Retail Building with Suite
For Sale
Contact for pricing
Pending
5041 E 16th St, Indianapolis, IN 46201
Freestanding commercial space along 16th Street with flexibility for retail, office, restaurant, or multi-suite occupancy.
Property SizeContact for details
Days on Market144
Property Features for 5041 E 16th St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
RE/MAX Advanced Realty
(317) 298-0961
Listed By:
Keith Turnbill · License #IN
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 5:26AM
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 RE/MAX Advanced Realty
Investment Insights
Based on property information with market context.
This approximately 7,200-square-foot retail building fronts 16th Street and offers a flexible commercial layout. The property can accommodate a single retail operation or be configured into smaller suites, supporting a range of potential retail, office, or restaurant uses.
The building sits on the south side of E 16th Street, just west of Emerson Avenue, providing a recognizable address within the surrounding commercial corridor. Its existing retail format and adaptable configuration provide a foundation for an owner-user, multi-tenant arrangement, or other commercial occupancy plan.
The building sits on the south side of E 16th Street, just west of Emerson Avenue, providing a recognizable address within the surrounding commercial corridor. Its existing retail format and adaptable configuration provide a foundation for an owner-user, multi-tenant arrangement, or other commercial occupancy plan.
Key Highlights
- Approximately 7,200+/- square feet of retail building area
- Positioned on the south side of E 16th Street
- Just west of Emerson Avenue
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
465
Businesses Nearby
Explore this area
Business Placement
Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding commercial space along 16th Street with flexibility for retail, office, restaurant, or multi-suite occupancy.
Where is this retail space located?
The property is located at 5041 E 16th St Indianapolis, IN.
What are key features of this property?
This property features: Approximately 7,200+/- square feet of retail building area; Positioned on the south side of E 16th Street; Just west of Emerson Avenue
