Indianapolis, IN Storefront Properties for Sale

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Updated: Jul 19, 2025

Historic Victorian Bar Property

1640 Prospect Street, Indianapolis, IN 46203

$699,000

4,379 sqft

Package includes 5 parcels totaling just under 1 acre in Fountain Square, Indianapolis.
Nationally registered historic bar room is included in the main structure package.
Includes a 60x40 metal barn.
On‑site 2‑bed, 2‑bath residence included in the parcel package.
Also includes vacant C4‑zoned lots as part of the 5‑parcel package.

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1640 Prospect Street, Indianapolis, IN 46203

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Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$55K
Annual
Price @ 7% Cap

$781K
Above asking
Property Type

Commercial (General)
Built 1885

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Updated: Aug 15

Commercial Shopping Center

2915 N German Church Road, Indianapolis, IN 46229

$1,850,000

3.48 AC lot

3.48‑acre commercial property
DP zoning
Built in 2005
2915 N German Church Road, Indianapolis, IN 46229
Located in the Far Eastside retail corridor

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Freestanding Day Care Center

5040 E Thompson Road, Indianapolis, IN 46237

$338,000

0.27 AC lot

C-4-zoned facility with a fenced outdoor play area and flexibility for neighborhood-serving commercial uses.

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Standalone Corner Retail Building

2102 N Arlington Avenue, Indianapolis, IN 46218

$1,250,000

0.43 AC lot

C-4 zoning supports retail, office, automotive, convenience, and redevelopment uses.

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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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Four-Unit Storefront Property

3427 W Michigan Street, Indianapolis, IN 46222

$149,000

0.26 AC lot

C-3 zoning and as-is condition define a renovation-focused commercial project.

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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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Fenced C3 Commercial Land

2828 E 10th Street, Indianapolis, IN 46201

$450,000

0.38 AC lot

Three-parcel site along East 10th Street with C3 zoning and an Opportunity Zone designation.

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Dollar General NNN Property

3209 E Thompson Rd, Indianapolis, IN 46227

$729,000

8,995 sqft

Commercial property occupied by Dollar General in Indianapolis, Indiana.

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MU-2 Commercial Land

200 S State Avenue, Indianapolis, IN 46201

$150,000

0.10 AC lot

MU-2-zoned parcel near downtown Indianapolis with options for individual acquisition or multi-parcel assembly.

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Corner Commercial Land

1401 S Meridian Street, Indianapolis, IN 46225

$72,900

0.12 AC lot

Level corner parcel with frontage on two city streets and utilities already in place.

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Mixed-Use Investment Building

536 E Market Street, Indianapolis, IN 46204

$3,900,000

20,000 sqft

Well-maintained mixed-use property with elevator, dry sprinkler system, LED lighting, and parking, zoned CBD-2 for retail, office, or multifamily.

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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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4-Unit Storefront Property

3427 W Michigan Street, Indianapolis, IN 46222

$149,000

6,022 sqft 0.26 AC lot

Four-unit commercial building requiring significant improvements and offered in as-is condition.

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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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Retail Redevelopment Site with Frontage

2828 E 10th Street, Indianapolis, IN 46201

$500,000

6,644 sqft 0.38 AC lot

Three-parcel retail/commercial redevelopment site in an Opportunity Zone with high visibility, wide frontage, and ample parking.

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Commercial Land with MU-2 Zoning

200 S State Ave, Indianapolis, IN 46201

$150,000

1,550 sqft

The property includes an existing building constructed in 1925 and a shared driveway.

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C-5 Storefront Retail Building

6103 Massachusetts Ave, Indianapolis, IN 46226

Contact for pricing

5,450 sqft 0.77 AC lot

Commercial building with retail frontage, office or service potential, and a multi-tenant configuration under C-5 zoning.

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Remodeled Two-Tenant Storefront

1121 E Troy Avenue, Indianapolis, IN 46203

$1,000,000

3,828 sqft

C-5 zoning supports retail, office, and auto-related operations.

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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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Three-Story Retail Building with Frontage

615 North East Street, Indianapolis, IN 46202

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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

2002 North Arlington Avenue, Indianapolis, IN 46218

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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

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.

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Two-Story Mixed-Use Property

3363 Central Avenue, Indianapolis, IN 46205

$400,000

6,720 sqft

Two-story commercial building with Commercial zoning and a mixed-use classification.

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Indianapolis, IN Storefront Properties Market Trends and Statistics

Explore 72 storefront properties for sale in Indianapolis, IN, showcased through 65 active listings on our real estate platform. These investment opportunities span a total of 366,625 square feet of properties for sale, with an estimated market value of $28,000,800.

Sale prices for retail units in Indianapolis, IN start at $72,900, averaging $1,076,953, 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

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
46208	$55K
46237	$196.5K
46222	$255.8K
46218	$275K
46201	$366.7K

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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