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5214 S East St Indianapolis, IN 46227

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For Sale
$3,680,000

Commercial property in Indianapolis with strategic access and growth potential.

Type:Office
Property size:
39,153 SF
Price / 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

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Listing Contact
Joseph DiSalvo
Joseph DiSalvo

Listing agent Joseph DiSalvo License #License(s): IN: RB14051407

Listing office Indianapolis Office

Listing date Apr 9, 2026

Source Marcusmillichap

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 Indianapolis Office


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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.149816
Latitude
39.691271

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.
More about this property
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