Retail

Indianapolis, IN Retail Properties & Spaces for Sale

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115 properties
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Mixed-Use Property with Open Hall
Updated: Oct 12
Mixed-Use Property with Open Hall

4903 S High School, Indianapolis, IN 46221

$556,000
1.15 AC lot
Approximately 8,064 square feet on 1.15 acres
C4 zoning
Office area includes multiple private workspaces, updated flooring and lighting, fresh paint, and an updated restroom
Open hall has new flooring, fresh paint, and a new roof
Natural gas heating and central air conditioning
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Grocery and Convenience Store Property
Updated: Sep 16
Grocery and Convenience Store Property

1043 N Girls School Road, Indianapolis, IN 46214

$1,200,000
0.74 AC lot
0.74‑acre commercial property
1043 N Girls School Road address in Indianapolis, IN 46214
Commercial zoning
Established retail setup
Stated potential for grocery market, restaurant, retail store, or other business use
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Shopping Center
Shopping Center

2915 N German Church Road, Indianapolis, IN 46229

$1,850,000
3.48 AC lot

The property is zoned DP and occupies a commercial site in Indianapolis.

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Flex Space with Showroom
Flex Space with Showroom

4508-4510 N Keystone Ave, Indianapolis, IN 46205

$1,200,000
4,730 sqft 0.32 AC lot

Adaptable commercial property combining showroom, office, retail, and warehouse areas with drive-in access and a secured fenced area.

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Single-Story Auto Shop with Car Lift
Single-Story Auto Shop with Car Lift

1001 E 30th Street, Indianapolis, IN 46205

$349,000
0.22 AC lot

C4-zoned automotive property with a gated site, built-in parking, and a three-bay configuration.

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Two-Tenant Corner Retail Property
Two-Tenant Corner Retail Property

1121 E Troy Avenue, Indianapolis, IN 46203

$990,000
0.74 AC lot

Remodeled retail building with C-5 zoning and access to a broad range of commercial uses.

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Two-Story Storefront Building
Two-Story Storefront Building

3363 Central Avenue, Indianapolis, IN 46205

$400,000
0.27 AC lot

Commercial zoning supports consideration of a range of commercial uses.

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Take 5 Auto Shop with NNN Lease
Take 5 Auto Shop with NNN Lease

5235 E 64th St, Indianapolis, IN 46220

$1,414,286
2,389 sqft 0.24 AC lot

A single-tenant operation is secured by an absolute NNN lease with renewal options.

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Automotive Shop With Secondary Building
Automotive Shop With Secondary Building

7086 Southeastern Avenue, Indianapolis, IN 46239

$1,100,000
0.30 AC lot

C4-zoned facility with dual road access, a fenced rear area, and automotive repair improvements.

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Two-Building Mixed-Use Property
Two-Building Mixed-Use Property

1915 Southeastern Avenue, Indianapolis, IN 46201

$750,000
0.45 AC lot

Separate buildings offer restaurant, office, and warehouse or service space on a single parcel.

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Two-Building Mixed-Use Property
Two-Building Mixed-Use Property

1915 Southeastern Ave, Indianapolis, IN 46201

$750,000
9,720 sqft

Includes a leased restaurant building and a larger multi-suite commercial building.

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Four-Unit Retail Property
Four-Unit Retail Property

3427 W Michigan Street, Indianapolis, IN 46222

$149,000
0.26 AC lot

C-3 zoning accommodates a range of commercial uses across four units on two parcels.

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Storefront Retail Building
Storefront Retail Building

3141 Kentucky Avenue, Indianapolis, IN 46221

Contact for pricing
0.25 AC lot

Established retail space with display shelving, central air, vinyl flooring, and an asphalt roof.

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Automotive Repair Shop with Paint Booth
Automotive Repair Shop with Paint Booth

7086 Southeastern Ave, Indianapolis, IN 46239

$1,100,000
9,000 sqft

Automotive facility with dedicated repair, painting, office, and equipment areas plus front and rear vehicle access.

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Two-Story Storefront Building
Two-Story Storefront Building

517 E Walnut Street, Indianapolis, IN 46202

$2,500,000
0.08 AC lot

C4-zoned commercial property with basement space and flexibility for retail, office, food and beverage, or service uses.

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Standalone Storefront Building
Standalone Storefront Building

2102 N Arlington Avenue, Indianapolis, IN 46218

$1,250,000
0.43 AC lot

C-4 zoning and a corner parcel distinguish this commercial property on N Arlington Avenue.

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Mixed-Use Property with Office Space
Mixed-Use Property with Office Space

4903 S High School, Indianapolis, IN 46221

$556,000
8,064 sqft 1.15 AC lot

C4-zoned building combines a remodeled office area, open hall, and additional commercial spaces.

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Commercial Land with Existing Building
Commercial Land with Existing Building

2828 E 10th Street, Indianapolis, IN 46201

$450,000
0.38 AC lot

Three adjoining parcels include an existing building, on-site parking, and electric, gas, sewer, and water service.

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Renovated Multi-Tenant Warehouse
Renovated Multi-Tenant Warehouse

3031 South Holt Road, Indianapolis, IN 46221

$795,000
10,000 sqft

Renovated industrial space with C5 zoning and automotive uses permitted.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

517 E Walnut St, Indianapolis, IN 46202

$2,500,000
9,400 sqft

C4 zoning supports office, retail, food and beverage, personal service, and healthcare uses.

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Retail Storefront Property
Retail Storefront Property

1043 N Girls School Rd, Indianapolis, IN 46214

$1,200,000
5,400 sqft

Established retail setup with on-site parking and a prominent commercial storefront presence.

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Office Building with First-Floor Retail
Office Building with First-Floor Retail

1213 North Arlington Avenue, Indianapolis, IN 46219

$1,650,000
32,036 sqft

Full building includes approximately 25,000 SF of office space and 7,000 SF of first-floor retail.

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Broad Ripple Commercial Opportunity
Broad Ripple Commercial Opportunity

710 E 52nd St, Indianapolis, IN 46205

$890,000
4,672 sqft 0.25 AC lot

Value-add commercial building in Broad Ripple with parking.

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Shopping Center with Road Visibility
Shopping Center with Road Visibility

2915 N German Church Rd, Indianapolis, IN 46229

$1,850,000
12,104 sqft

Commercial footprint positioned near retail, dining, residential, and transportation amenities.

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Indianapolis, IN Retail Properties & Spaces Market Trends and Statistics

Explore 115 retail properties & spaces for sale in Indianapolis, IN, showcased through 115 active listings on our real estate platform. These investment opportunities span a total of 662,980 square feet of properties for sale, with an estimated market value of $55,177,285.

Sale prices for stores in Indianapolis, IN start at $149,000, averaging $1,081,907, and reaching up to $3,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 87
Shopping centers 59
Automotive properties 26
Auto shops 17
Grocery and convenience stores 17

Demographics Overview

Population 979K
Population Growth (5Y) +2.8%
Median Household Income $67,417
College Educated 30.4%

High-Yield Neighborhoods for Investment

Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46222 $149K
46225 $231K
46201 $340K
46208 $349K
46237 $444K

Taxes & Financing

Tax Rate (average for all types) 2.46%
Property Tax per SF $41.61 per SF
Tax Rate vs County Average 0.02 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

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