Multi-Tenant Flex Industrial
For Sale
Contact for pricing
4501 N Keystone Ave, Indianapolis, IN 46205
Three connected buildings totaling 18,115 SF on 2.97 acres with 53% occupancy and a tenant in place through 2027.
Property Size18,115 SF
Lot Size2.97 Acres
Days on Market170
Property Features for 4501 N Keystone Ave
General Information
Standard status
Active
Size
18,115 SF
Lot size
2.97 Acres
Property subtype
FLEX_R_AND_D
Zoning
C-5
Occupancy
53%
Building Details
Tenancy
Multi
Listing Agency:
Allies Commercial Realty
(317) 908-6479
Listed By:
Mitchell Ayers
(317) 361-4787
Source:
Moodyscre
Added: Mar 23
Changed: Sep 5
Last Checked: Sep 8 at 10:45AM
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 Allies Commercial Realty
Investment Insights
Based on property information with market context.
Allies Commercial Realty presents a multi-tenant flex/industrial investment opportunity at 4501 N Keystone Avenue in Indianapolis. The C-5 zoned site spans 2.97 acres and includes three buildings totaling 18,115 square feet. The property is currently 53 percent occupied, with a stabilized tenant in place through 2027.
The offering highlights visibility along the high-traffic Keystone Corridor. The surrounding retail environment includes major national retailers such as Target, Lowe’s, Meijer, Chick-fil-A, Starbucks, and Planet Fitness.
Per the seller, the property is projected to generate $24,650 in monthly income, with upside potential associated with moving toward full occupancy.
The offering highlights visibility along the high-traffic Keystone Corridor. The surrounding retail environment includes major national retailers such as Target, Lowe’s, Meijer, Chick-fil-A, Starbucks, and Planet Fitness.
Per the seller, the property is projected to generate $24,650 in monthly income, with upside potential associated with moving toward full occupancy.
Key Highlights
- 2.97‑acre C‑5 zoned site at 4501 N Keystone Avenue in Indianapolis, IN
- Three buildings totaling 18,115 SF
- Currently 53% occupied, with a stabilized tenant in place through 2027
Property Analytics
Property Profile
Current Use
Lease Details
53%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46205, IN
27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Market
Vacancy Rate% for Industrial in Indianapolis, IN
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Similar Off Market Nearby
- Real Taste Catering — 3960 Meadows Dr, Indianapolis, IN 46205
- The Food Guys Catering — 1202 38th St, Indianapolis, IN 46205
- Thomas Caterers of Distinction — 4440 N Keystone Ave, Indianapolis, IN 46205
- Black Plate Catering — 2025 E 46th St, Indianapolis, IN 46205
- Sahm's Catering — 2502 E 52nd St, Indianapolis, IN 46205
Frequently Asked Questions
What type of property is this?
Flex space - Three connected buildings totaling 18,115 SF on 2.97 acres with 53% occupancy and a tenant in place through 2027.
Where is this flex space located?
The property is located at 4501 N Keystone Ave Indianapolis, IN.
What are key features of this property?
This property features: 2.97‑acre C‑5 zoned site at 4501 N Keystone Avenue in Indianapolis, IN; Three buildings totaling 18,115 SF; Currently 53% occupied, with a stabilized tenant in place through 2027
