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Flexible Showroom and Warehouse Space

4508-4510 N Keystone Ave, Indianapolis, IN 46205

For Lease
$16.50 SF/Yr

Versatile commercial space combines showroom, office, retail, and warehouse areas with drive-in access and a secured fenced section.

Space Size4,730 SF
Lot Size0.32 Acres
Days on Market49

Property Features for 4508-4510 N Keystone Ave

General Information

Standard status Active
Size 4,730 SF
Net Rentable 4,730 SF
Lot size 0.32 Acres
Property subtype Retail
Lease Term NNN

Space & Availability

Available Space 4,730 SF
Contiguous Space 4,730 SF
Space Use Flex
Available From 2026-10-01

Site & Location

Neighborhood Fairgrounds
Highway Access Yes
Road Access Yes
Fenced Yard Yes

Amenities

oven hood
secured fenced area

Building Details

Building Size 4,730 SF
Year Built 1971
Buildings 1

Spaces For Lease

at 4508-4510 N Keystone Ave
4508-4510 N Keystone Ave $16.50/SF/Yr
Size 4,730 SF
Type Flex/Showroom
Term Negotiable
Contact us
Listing Agency: Premier Commercial Real Estate Services, Inc.
Listed By: Melissa Blackwell · License #RB15000222
Source: Tcnworldwide
Added: Sep 22 Changed: Nov 7 Last Checked: Nov 8 at 4:43AM

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 Premier Commercial Real Estate Services, Inc.

Rey
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Investment Insights

Based on property information with market context.

This flex property, built in 1971, provides approximately 4,730 SF on 0.32 acres. The layout brings together showroom, office, retail, and warehouse areas, with floorplans suited to either single-tenant or multi-tenant occupancy. Recent improvements and an installed oven hood add functionality for food service use, while drive-in access supports commercial operations. Availability is scheduled for 10/1/2026.

The property fronts N Keystone Avenue in Indianapolis and offers access to Fall Creek Parkway, I-70, Downtown Indianapolis, Broad Ripple, and the Indiana State Fairgrounds. A secured fenced area provides additional site utility, and the Keystone Avenue position places the building along an established commercial corridor.

Key Highlights

  • Approximately 4,730 SF building on 0.32 acres
  • Showroom, office, retail, and warehouse configuration
  • Direct frontage on N Keystone Avenue

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Building Supply Real Estate Agency Law Firm Big Box & Wholesale Store Garden Center HVAC Service

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

Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

877
Businesses Nearby
Balanced
Demand for This Use

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

Lease Benchmarks for Indianapolis, IN

$12.49 /SF/Yr
Avg Asking Price
$6–$18 /SF/Yr
Price Range
9,446 SF
Avg Space Size

This space is priced 32% above the average of $12.49 /SF/Yr.

Properties on Market for Flex space in Indianapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025

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 - Versatile commercial space combines showroom, office, retail, and warehouse areas with drive-in access and a secured fenced section.
Where is this flex space located?
The property is located at 4508-4510 N Keystone Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Approximately 4,730 SF building on 0.32 acres; Showroom, office, retail, and warehouse configuration; Direct frontage on N Keystone Avenue
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