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Storefront Retail Building
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3141 Kentucky Avenue, Indianapolis, IN 46221

COMMERCIAL, Indianapolis, IN

Property Size2,786 SF
Lot Size0.25 Acres
Days on Market4

Property Features for 3141 Kentucky Avenue

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description Commercial
Directions Property is located between Phillips 66 & Decatur Auto Sales
Subdivision Marion County
Standard status Active
APN 49-11-29-111-707.000-274
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description MARS HILL L0607 & L0608 & L0609
Tax Annual Amount 3651
Legal Description MARS HILL L0607 & L0608 & L0609

Utilities

Cooling system Central Air

Building Details

Year built 1953
Flooring type Vinyl
Roof type Asphalt
Listing Agency: Krueckeberg Auction And Realty
Listed By: Brevin Slusher · License #RB23002369
Added: Sep 16 Last Checked: Sep 19 at 7:06PM
MLS# 202638247

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. 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 Indianapolis storefront retail property includes a 2,786-square-foot building on approximately 0.25 acres. Display shelving remains with the property, supporting retail merchandising and store operations. The interior has vinyl flooring and central air conditioning, while the building is topped by an asphalt roof.

Constructed in 1953, the property is located at 3141 Kentucky Avenue in Indianapolis, within Marion County. Its storefront configuration and existing retail improvements provide a straightforward setting for continued commercial use.

Key Highlights

  • 2,786 SF retail building on approximately 0.25 acres
  • Display shelving included
  • Central air conditioning

Property Analytics

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Current Use

Outdoor Living Store Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon Building Supply Nail Salon

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

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46221, IN

27,991
Population
11,120
Households
2.5
Avg Household Size
35
Median Age
16%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,400
Density / Sq Mi
$58,316
Median Household Income
$40,665
Median Earnings
$1,111
Median Rent
$174,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Similar Off Market Nearby

  • Kroger Floral Department 3361 Kentucky Ave, Indianapolis, IN 46221
  • Where Pigs Fly and such 2811 mars hill st, indianapolis, in 46241

Frequently Asked Questions

What type of property is this?
Storefront property - Established retail space with display shelving, central air, vinyl flooring, and an asphalt roof.
Where is this storefront property located?
The property is located at 3141 Kentucky Avenue Indianapolis, IN.
What are key features of this property?
This property features: 2,786 SF retail building on approximately 0.25 acres; Display shelving included; Central air conditioning
More about this property
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