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    Hamilton County, IN Retail Space for Sale

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    Retail and Industrial Value-Add Opportunity
    Updated: Apr 17, 2025
    Retail and Industrial Value-Add Opportunity

    5450 W 86th St, Indianapolis, IN 46268

    $2,500,000
    15,000 sqft 3.05 AC lot
    3.05‑acre property with both retail and industrial components.
    Retail site (15,000 sq ft) zoned C4 with potential for 9 units.
    Industrial building (6,300 sq ft) zoned I4 suitable for various industrial uses.
    Value‑add opportunity through CAPEX improvements to modernize retail units.
    Potential for increased rental income through renovations and lease‑up strategies.
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    This listing looks promising.

    Here's a quick look at some key insights for

    5450 W 86th St, Indianapolis, IN, 46268-1502

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    • Est. Cap Rate

      7.3%
      Above avg (5.9%)

    • Est. NOI

      $182K
      Annual

    • Price @ 7% Cap

      $2.6M
      Above asking

    • Property Type

      Neighborhood: Shopping Center, Strip Center, Enterprise Zone
      Built 1986
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    Hard-Corner Retail/Office Building
    Updated: Apr 25
    Hard-Corner Retail/Office Building

    5243 Rockville Road, Indianapolis, IN 46224

    $550,000
    0.31 AC lot
    4,524 SF building on a hard corner at Rockville Road & Lynnhurst
    C‑3 zoning supports a range of uses including neighborhood retail, professional services, restaurant concepts, and personal care businesses
    Over 20,000 cars per day along the corridor for strong traffic exposure
    On‑site parking with excellent frontage for accessibility
    Utilities include natural gas available
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    Elevator-Served Mixed-Use Building
    Elevator-Served Mixed-Use Building

    536 E Market Street, Indianapolis, IN 46204

    $3,900,000
    0.91 AC lot

    Well-maintained mixed-use building in CBD-2 with elevator service, dry sprinkler system, and on-site parking for tenants and visitors.

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    Single-Story Office Building with Signage
    Single-Story Office Building with Signage

    727 E Main Street, Westfield, IN 46074

    $1,800,000
    0.64 AC lot

    Single-story office building with 18-foot clear ceiling heights, flex zoning, and monument signage for Main Street visibility.

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    Corner Two-Tenant Retail and Auto Site
    Corner Two-Tenant Retail and Auto Site

    1121 E Troy Avenue, Indianapolis, IN 46203

    $1,000,000
    0.74 AC lot

    Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.

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    Four-Unit Retail Value-Add Property
    Four-Unit Retail Value-Add Property

    3427 W Michigan Street, Indianapolis, IN 46222

    $149,000
    0.26 AC lot

    Four-unit retail asset on two parcels along a heavily traveled corridor, offered as-is and requiring significant improvements.

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    Two-Building Flex and Restaurant Property
    Two-Building Flex and Restaurant Property

    1915 Southeastern Avenue, Indianapolis, IN 46201

    $750,000
    0.45 AC lot

    Two commercial buildings on one parcel, including a leased restaurant space with office and warehouse options.

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    Standalone Retail and Auto Building
    Standalone Retail and Auto Building

    2102 N Arlington Avenue, Indianapolis, IN 46218

    $1,250,000
    0.43 AC lot

    Standalone corner building on N Arlington Ave with C-4 zoning and parking for a range of retail or automotive uses.

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    Zoned C4 Two-Story Building
    Zoned C4 Two-Story Building

    517 E Walnut Street, Indianapolis, IN 46202

    $2,500,000
    0.08 AC lot

    A C4 two-story building with a full basement offers flexible space for office, retail, and healthcare uses.

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    MU2 Zoned Corner Retail Building
    MU2 Zoned Corner Retail Building

    200 S State Avenue, Indianapolis, IN 46201

    $150,000
    0.10 AC lot

    MU-2 zoning offers flexible redevelopment options for retail, mixed-use, or live/work concepts.

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    Freestanding Retail/Flex Building on 82nd
    Freestanding Retail/Flex Building on 82nd

    6609 E 82nd St, Indianapolis, IN 46250

    $2,100,000
    19,600 sqft 1.34 AC lot

    19,600 SF retail/flex building with excellent connectivity.

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    Mixed-Use Retail and Industrial Property
    Mixed-Use Retail and Industrial Property

    5450 W 86th Street, Indianapolis, IN 46268

    $2,500,000
    3.05 AC lot

    A combined retail and industrial site with zoning for multiple uses and room for unit reconfiguration.

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    NNN-Leased Dollar General Retail
    NNN-Leased Dollar General Retail

    2120 West Morris Street, Indianapolis, IN 46221

    $1,045,605
    11,902 sqft

    Dollar General retail property offered under a net lease structure in Indianapolis, Indiana.

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    Freestanding Auto Service Building
    Freestanding Auto Service Building

    8530 Center Run Rd, Indianapolis, IN

    $599,900

    Turnkey freestanding auto service property with renovation, C-4 zoning, and direct access off a major corridor.

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    Downtown Retail Investment Opportunity
    Downtown Retail Investment Opportunity

    141 S Meridian St, Indianapolis, IN 46225

    $7,000,000
    13,110 sqft

    Two-tenant retail condos in Indianapolis' central business district.

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    Renovated Office and Retail Space
    Renovated Office and Retail Space

    10291 N Meridian St, Indianapolis, IN

    $3,250,000
    4,979 sqft 4.22 AC lot

    Newly renovated office and retail spaces available in Indianapolis.

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    Prime Retail Location in Indianapolis
    Prime Retail Location in Indianapolis

    7202 Michigan Rd, Indianapolis, IN 46268

    $2,890,000
    10,125 sqft 1.02 AC lot

    High-traffic retail property with strong demographics and national retailer adjacency.

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    Development Land with Existing Buildings
    Development Land with Existing Buildings

    10511 Greenfield Avenue, Noblesville, IN 46060

    $1,750,000
    10.40 AC lot

    Special purpose-zoned development land featuring an existing 15,500 SF building and multiple ancillary buildings on a 10-acre parcel.

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    Retail Building with Rear Dock
    Retail Building with Rear Dock

    1309 S High School Road, Indianapolis, IN 46241

    $875,000
    0.33 AC lot

    Zoned for retail with a flexible layout, two entrances, and rear loading for efficient customer and tenant operations.

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    Fountain Square Commercial Building
    Fountain Square Commercial Building

    860 Virginia Avenue, Indianapolis, IN 46203

    $2,250,000
    9,872 sqft

    Freestanding building in active commercial area with high visibility.

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    Restaurant Ready Commercial Spot
    Restaurant Ready Commercial Spot

    720 E 38th St, Indianapolis, IN 46205

    $199,900
    0.26 AC lot

    High-visibility commercial spot, turnkey-ready with ample parking.

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    Indianapolis Retail/Commercial Building For Sale
    Indianapolis Retail/Commercial Building For Sale

    3702 West 16th Street, Indianapolis, IN 46222

    $299,000
    6,420 sqft

    6,420 SF building near Indianapolis Motor Speedway with C-4 zoning.

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    Retail or Restaurant Space Available
    Retail or Restaurant Space Available

    5299 E 38th St, Indianapolis, IN

    $650,000
    2,540 sqft 0.60 AC lot

    2,540 SF building suitable for retail or restaurant use.

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    Retail and Office Space Available
    Retail and Office Space Available

    12-18 N Delaware St, Indianapolis, IN

    $1,390,000
    5,354 sqft 0.08 AC lot

    Retail and office spaces for lease with redevelopment potential.

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    Hamilton County, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Hamilton County, IN, showcased through 54 active listings on our real estate platform. These investment opportunities span a total of 154,557 square feet of properties for sale, with an estimated market value of $48,908,749.

    Sale prices for retail space in Hamilton County, IN start at $169,000, averaging $2,328,988, and reaching up to $8,840,000 — 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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