5243 Rockville Road, Indianapolis, IN 46224

Building Details

Year built

1946

Architectural style

Other

Listing agent Shelly Johnson License #RB14043056 Show Phone

Listing office Keller Williams Indy Metro S s***@kw.com N Emerson Ave Ste 300, Greenwood, IN Show Phone

Listing date Apr 25, 2026

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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.

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Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.25006

Latitude

39.764819

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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)