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    Indianapolis, IN Shopping Centers for Sale

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    Beech Grove, IN Speedway, IN Lawrence, IN
    10 results
    Indianapolis Retail Shopping Center Opportunity
    $3,800,000
    56,556 SF

    Indianapolis Retail Shopping Center Opportunity

    1107 N Arlington Avenue, Indianapolis, IN 46219

    Value-add retail center with high cap rate potential.

    • Potential for over a 9.00% cap rate.
    • 56,556 square feet of retail space in two buildings on 5.36 acres.
    • Expansive 141,540‑square‑foot parking area.
    • Updated in 2017.
    • Excellent visibility and strong traffic exposure.
    Updated: Mar 25
    View details
    Modern Retail Center in Indianapolis
    $5,250,000
    12,277 SF

    Modern Retail Center in Indianapolis

    8220 E 106th St, Indianapolis, IN 46256

    Stabilized retail center in a high-growth Indianapolis submarket.

    • Long‑term cash flow with potential to increase investor yields.
    • Located in a rapidly growing and desirable suburban retail submarket of Hamilton County, Indiana.
    • Modern neighborhood shopping center built in 2018.
    • Strategically positioned in a high‑visibility location on the 106th Street roundabout at Crosspoint Boulevard, just west of I‑69.
    • Fully occupied by four tenants.
    Updated: Feb 2
    View details
    Indianapolis Retail Investment Opportunity
    $4,300,000
    31,124 SF

    Indianapolis Retail Investment Opportunity

    31,124 SF retail building in Indianapolis for sale.

    6302 E 82nd St, Indianapolis, IN
    View details
    Retail Property on 38th Street
    $599,000
    8,481 SF

    Retail Property on 38th Street

    Retail property with high visibility and ample parking.

    3749-3757 E 38th St, Indianapolis, IN
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    Retail Space with High Exposure
    Contact for pricing
    19,172 SF

    Retail Space with High Exposure

    Retail property with high traffic and multiple access points.

    6935 Lake Plaza Dr, Indianapolis, IN
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    Leased Retail Center Near Meridian-Kessler
    Contact for pricing
    12,352 SF

    Leased Retail Center Near Meridian-Kessler

    Fully leased retail center in desirable Indianapolis location.

    4901 N Pennsylvania St, Indianapolis, IN
    View details
    Fully Leased Retail Center
    $1,200,000
    12,840 SF

    Fully Leased Retail Center

    Retail center with additional land, conveniently located and fully leased.

    4202 W 56th St, Indianapolis, IN
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    Retail Strip Center For Sale
    $1,750,000
    21,646 SF

    Retail Strip Center For Sale

    Neighborhood strip center with high traffic and visibility.

    3805 S East St, Indianapolis, IN
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    Kroger-Anchored Shopping Center For Sale
    Contact for pricing
    61,469 SF

    Kroger-Anchored Shopping Center For Sale

    97% occupied shopping center anchored by Kroger.

    5173 West Washington Street, Indianapolis, IN 46241
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    Retail Center with Established Tenants
    $3,750,000
    5,936 SF

    Retail Center with Established Tenants

    Retail property with Starbucks, Subway, and other established tenants.

    1950 Kessler Blvd W Dr, Indianapolis, IN 46228
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Greenfield Shopping Center with Auto Repair
    $3,800,000
    39,097 SF

    Greenfield Shopping Center with Auto Repair

    Shopping center with auto repair shop on 5.1 acres.

    1244 W Main Street, Greenfield, IN 46140
    View details
    Fully Leased Retail Center
    $6,377,592
    33,090 SF

    Fully Leased Retail Center

    Fully leased retail center near Hancock Health Hospital.

    1029-1051 N State St, Greenfield, IN
    View details
    Retail Strip Center in Plainfield
    $1,690,000
    7,564 SF

    Retail Strip Center in Plainfield

    Prime retail strip center with six units, all currently leased.

    2028 Stafford Road, Plainfield, IN 46168
    View details
    Plainfield Retail Center For Sale
    Contact for pricing
    41,652 SF

    Plainfield Retail Center For Sale

    Retail property in Plainfield, Indiana, offered for sale.

    160 PLAINFIELD VILLAGE DR, Plainfield, IN
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Carmel Retail Outlots on 146th
    Contact for pricing
    2.70 Acres

    Carmel Retail Outlots on 146th

    2.7± acres available in a walkable, connected community.

    7249 E 146th St, Carmel, IN 46033
    View details
    Prime Land Parcel in Plainfield
    $1,995,000
    2.72 Acres

    Prime Land Parcel in Plainfield

    2.72 acre commercial land parcel in Plainfield, Indiana.

    1771 Quaker Boulevard, Plainfield, IN 46168
    View details
    9.5-Acre Development Opportunity in Avon
    $3,600,000
    9.50 Acres

    9.5-Acre Development Opportunity in Avon

    Premier land parcel for mixed-use, retail, or multifamily development.

    5283 East Main Street, Avon, IN 46123
    View details
    Noblesville Land Parcel For Sale
    $1,799,000
    2.20 Acres

    Noblesville Land Parcel For Sale

    2.2-acre parcel zoned PB in high-visibility Noblesville corridor.

    4844 Conner Street, Noblesville, IN 46060
    View details

    Off-Market Properties in Indianapolis, IN

    Consider similar Off-Market properties in Indianapolis, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    7480 Michigan Rd
    SHOPPING CENTER, STRIP CENTER
    5,600 SF Lot: 0.80 Acres
    Value Estimation by Request

    7480 Michigan Rd, Indianapolis, IN 46268-2391

    View details
    8511 Madison Ave
    SHOPPING CENTER, STRIP CENTER
    8,970 SF Lot: 1.02 Acres
    Value Estimation by Request

    8511 Madison Ave, Indianapolis, IN 46227-6118

    View details
    711 Thompson Rd
    SHOPPING CENTER, STRIP CENTER
    19,408 SF Lot: 1.89 Acres
    Value Estimation by Request

    711 Thompson Rd, Indianapolis, IN 46227-8408

    View details
    6001 Massachusetts Ave
    SHOPPING CENTER, STRIP CENTER
    4,606 SF Lot: 0.30 Acres
    Value Estimation by Request

    6001 Massachusetts Ave, Indianapolis, IN 46226-5668

    View details
    1801 Shadeland Ave
    SHOPPING CENTER, STRIP CENTER
    9,630 SF Lot: 0.87 Acres
    Value Estimation by Request

    1801 Shadeland Ave, Indianapolis, IN 46219-2735

    View details
    9060 Crawfordsville Rd
    SHOPPING CENTER, STRIP CENTER
    5,000 SF Lot: 0.62 Acres
    Estimated value
    $500,000

    9060 Crawfordsville Rd, Indianapolis, IN 46234-1597

    View details
    7201 10th St
    WHOLESALE OUTLET, DISCOUNT STORE
    14,981 SF Lot: 1.48 Acres
    Estimated value
    $1,215,000

    7201 10th St, Indianapolis, IN 46214-3565

    View details
    8921 Us 31
    WHOLESALE OUTLET, DISCOUNT STORE
    35,552 SF Lot: 2.93 Acres
    Estimated value
    $1,505,000

    8921 Us 31, Indianapolis, IN 46227-6255

    View details
    5050 38th St
    SHOPPING CENTER, STRIP CENTER
    8,458 SF Lot: 0.76 Acres
    Value Estimation by Request

    5050 38th St, Indianapolis, IN 46218-8301

    View details
    10030 Washington St
    SHOPPING CENTER, STRIP CENTER
    51,948 SF Lot: 5.25 Acres

    10030 Washington St, Indianapolis, IN 46229-2668

    View details
    5411 Washington St
    SHOPPING CENTER, STRIP CENTER
    13,480 SF Lot: 0.92 Acres
    Value Estimation by Request

    5411 Washington St, Indianapolis, IN 46241-2124

    View details
    6117 Washington St
    SHOPPING CENTER, STRIP CENTER
    7,647 SF Lot: 0.44 Acres
    Value Estimation by Request

    6117 Washington St, Indianapolis, IN 46219-6618

    View details
    6400 Washington St
    SHOPPING CENTER, STRIP CENTER
    52,846 SF Lot: 15.74 Acres
    Estimated value
    $1,605,000

    6400 Washington St, Indianapolis, IN 46219

    View details
    5520 Madison Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    25,309 SF Lot: 2.79 Acres
    Estimated value
    $640,000

    5520 Madison Ave, Indianapolis, IN 46227-4669

    View details

    Indianapolis, IN Shopping Centers Investment Opportunities Market Analysis

    Explore 72 shopping centers for sale in Indianapolis, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 148,860 square feet of properties for sale, with an estimated market value of $20,649,000.

    Sale prices for plazas in Indianapolis, IN start at $599,000, averaging $2,949,857, and reaching up to $5,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Shopping centers 85
    Automotive properties 36
    Storefront properties 21
    Auto shops 14
    Gas stations 8

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46228 $3.8M
    46219 $3.8M
    46256 $5.3M

    Taxes & Financing

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

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46219
    • 46228
    • 46241
    • 46256

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