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Industrial Flex Showroom Warehouse
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5350 Elmwood Avenue, Indianapolis, IN 46203

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

Property Size5,760 SF
Days on Market58

Property Features for 5350 Elmwood Avenue

General Information

Standard status Active
Size 5,760 SF
Property subtype Retail, Industrial, Mixed Use

Additional Details

Highway Access Yes

Building Details

Year Built 2003
Listing Agency: BrightPoint Real Estate
Listed By: Evan Kroot · License #IN RB20001173
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Aug 4 at 8:48AM

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

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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

Property Analytics

Current Use

Miami Paint Of Indy Hardware & Home Improvement

Suggested Use

Top Pick Law Firm Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store Barber Shop Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
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Frequently Asked Questions

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
More about this property
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