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    Indianapolis, IN
    Strip Mall

    Indianapolis, IN Strip Malls for Sale

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    Shopping Center
    Updated: Aug 15
    Shopping Center

    2915 N German Church Road, Indianapolis, IN 46229

    $1,850,000
    3.48 AC lot
    3.48‑acre commercial site
    Built in 2005
    DP zoning
    2915 N German Church Road, Indianapolis, IN 46229
    View details
    Zoned Retail and Strip Center Building
    Updated: Jul 13
    Zoned Retail and Strip Center Building

    5411 West Washington Street, Indianapolis, IN 46241

    Contact for pricing
    13,480 sqft
    13,480 SF commercial building built in 1961
    5411 W Washington St retail/strip center opportunity
    Zoned C5
    Suitable for retail or strip center use
    View details
    Leased Retail Center Near Meridian-Kessler
    Leased Retail Center Near Meridian-Kessler

    4901 N Pennsylvania St, Indianapolis, IN

    Contact for pricing
    12,352 sqft 0.81 AC lot

    Fully leased retail center in desirable Indianapolis location.

    View details
    See hot listings in Indianapolis

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 3 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

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

    Three-Unit Corner Strip Center
    Three-Unit Corner Strip Center

    329 E 13th St, Anderson, IN 46016

    $220,000
    3,276 sqft

    C-1-zoned commercial property with one renovated unit and two spaces offering renovation potential.

    View details
    3-Unit Corner Strip Mall
    3-Unit Corner Strip Mall

    329 E 13th Street, Anderson, IN 46016

    $220,000
    0.08 AC lot

    C-1-zoned commercial property with one renovated unit and two spaces suited for renovation.

    View details
    Six-Unit Strip Center
    Six-Unit Strip Center

    2028 Stafford Road, Plainfield, IN 46168

    $1,690,000
    7,564 sqft

    The fully occupied retail property offers visibility along State Road 267 and access from Stafford Road.

    View details
    Leased Retail Strip Center
    Leased Retail Strip Center

    2028 Stafford Road, Plainfield, IN 46168

    $1,690,000
    0.40 AC lot

    Retail-zoned center with full occupancy, refreshed exterior finishes, and access from Stafford Road.

    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

    7480 Michigan Rd, Indianapolis, IN 46268-2391

    Estimated value:
    $225,000
    5,600 sqft 0.80 AC lot
    View details
    8511 Madison Ave
    SHOPPING CENTER, STRIP CENTER

    8511 Madison Ave, Indianapolis, IN 46227-6118

    Estimated value:
    $330,000
    8,970 sqft 1.02 AC lot
    View details
    711 Thompson Rd
    SHOPPING CENTER, STRIP CENTER

    711 Thompson Rd, Indianapolis, IN 46227-8408

    Estimated value:
    $240,000
    19,408 sqft 1.89 AC lot
    View details
    6001 Massachusetts Ave
    SHOPPING CENTER, STRIP CENTER

    6001 Massachusetts Ave, Indianapolis, IN 46226-5668

    Estimated value:
    $250,000
    4,606 sqft 0.30 AC lot
    View details
    1801 Shadeland Ave
    SHOPPING CENTER, STRIP CENTER

    1801 Shadeland Ave, Indianapolis, IN 46219-2735

    Estimated value:
    $265,000
    9,630 sqft 0.87 AC lot
    View details
    9060 Crawfordsville Rd
    SHOPPING CENTER, STRIP CENTER

    9060 Crawfordsville Rd, Indianapolis, IN 46234-1597

    Estimated value:
    $485,000
    5,000 sqft 0.62 AC lot
    View details
    5050 38th St
    SHOPPING CENTER, STRIP CENTER

    5050 38th St, Indianapolis, IN 46218-8301

    Estimated value:
    $240,000
    8,458 sqft 0.76 AC lot
    View details
    10030 Washington St
    SHOPPING CENTER, STRIP CENTER

    10030 Washington St, Indianapolis, IN 46229-2668

    Estimated value:
    $830,000
    51,948 sqft 5.25 AC lot
    View details
    5411 Washington St
    SHOPPING CENTER, STRIP CENTER

    5411 Washington St, Indianapolis, IN 46241-2124

    Estimated value:
    $250,000
    13,480 sqft 0.92 AC lot
    View details
    6117 Washington St
    SHOPPING CENTER, STRIP CENTER

    6117 Washington St, Indianapolis, IN 46219-6618

    Estimated value:
    $225,000
    7,647 sqft 0.44 AC lot
    View details
    6400 Washington St
    SHOPPING CENTER, STRIP CENTER

    6400 Washington St, Indianapolis, IN 46219

    Estimated value:
    $1,605,000
    52,846 sqft 15.74 AC lot
    View details
    8820 Emerson Ave
    SHOPPING CENTER, STRIP CENTER

    8820 Emerson Ave, Indianapolis, IN 46237-9529

    Estimated value:
    $215,000
    0.31 AC lot
    View details
    5450 Emerson Way
    SHOPPING CENTER, STRIP CENTER

    5450 Emerson Way, Indianapolis, IN 46226-1408

    Estimated value:
    $435,000
    23,702 sqft 1.99 AC lot
    View details
    1158 86th St
    SHOPPING CENTER, STRIP CENTER

    1158 86th St, Indianapolis, IN 46260-2257

    Estimated value:
    $630,000
    20,780 sqft 2.11 AC lot
    View details
    7522 Shadeland Ave
    SHOPPING CENTER, STRIP CENTER

    7522 Shadeland Ave, Indianapolis, IN 46250-2066

    Estimated value:
    $390,000
    25,184 sqft 0.76 AC lot
    View details
    8796 Michigan Rd
    SHOPPING CENTER, STRIP CENTER

    8796 Michigan Rd, Indianapolis, IN 46268-1123

    Estimated value:
    $330,000
    15,097 sqft 1.87 AC lot
    View details
    4202 56th St
    SHOPPING CENTER, STRIP CENTER

    4202 56th St, Indianapolis, IN 46254-4963

    Estimated value:
    $285,000
    12,840 sqft 2.28 AC lot
    View details
    6929 38th St
    SHOPPING CENTER, STRIP CENTER

    6929 38th St, Indianapolis, IN 46254-3905

    Estimated value:
    $280,000
    7,781 sqft 0.28 AC lot
    View details
    2816 38th St
    SHOPPING CENTER, STRIP CENTER

    2816 38th St, Indianapolis, IN 46218-1230

    Estimated value:
    $290,000
    17,058 sqft 1.15 AC lot
    View details
    49 Franklin Rd
    SHOPPING CENTER, STRIP CENTER

    49 Franklin Rd, Indianapolis, IN 46219-6805

    Estimated value:
    $295,000
    13,100 sqft 0.84 AC lot
    View details
    5999 Crawfordsville Rd
    SHOPPING CENTER, STRIP CENTER

    5999 Crawfordsville Rd, Indianapolis, IN 46224-3707

    Estimated value:
    $240,000
    6,400 sqft 0.69 AC lot
    View details

    Indianapolis, IN Strip Malls Market Trends and Statistics

    Explore 72 strip malls for sale in Indianapolis, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,832 square feet of properties for sale, with an estimated market value of $1,850,000.

    Sale prices for retail strips in Indianapolis, IN average $1,850,000 — 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 58
    Automotive properties 25
    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%

    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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    Popular Searches in Indianapolis, IN

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46229
    • 46241

    Featured Indianapolis Real Estate Agencies

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

    RE/MAX Advanced Realty
    9011 N Meridian St #200 Indianapolis, IN 46260
    Phone: (317) 298-0961
    www.northindianapolishomesource.com
    Advanced Realty, LLC
    2611 Waterfront Parkway E. Dr. #225 Indianapolis, IN 46214
    Phone: (317) 298-0961
    www.indianapolisrealestate.com
    Highgarden Real Estate
    8200 Haverstick Rd., Suite 100 Indianapolis, IN 46240
    Phone: (317) 280-4663
    www.highgarden-indianapolis.com
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