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    Indianapolis, IN Retail Space for Sale

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    Freestanding Retail/Flex Building on 82nd
    Updated: Apr 30
    Freestanding Retail/Flex Building on 82nd

    6609 E 82nd St, Indianapolis, IN 46250

    $2,100,000
    19,600 sqft 1.34 AC lot
    High visibility location on 82nd Street.
    Excellent connectivity to I‑69/I‑465 interchange.
    19,600 SF freestanding retail/flex building.
    Two (2) drive‑in doors and a loading dock w/ leveler.
    Brand new roof on south portion of the building.
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    This listing looks promising.

    Here's a quick look at some key insights for

    6609 E 82nd St, Indianapolis, IN 46250

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    • Est. Cap Rate

      9.2%
      Above avg (5.9%)

    • Est. NOI

      $193K
      Annual

    • Mortgage

      $1M
      Jun 2022

    • Property Type

      Commercial Office (General)
      Built 1966
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    Elevator-Served Mixed-Use Building
    Updated: Jun 15
    Elevator-Served Mixed-Use Building

    536 E Market Street, Indianapolis, IN 46204

    $3,900,000
    0.91 AC lot
    Mixed‑use investment property with over 20,000 SF in Indianapolis
    Zoned CBD‑2, supporting a range of uses including retail, office, and multifamily development
    Tenants in place for immediate income
    Elevator service and dry sprinkler system
    LED lighting throughout and new AC units installed within the last 5 years
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    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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    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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    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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    Retail Redevelopment Site with Parking
    Retail Redevelopment Site with Parking

    2828 E 10th Street, Indianapolis, IN 46201

    $450,000
    0.38 AC lot

    C3-zoned, Opportunity Zone site across three parcels with ample parking, high visibility, and wide frontage at 2828 E 10th Street.

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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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    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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    Hard-Corner Retail and Office Building
    Hard-Corner Retail and Office Building

    5243 Rockville Road, Indianapolis, IN 46224

    $550,000
    0.31 AC lot

    4,524 SF building on a hard corner, zoned C3, with on-site parking and strong frontage on Rockville Road.

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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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    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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    Commercial Development Land with C-4 Zoning
    Commercial Development Land with C-4 Zoning

    3815 N Shadeland Avenue, Indianapolis, IN 46226

    $1,200,000
    2.41 AC lot

    C-4 zoned commercial site on 2.41 acres with a vacant house and strong traffic along Shadeland Ave.

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    Corner Development Land Zoned C3
    Corner Development Land Zoned C3

    1410 Roache Street, Indianapolis, IN 46208

    $30,000
    0.04 AC lot

    Westside double-lot commercial site in Riverside area, offered as a two-parcel package for C3 development.

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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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    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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    Neighborhood Retail/Office Building
    Neighborhood Retail/Office Building

    7423 E 82ND ST, Indianapolis, IN 46256

    $575,000
    1,566 sqft

    Single-story commercial building with approximately 120 feet of frontage and dedicated parking, positioned for neighborhood commercial uses.

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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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    Fountain Square Multi-Tenant Commercial Property
    Fountain Square Multi-Tenant Commercial Property

    1415 Shelby St, Indianapolis, IN 46203

    $1,300,000
    6,590 sqft

    Renovated 6,590 SF property with income and occupancy potential.

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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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    Retail Space For Sale
    Retail Space For Sale

    5010 E County Line Rd, Indianapolis, IN 46237

    $1,744,144
    2,176 sqft

    Retail space available, 2,176 SqFt, 5.55% CAP rate.

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    Zoned Retail and Strip Center Building
    Zoned Retail and Strip Center Building

    5411 West Washington Street, Indianapolis, IN 46241

    Contact for pricing
    13,480 sqft

    For-sale retail building built in 1961, zoned C5, suited for a retail or strip center.

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    Indianapolis, IN Retail Space Market Trends and Statistics

    Explore 72 retail space for sale in Indianapolis, IN, showcased through 50 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 Indianapolis, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 83
    Storefront properties 41
    Automotive properties 27
    Auto shops 11
    Gas stations 5

    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
    Camby $350K
    Indianapolis $2.4M

    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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    Most Searched ZIP Codes in Indianapolis, IN

    • 46202
    • 46203
    • 46268
    • 46250
    • 46201
    • 46204
    • 46222
    • 46225
    • 46237
    • 46205
    • 46208

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