• Property Type
  • Retail, Commercial Sale
  • 21300 Sqft
  • Area Size
5450 W 86th Street, Indianapolis, IN 46268
  • $2,500,000
  • $2,500,000

Description

This 3.05-acre property presents a fantastic value-add opportunity with both retail and industrial components, offering versatility and potential for increased returns. The retail site, zoned C4, consists of 15,000 square feet and is currently configured with 8 units, with the potential to be converted into 9 units. Most spaces are built out but would benefit from CAPEX improvements to modernize and maximize rental income. The industrial building, zoned I4, offers 6,300 square feet and is ideal for various industrial uses, providing flexibility for owner-users or tenants. This property is perfect for investors looking to enhance value through renovations and lease-up strategies. With strong zoning designations and ample space for improvements, this site is ready for its next phase of growth!

  • Address: 5450 W 86th Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46268

Details

Updated on December 24, 2025 at 12:29 pm
  • Property ID 22033393
  • Price $2,500,000
  • Property Size 21300 Sqft
  • Land Area 3.05 Acres
  • Garage Size x x
  • Year Built 1986
  • Property Type Retail, Commercial Sale
  • Property Status Active

Additional details

  • Roof Flat
  • Utilities Electricity Connected,Sewer Connected,Water Connected
  • Cooling Central Air
  • Heating Natural Gas
  • County Marion
  • Property Type Commercial Sale
  • Parking Asphalt,Concrete
  • Middle School Pike Central Middle School
  • High School Pike Central High School

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Contact Information

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Preeti Chaggar

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