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Storefront Building with Updated HVAC
For Sale
$875,000
Pending

1309 S High School Road, Indianapolis, IN 46241

SINGLE_FAMILY - Indianapolis, IN

Property SizeContact for details
Lot Size0.33 Acres
Days on Market537

Property Features for 1309 S High School Road

General Information

Property type Residential
Property subtype Retail
Zoning Com Small Det Retail
Elementary school district Marion Community Schools
Middle school district Marion Community Schools
High school district Marion Community Schools
Directions GPS Friendly
Subdivision 4909 - Marion - Wayne
Standard status Pending
APN 491213104014000930
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Pt Nw1/4 Nw1/4 S13 T15 R2 Beg 913' S & 182.1' E Of Nw Cor E 175' S 50' Sw Irr 189.86' N 109.05' To Beg .327Ac
Legal Description Pt Nw1/4 Nw1/4 S13 T15 R2 Beg 913' S & 182.1' E Of Nw Cor E 175' S 50' Sw Irr 189.86' N 109.05' To Beg .327Ac

Amenities

2 bathrooms
LED lighting
rear dock with loading area and overhead door

Building Details

Year built 1984
Listing Agency: RE/MAX Cornerstone · RE/MAX International
Listed By: Steven Custis · License #RB14034856
Added: Feb 17, 2025 Changed: Aug 2 Last Checked: Aug 8 at 3:06AM
MLS# 22022448

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.

Investment Insights

Based on property information with market context.

This storefront building on a 0.33-acre lot was built in 1984 and is currently used as a bicycle shop. The interior has a convenient setup with two entrances, separated by a firewall and firewall door between two sections, plus two bathrooms. The property includes 12' ceilings with LED lighting and a rear dock/loading area with an overhead door.

The building is located on the NE corner of US 40 and High School Road, approximately one block west of the I-465 exit. It is zoned Com Small Det Retail.

A buyer may also have the option to leave the 10'x40' shipping containers on site for extra storage if desired.

Key Highlights

  • 0.33‑acre storefront building built in 1984, zoned Com Small Det Retail
  • HVAC updated in 2018; currently used as a bicycle shop
  • Two entrances with firewall and firewall door separating two sections

Property Analytics

Current Use

BOI Bicycle Outfitters ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Auto Repair Shop Auto Parts Store Skin Care Clinic Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

258
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46241, IN

33,568
Population
12,414
Households
2.7
Avg Household Size
33
Median Age
15%
College-Educated
73%
High-School Grad
23.9 sq mi
ZIP Area
1,405
Density / Sq Mi
$51,598
Median Household Income
$33,477
Median Earnings
$1,118
Median Rent
$111,500
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Storefront property - Retail-zoned storefront currently operating as a bicycle shop, with HVAC updated in 2018 and a layout designed for separation.
Where is this storefront property located?
The property is located at 1309 S High School Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 0.33‑acre storefront building built in 1984, zoned Com Small Det Retail; HVAC updated in 2018; currently used as a bicycle shop; Two entrances with firewall and firewall door separating two sections
More about this property
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