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    Indianapolis, IN Retail Space for Sale

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    62 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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    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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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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    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-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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    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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    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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    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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    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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    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.

    View details
    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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    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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    Vacant Retail Redevelopment Building
    Vacant Retail Redevelopment Building

    4173 N Keystone Ave, Indianapolis, IN 46205

    $550,000
    3,479 sqft 0.89 AC lot

    Vacant 3,479 SF retail building on a 0.89-acre parcel with excess outdoor land and C5 zoning for multiple commercial uses.

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    Brick Mixed-Use Property with Parking
    Brick Mixed-Use Property with Parking

    8140 Castleton Rd, Indianapolis, IN 46250

    $409,000
    1,949 sqft

    One-level layout includes multiple offices, a kitchen, separate bathrooms, and on-site parking.

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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
    18,500 sqft 1.34 AC lot

    18,500 SF retail/flex building with visibility on 82nd Street.

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    C5-Zoned Storefront Property
    C5-Zoned Storefront Property

    1012 Virginia Ave, Indianapolis, IN 46203

    $550,000
    2,000 sqft

    The building occupies a commercial corridor within Indianapolis’s Fountain Square Cultural District.

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    Commercial Land on Rockville Road
    Commercial Land on Rockville Road

    9057 Rockville Rd, Indianapolis, IN 46234

    $1,000,000
    33,324 sqft

    Land available for sale or lease on Rockville Road.

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    Retail Space with Heated Warehouse
    Retail Space with Heated Warehouse

    555 Fairfield Ave, Indianapolis, IN 46205

    Contact for pricing
    16,971 sqft

    Retail property with dedicated office space, dock access, on-site parking, and a fenced exterior area.

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    Prime Retail/Medical Land Opportunity
    Prime Retail/Medical Land Opportunity

    5901 E. Thompson Rd., Indianapolis, IN 46237

    $550,000
    2 sqft

    2.08 acres ideal for retail or medical development.

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    Three-Story Retail Building with Frontage
    Three-Story Retail Building with Frontage

    615 North East Street, Indianapolis, IN 46202

    Contact for pricing
    24,790 sqft

    Street-level and lower-level retail suites offer direct Massachusetts Avenue frontage in a cultural arts district setting.

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    Freestanding Storefront Building
    Freestanding Storefront Building

    2002 North Arlington Avenue, Indianapolis, IN 46218

    Contact for pricing
    9,200 sqft

    Freestanding retail space with on-site parking and access from a signalized? corner intersection

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    Retail Building with Rear Loading
    Retail Building with Rear Loading

    710 E 52nd St, Indianapolis, IN 46220

    Contact for pricing
    4,120 sqft 0.25 AC lot

    Retail building with a brand-new roof, rear garage/loading access, and eight on-site parking spaces.

    View details
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    Indianapolis, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Indianapolis, IN, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 399,298 square feet of properties for sale, with an estimated market value of $26,994,999.

    Sale prices for retail space in Indianapolis, IN start at $149,000, averaging $999,814, and reaching up to $2,500,000 — 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 86
    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 $275K
    46237 $444K
    46224 $550K
    46201 $600K

    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.

    How Realmo verifies these figures

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    Browse Retail space for Sale Near Indianapolis, IN

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46202
    • 46203
    • 46205
    • 46250
    • 46201
    • 46220
    • 46222
    • 46229
    • 46204
    • 46208
    • 46214

    Featured Indianapolis Real Estate Agencies

    Realmo connects you with licensed Indianapolis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Ron Cheeks Real Estate Group
    5397 E 38th St Indianapolis, IN 46218
    Phone: 13175427653
    www.speaktocheeks.com
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