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Freestanding Retail Property For Sale
For Sale
$425,000

3420 N Emerson Ave, Indianapolis, IN 46218

Freestanding retail property with reuse options available for sale.

Property Size10 SF
Price / SF$42,500
Days on Market330

Property Features for 3420 N Emerson Ave

General Information

Standard status Active
Size 10 SF
Property subtype Retail

Building Details

Year Built 1966
Listing Agency: Lee & Associates - Indianapolis
Listed By: Bob Lindgren · License #RB14005117
Source: Lee-associates
Added: Sep 10, 2025 Changed: Jul 6 Last Checked: Aug 4 at 3:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Indianapolis

Investment Insights

Based on property information with market context.

This freestanding retail property is available for sale, presenting various options for reuse. The property's price allows for potential conversion. The property size is 10 square feet.

Key Highlights

  • Freestanding retail property offering excellent reuse options.
  • Built in 1966.
  • Price allows room for conversion.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

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

300
Businesses Nearby

Demographics for 46218, IN

30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value

Market

Properties on Market for Retail properties & Spaces in Indianapolis

Feb
Mar
Apr
May
Jun
Jul

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
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Frequently Asked Questions

What type of property is this?
Retail property - Freestanding retail property with reuse options available for sale.
Where is this retail property 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: Freestanding retail property offering excellent reuse options.; Built in 1966.; Price allows room for conversion.
More about this property
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