5243 Rockville Road Indianapolis, IN 46224
New
Retail - Indianapolis, IN
Type:Retail
Property size:
4,524 SFLot size:
0.31 AcresPrice / SF:
$121/SF- Added:
- Apr 25, 2026
- Days on Market:
- 1
- Last Refresh:
- Apr 25 at 2:06 pm
Property Features for 5243 Rockville Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- C3
- Standard status
- Active
- APN
- 491107122004000900
- Size
- 4,524 SF
- Lot size
- 0.31 Acres
Building Details
- Year built
- 1946
- Architectural style
- Other
Listing agent Shelly Johnson License #RB14043056 (317) 882-5900
Listing office Keller Williams Indy Metro S N Emerson Ave Ste 300, Greenwood, IN (317) 882-5900
Listing date Apr 25, 2026
MLS# 22097917
Listing URL
Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Indianapolis Retail/Office Value-Add Opportunity
Located on a hard corner at Rockville Road and Lynnhurst in Indianapolis, this 4,524 square foot building offers a flexible layout suitable for retail, office, or service-based users. The C-3 zoning supports a wide range of permitted uses, including neighborhood retail, professional services, restaurant concepts, and personal care businesses. The site benefits from strong exposure and consistent traffic flow, with over 20,000 cars per day along this stretch. The property requires renovation, presenting a value-add opportunity to reposition, customize, and maximize its potential. On-site parking and excellent frontage enhance accessibility, making this a strong option for investors or businesses looking to establish a presence in a well-traveled corridor. The lot size is 0.31 acres. The property is located one mile from I-465.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.25006
- Latitude
- 39.764819
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 4,524 SF building ideal for retail, office, or service-based users.
Where is this retail space located?
The property is located at 5243 Rockville Road Indianapolis, IN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: High‑traffic location on a hard corner (Rockville Road & Lynnhurst) with over 20,000 cars per day; Flexible 4,524 SF building suitable for retail, office, or service‑based businesses; C‑3 zoning allows for a wide range of permitted uses (retail, professional services, restaurants, personal care)
