Single-Story Office
For Sale
$155,900
5707 E 38th, Indianapolis, IN 46218
Single-story office building with recently renovated interiors and rewiring, offered as-is for owner-users or investors.
Property Size1,176 SF
Lot Size0.24 Acres
Price / SF$132.57
Days on Market108
Property Features for 5707 E 38th
General Information
Standard status
Active
Size
1,176 SF
Lot size
0.24 Acres
Zoning
C3
Site & Location
Neighborhood
Arlington Woods
Road Access
Yes
Utilities to Site
Yes
Building Details
Year Built
1952
Year Renovated
2026
Stories
1
Listing Agency:
Blue Flag Realty Inc
Listed By:
Jesse Jasvir Singh
Source:
Eveloteam
Added: Jul 8
Changed: Oct 8
Last Checked: Oct 7 at 4:26PM
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 Blue Flag Realty Inc
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Investment Insights
Based on property information with market context.
This single-story commercial office building offers 1,176 SF of space on a 0.24-acre site and is being offered as-is. Public remarks indicate the property was recently renovated in 2026, including fresh interior paint and complete rewiring, supporting an updated, ready-for-occupancy interior condition. Utilities include electric, with gas available.
The property is located along a city street with frontage-road access and an asphalt road surface, providing straightforward ingress/egress and street exposure. Public remarks also reference C3 zoning, which may allow a wide range of business uses.
Access and site improvements are described as consistent with a street-facing office property, and the building is presented as an affordable option for a flexible owner-user or investor strategy.
The property is located along a city street with frontage-road access and an asphalt road surface, providing straightforward ingress/egress and street exposure. Public remarks also reference C3 zoning, which may allow a wide range of business uses.
Access and site improvements are described as consistent with a street-facing office property, and the building is presented as an affordable option for a flexible owner-user or investor strategy.
Key Highlights
- 1,176 SF single‑story office building built in 1952
- C3 zoning supports a wide range of business uses
- Recently renovated in 2026 with fresh interior paint and complete rewiring
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
327
Businesses Nearby
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Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
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Market
Vacancy Rate% for Office in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Office building - Single-story office building with recently renovated interiors and rewiring, offered as-is for owner-users or investors.
Where is this office building located?
The property is located at 5707 E 38th Indianapolis, IN.
What is the asking price?
The asking price for this property is $155,900.
What are key features of this property?
This property features: 1,176 SF single‑story office building built in 1952; C3 zoning supports a wide range of business uses; Recently renovated in 2026 with fresh interior paint and complete rewiring
