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    Indianapolis, IN Strip Malls for Sale

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    Beech Grove, IN Speedway, IN Lawrence, IN
    Occupied Retail Strip Center
    $2,240,000
    14,025 SF
    Occupied Retail Strip Center

    7020 Shore Terrace, Indianapolis, IN 46254

    For sale retail strip center in Indianapolis with 100% occupancy and multiple income-producing spaces.
    • Retail strip center in Indianapolis built in 1985
    • 100% occupancy with multiple income‑producing spaces
    Updated: Jun 5
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    Strip Mall Retail Center
    $8,150,000
    24,597 SF
    Strip Mall Retail Center

    5868 East 71st Street, Indianapolis, IN 46220

    For sale retail shopping center offering storefront space in a strip-mall configuration.
    • Retail shopping center in a strip‑mall configuration
    • Storefront space available
    • Built in 1970
    Updated: Jun 1
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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

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    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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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

    Multi-Tenant Retail Building For Sale
    $1,500,000
    7,800 SF
    Multi-Tenant Retail Building For Sale

    7,800 SF retail building with existing tenants in Greenfield, IN.

    1789-1798 Melody Lane, Greenfield, IN

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    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

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    Plainfield Strip Center For Sale
    $1,550,000
    7,200 SF
    Plainfield Strip Center For Sale

    Prime strip center in Plainfield, Indiana, fully leased.

    2028 Stafford Rd, Plainfield, IN 46168

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    Plainfield Strip Center For Sale
    $1,690,000
    7,564 SF
    Plainfield Strip Center For Sale

    Prime strip center in Plainfield, fully leased with upside.

    2028 Stafford Road, Plainfield, IN 46168

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    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.

    Prime Commercial Land Opportunity
    $1,499,000
    3.00 Acres
    Prime Commercial Land Opportunity

    3.0± acres of C3-zoned commercial land in Fort Wayne.

    3916 Goshen Road, Fort Wayne, IN 46818

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    Fort Wayne Commercial Land Opportunity
    $1,499,000
    3.00 Acres
    Fort Wayne Commercial Land Opportunity

    3.0± acre commercial land for sale in Fort Wayne.

    3916 Goshen Road, Fort Wayne, IN 46818

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    Crawford County Land For Sale
    $525,000
    18.00 Acres
    Crawford County Land For Sale

    18 acres of commercial land near I-64 interchange.

    State Road 66, Leavenworth, IN 47137

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    Crawford County Land For Sale
    $525,000
    18.00 Acres
    Crawford County Land For Sale

    18 acres of commercial land near I-64 interchange.

    State Road 66, Leavenworth, IN 47137

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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

    10030 Washington St, Indianapolis, IN 46229-2668

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    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

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    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

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    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

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    8820 Emerson Ave
    SHOPPING CENTER, STRIP CENTER
    Lot: 0.31 Acres
    Value Estimation by Request

    8820 Emerson Ave, Indianapolis, IN 46237-9529

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    5450 Emerson Way
    SHOPPING CENTER, STRIP CENTER
    23,702 SF Lot: 1.99 Acres

    5450 Emerson Way, Indianapolis, IN 46226-1408

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    1158 86th St
    SHOPPING CENTER, STRIP CENTER
    20,780 SF Lot: 2.11 Acres
    Estimated value
    $630,000

    1158 86th St, Indianapolis, IN 46260-2257

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    7522 Shadeland Ave
    SHOPPING CENTER, STRIP CENTER
    25,184 SF Lot: 0.76 Acres
    Value Estimation by Request

    7522 Shadeland Ave, Indianapolis, IN 46250-2066

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    8796 Michigan Rd
    SHOPPING CENTER, STRIP CENTER
    15,097 SF Lot: 1.87 Acres
    Value Estimation by Request

    8796 Michigan Rd, Indianapolis, IN 46268-1123

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    4202 56th St
    SHOPPING CENTER, STRIP CENTER
    12,840 SF Lot: 2.28 Acres

    4202 56th St, Indianapolis, IN 46254-4963

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    6929 38th St
    SHOPPING CENTER, STRIP CENTER
    7,781 SF Lot: 0.28 Acres
    Value Estimation by Request

    6929 38th St, Indianapolis, IN 46254-3905

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    2816 38th St
    SHOPPING CENTER, STRIP CENTER
    17,058 SF Lot: 1.15 Acres
    Value Estimation by Request

    2816 38th St, Indianapolis, IN 46218-1230

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    Indianapolis, IN Strip Malls Investment Opportunities Market Analysis

    Explore 72 strip malls for sale in Indianapolis, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 34,486 square feet of properties for sale, with an estimated market value of $2,950,000.

    Sale prices for retail strips in Indianapolis, IN start at $1,200,000, averaging $1,475,000, and reaching up to $1,750,000 — 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 87
    Automotive properties 35
    Storefront properties 31
    Auto shops 14
    Parking lots & garages 9

    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.

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