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Mixed-Use Property with Pole Barn
For Sale
Contact for pricing
Pending

5354 Elmwood Ave, Indianapolis, IN 46203

Home-office configuration includes ADA access, central air, and a fenced rear area.

Property SizeContact for details
Lot Size1.21 Acres
Days on Market142

Property Features for 5354 Elmwood Ave

General Information

Standard status Pending
Lot size 1.21 Acres
Property subtype Industrial

Site & Location

Highway Access Yes
Fenced Yard Yes

Amenities

central air
fenced yard
ADA accessible
updated kitchen
newer appliances
newer roof
storage

Building Details

Buildings 2
Listing Agency: House Smart ™ Realty, LLC
Listed By: Connie Jurey · License #IN RB 14035708
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 2:22PM

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 House Smart ™ Realty, LLC

Investment Insights

Based on property information with market context.

This mixed-use property combines a residential-style home and office with 1.21 acres of mostly undeveloped land. The building includes two full bathrooms, an updated kitchen with a center island and newer appliances, central air, substantial storage, and a newer roof. ADA-oriented features include an access ramp and an accessible bathroom. A 14X27 pole barn and fenced rear area add functional outdoor space.

Located at 5354 Elmwood Ave in Indianapolis, the property is approximately one minute from I-465 and near I-65, I-74, and I-70. Beech Grove schools are within walking distance. The improvements have supported a remodeling, construction, and roofing operation, providing a home-and-business configuration with flexible existing spaces.

Key Highlights

  • 1.21 acres of mostly undeveloped property
  • 14X27 pole barn included
  • Home‑office layout with two full bathrooms

Property Analytics

Current Use

Mixed-use properties

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
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Home-office configuration includes ADA access, central air, and a fenced rear area.
Where is this mixed-use property located?
The property is located at 5354 Elmwood Ave Indianapolis, IN.
What are key features of this property?
This property features: 1.21 acres of mostly undeveloped property; 14X27 pole barn included; Home‑office layout with two full bathrooms
More about this property
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