5214 S East St Indianapolis, IN 46227
Commercial property in Indianapolis with strategic access and growth potential.
Type:Office
Property size:
39,153 SFPrice / SF:
$93/SF- Added:
- Apr 9, 2026
- Days on Market:
- 16
- Last Refresh:
- Apr 9 at 8:05 pm
Property Features for 5214 S East St
General Information
- Standard status
- Active
- Size
- 39,153 SF
- Property subtype
- Office
Building Details
- Year Built
- 1986
Listing agent Joseph DiSalvo License #License(s): IN: RB14051407 (317) 218-5334
Listing office Indianapolis Office (317) 218-5334
Listing date Apr 9, 2026
Source Marcusmillichap
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Overview
Indianapolis Commercial Property for Sale
This commercial property is located in Greenwood and the surrounding Southern Indianapolis region, an area that continues to attract industrial and residential investment due to population growth, residential expansion, and strategic access to I-65 and I-465. The location supports local business demand, growth in medical office, professional services, and small business users, as well as the expansion of retail and service corridors along US-31. Office parks and commercial corridors in the submarket experience stable tenant demand, with ongoing reinvestment and repositioning of existing assets. The property benefits from proximity to Downtown Indianapolis, a regional retail and commercial concentration along the US-31 corridor, and a strong healthcare presence. It also offers immediate connectivity to US-31, I-65, and I-465, providing efficient access to Downtown Indianapolis and regional markets. The area has a growing suburban workforce and competitive occupancy and operating costs. The property is situated within a pro-business environment with ongoing reinvestment and local support for commercial development along key corridors. The property size is 39153 square feet.
Location Intelligence
Current Use by Public Records
John Steinkamp and Associates
Law Firm
Keri B. Fagg, ...
Physician
Tamara L. Gasaway, ...
Physician
Brian A. Horner, PT
Physician
Lindsey M. Lauderdale, ...
Physician
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.149816
- Latitude
- 39.691271
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Commercial property in Indianapolis with strategic access and growth potential.
Where is this office building located?
The property is located at 5214 S East St Indianapolis, IN.
What is the asking price?
The asking price for this property is $3,680,000.
What are key features of this property?
This property features: Strategic transportation access: Immediate connectivity to US‑31, I‑65, and I‑465.; Access to a growing suburban workforce with proximity to the broader Indianapolis labor pool.; Competitive cost structure: Lower occupancy and operating costs.
