5308 N Keystone Ave, Indianapolis, IN 46220

Spaces For Lease

at 5308 N Keystone Ave Contact us

Listing agent Mitchell Ayers

Listing office Allies Commercial Realty Show Phone

Listing date Jun 16, 2026

Source Moodyscre

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Overview

This freestanding industrial building offers 5,200 square feet of warehouse and office space, with approximately 1,600 square feet dedicated to office and showroom use. The warehouse component includes a 1,600-square-foot mezzanine and clear height of 13 feet throughout, supported by 400-amp, 480-volt power. Three drive-in doors serve the space, including one newly installed overhead door measuring 10 feet by 12 feet. Recent improvements include new warehouse heaters, freshly painted office and warehouse interiors, and the new overhead door.

The property is located in Indianapolis on a high-visibility corridor along N Keystone Avenue, with dual access points from N Keystone Avenue and Hillsdale Avenue. The site sits on C-5 zoned land and includes 18 shared parking spaces. Reported traffic along the frontage corridor is 33,500 vehicles per day.

Designed for industrial, distribution, and service business uses, the combination of office/showroom space, mezzanine area, and multiple drive-in doors supports a range of tenant operations. With NNN lease structure and the stated operating expense, the building offers a straightforward option for tenants seeking functional layout and practical warehouse access in a visible location.

Suggested Use

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

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

Similar Places Nearby

• Mills Catering LLC — 2828 E 55th Pl, Indianapolis, IN 46220
• Sahm's Catering — 2502 E 52nd St, Indianapolis, IN 46205
• Black Plate Catering — 2025 E 46th St, Indianapolis, IN 46205

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.1225165

Latitude

39.8497776

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FAQs

What type of property is this?

Flex space - Freestanding warehouse with office and showroom, mezzanine, and three drive-in doors on a high-traffic Keystone corridor.

Where is this flex space located?

The property is located at 5308 N Keystone Ave Indianapolis, IN.

What is the lease rate?

The lease rate is $9 SF/Yr.

What are key features of this property?

This property features: 5,200 SF freestanding industrial building on a high‑visibility corridor along N Keystone Ave; Layout includes ~1,600 SF office and showroom, plus a 1,600 SF mezzanine; Warehouse has 13‑ft clear height and 400‑amp, 480‑volt power