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Three-Suite Retail Building
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8710 East 21st Street, Indianapolis, IN 46219

C4-zoned retail property with fully occupied suites and professionally maintained building systems.

Property Size4,500 SF
Price / SF$86.67
Days on Market6

Property Features for 8710 East 21st Street

General Information

Standard status Active
Size 4,500 SF
Total Parking Spaces 25
Property subtype Retail
Zoning C4
Occupancy 100%
Lease Type Gross

Building Details

Year Built 1974
Buildings 1
Units 3
Tenancy Multi
Listing Agency: Annie Scott Commercial Real Estate
Listed By: J'nai LeFevre Stuller · License #IN RB19001595
Source: Crexi
Added: Aug 28 Changed: Sep 1 Last Checked: Sep 1 at 10:17PM

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 Annie Scott Commercial Real Estate

Investment Insights

Based on property information with market context.

This 4,500-square-foot retail property contains three commercial suites and was built in 1974. The building is fully leased and 100% occupied, with two tenants in place since 2018. A new roof was installed in 2025, and HVAC equipment across the suites has received documented service and component updates.

Suite 8710 is equipped with 3-ton and 5-ton units, both serviced in 2024. Suite 8714 has a 4-ton unit installed in 2009 and received a new AC fan in 2024. Suite 8716 includes 3-ton and 4-ton units, along with a new airlon compressor installed in 2022. The property carries C4 zoning and is located near Interstate 70, with national and regional businesses in the surrounding commercial area.

Key Highlights

  • 4,500‑square‑foot retail building with three suites
  • 100% occupied and fully leased
  • New roof installed in 2025

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Locksmith HVAC Service

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

Location Intelligence

Trade Area within ½ mile

3,148
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - C4-zoned retail property with fully occupied suites and professionally maintained building systems.
Where is this retail space located?
The property is located at 8710 East 21st Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 4,500‑square‑foot retail building with three suites; 100% occupied and fully leased; New roof installed in 2025
More about this property
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