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4044 N Keystone Ave
Indianapolis, IN 46205
Retail Property For Sale


Investment Highlights
- Standalone retail building located at a signalized intersection.
- Large pylon sign provides prominent business visibility.
- C-4 zoning supports a variety of commercial uses.
- Direct access from both Keystone Avenue and Millersville Road.
- Positioned along a corridor with approximately 25,551 vehicles per day.
- Surrounded by established residential neighborhoods and businesses.
Executive Summary
4044 North Keystone Avenue presents an opportunity to acquire a standalone retail property positioned at the signalized intersection of North Keystone Avenue and Millersville Road in Indianapolis. The property benefits from direct frontage and visibility along a well-traveled commercial corridor, providing strong exposure to daily vehicle traffic and convenient customer access from multiple directions.
The standalone building configuration offers owner-users and investors flexibility for a variety of retail, service, showroom, or commercial uses permitted under C-4 zoning. A large pylon sign enhances visibility and branding opportunities, while the signalized intersection location supports customer convenience and ease of ingress and egress. The surrounding area is supported by an established residential base, a substantial workforce population, and a diverse mix of businesses that contribute to ongoing commercial activity.
Within a five-mile radius, the property serves an area with a population of 267,780 residents, 17,189 businesses, and 183,850 employees. The location's proximity to major Indianapolis neighborhoods and employment centers further supports long-term occupancy potential and consumer demand. Whether positioned as an owner-occupied facility or investment asset, the property's visibility, accessibility, and established commercial setting provide a compelling opportunity within the Indianapolis market.
The standalone building configuration offers owner-users and investors flexibility for a variety of retail, service, showroom, or commercial uses permitted under C-4 zoning. A large pylon sign enhances visibility and branding opportunities, while the signalized intersection location supports customer convenience and ease of ingress and egress. The surrounding area is supported by an established residential base, a substantial workforce population, and a diverse mix of businesses that contribute to ongoing commercial activity.
Within a five-mile radius, the property serves an area with a population of 267,780 residents, 17,189 businesses, and 183,850 employees. The location's proximity to major Indianapolis neighborhoods and employment centers further supports long-term occupancy potential and consumer demand. Whether positioned as an owner-occupied facility or investment asset, the property's visibility, accessibility, and established commercial setting provide a compelling opportunity within the Indianapolis market.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,000 SF
Building Class
B
Year Built
1974
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
C4 - Community-Regional Commercial District
Parking
20 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
139’ on N Keystone Ave
Property Taxes
| Parcel Number | 49-07-18-107-017.000-801 | Improvements Assessment | $454,700 |
| Land Assessment | $26,900 | Total Assessment | $481,600 |
Property Taxes
Parcel Number
49-07-18-107-017.000-801
Land Assessment
$26,900
Improvements Assessment
$454,700
Total Assessment
$481,600
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