5350 Elmwood Avenue, Indianapolis, IN 46203

Building Details

Year Built

2003

Listing agent Evan Kroot License #IN RB20001173

Listing office BrightPoint Real Estate

Listing date Jun 9, 2026

Source Crexi

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 BrightPoint Real Estate

Report an issue

---

Overview

Building 04 in Elmwood Industrial Park offers approximately 5,760 square feet of versatile industrial/flex space configured to support showroom, warehouse, and retail/flex use. The building is positioned for a range of industrial and service users, including showroom and other entrepreneur-driven operations, with functional flexibility built into the layout described for the property.

The property sits along Elmwood Avenue with direct frontage and immediate access to major interstate routes, including I-465, I-65, I-69, I-70, and I-74. Additional site features include private parking and pylon signage opportunities, supporting both day-to-day operations and storefront-style visibility for appropriate users.

For owner-users or investors seeking an adaptable space that can combine showroom and warehousing under one roof, Building 04 provides a practical footprint within an industrial park setting. Its mix of showroom, warehouse, and retail/flex functionality allows tenants to align the interior use with their operating model while leveraging the property’s direct frontage along Elmwood Avenue and strong regional connectivity to the listed interstates.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.07554

Latitude

39.70658

Nearby Similar for Sale

• 

  $685,000

  Restaurant/QSR With Drive-Thru Potential

  Restaurant-ready space with recent upgrades, signalized access, and prominent visibility along a major northside retail corridor.

  5527 N Keystone Avenue, Indianapolis, IN 46220

  View Details
• 

  $550,000

  Hard-Corner Retail/Office Building

  C-3 zoned building on a hard corner with strong traffic exposure, onsite parking, and flexible retail or office use.

  5243 Rockville Road, Indianapolis, IN 46224

  View Details
• 

  $3,900,000

  Elevator-Served Mixed-Use Building

  Well-maintained mixed-use building in CBD-2 with elevator service, dry sprinkler system, and on-site parking for tenants and visitors.

  536 E Market Street, Indianapolis, IN 46204

  View Details
• 

  $560,000

  Flexible Office Building with Detached Garage

  C-1 zoned building with a fenced outdoor area and detached garage, suited for office or education-oriented uses.

  2131 E 54th Street, Indianapolis, IN 46220

  View Details
• 

  $2,475,000

  Renovated Office Flex Complex

  Multi-tenant office and flex space with common parking and five leasable suites offering flexible occupancy options.

  9130 Otis Avenue, Indianapolis, IN 46216

  View Details
• 

  $4,350,000

  Heavy Industrial Dock-High Warehouse

  49,000 SF heavy industrial facility with multiple dock-high doors, office buildout, and 16'4" clear height.

  2334 Production Drive, Indianapolis, IN 46241

  View Details
• 

  $1,000,000

  Corner Two-Tenant Retail and Auto Site

  Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.

  1121 E Troy Avenue, Indianapolis, IN 46203

  View Details
• 

  $700,000

  Multi-Office Building with Private Parking

  Commercial-office building with 16 offices, large windows, and a private parking lot near major thoroughfares.

  1300 N Pennsylvania Street, Indianapolis, IN 46202

  View Details
• 

  $1,200,000

  Auto Shop with Paint Booth

  Automotive repair facility with a custom paint booth, office, and multiple work bays supported by front and rear vehicle access.

  7086 Southeastern Avenue, Indianapolis, IN 46239

  View Details
• 

  $149,000

  Four-Unit Retail Value-Add Property

  Four-unit retail asset on two parcels along a heavily traveled corridor, offered as-is and requiring significant improvements.

  3427 W Michigan Street, Indianapolis, IN 46222

  View Details
• 

  $1,499,999

  10,789 SF

  Keystone Avenue Redevelopment Opportunity

  1.63 acres with flexible zoning in evolving urban area.

  4498 North Keystone Avenue, Indianapolis, IN 46205

  View Details
• 

  $399,000

  Freestanding Single-Story Office Building

  Single-story freestanding office building zoned C-1 with street frontage and assigned/common parking, suited for office or medical uses.

  1101 N Shadeland Avenue, Indianapolis, IN 46219

  View Details

FAQs

What type of property is this?

Flex space - Flex-style building with showroom, warehouse, and retail space plus direct Elmwood Avenue frontage and private parking.

Where is this flex space located?

The property is located at 5350 Elmwood Avenue Indianapolis, IN.

What are key features of this property?

This property features: Year built 2003 flex‑style building with showroom, warehouse, and retail/flex space; ±5,760 SF Building 04 in Elmwood Industrial Park with versatile showroom, warehouse, and retail/flex use; Direct frontage along Elmwood Avenue at 5350 Elmwood Avenue