee & Associates | Indianapolis Show Phone

Listed by Robert (Bob) Lindgren

Source Moodyscre

Added: Jul 12, 2023 Updated: Jul 22 at 10:59PM Checked: Jul 22 at 10:59PM

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Investment Insights

Based on property information with market context.

This freestanding retail building was previously used as a healthcare facility and is offered for sale as an adaptive reuse property. The existing structure provides a base for conversion to a new use, with multiple potential redevelopment paths suggested by the property’s flexible zoning.

The site is located on the west side of Emerson, just north of 34th, with an indicated strong traffic count in the area.

The property is governed by MU-2 zoning, which allows for a wide variety of retail, office, light industrial, and residential uses, making it suitable for a range of buyer and tenant concepts.

Key Highlights

• Former healthcare facility with adaptive reuse potential
• Freestanding retail property for sale
• Flexible MU‑2 zoning supports a wide variety of retail, office, light industrial, and residential uses

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FAQs

What type of property is this?

Retail space - Former healthcare facility with flexible MU-2 zoning for a range of retail, office, light industrial, and residential reuse options.

Where is this retail space located?

The property is located at 3420 N Emerson Ave 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: Former healthcare facility with adaptive reuse potential; Freestanding retail property for sale; Flexible MU‑2 zoning supports a wide variety of retail, office, light industrial, and residential uses