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31827793
31827801

4173 North Keystone Avenue, Indianapolis, IN 46205

SG
AZ SA704287000
Matthews
AD
CA 02087057, AZ SA705467000
Matthews
MR
AZ SA718837000
Matthews
Listed by Matthews
$700,000
52 days on market
Updated 10 days ago

Owner-User Opportunity | Low Coverage

Details
Property Type Retail
Square Footage 3,479
Tenancy Vacant
Year Built 1971
Acreage 0.890
Zoning C5
Investment Type Owner/User
Ground Lease No

Retail | 3,479 SqFt

Marketing description

This property represents a vacant owner-user or redevelopment opportunity featuring a ±3,479 SF building situated on a 0.89-acre parcel. Located along the highly trafficked Keystone Avenue corridor, the property offers strong visibility and easy access to surrounding neighborhoods and businesses. The site is zoned C5 (Indianapolis), allowing for a wide range of commercial uses including automotive, retail, service, and redevelopment opportunities.

The property features a low site coverage ratio, with existing improvements covering only a small portion of the total site, providing significant excess land for outdoor storage, expansion, or redevelopment. The functional building size of ±3,479 SF is ideal for service retail, automotive users, showroom concepts, or adaptive reuse. The large land parcel of ±0.89 acres allows for ample parking, outdoor storage, or potential site reconfiguration.

Surrounded by dense residential neighborhoods and established local businesses generating consistent traffic, this property offers value-add potential with the opportunity to renovate, reposition, or redevelop the site to maximize long-term value.

Investment highlights

  • Vacant Owner-User or Redevelopment Opportunity - ±3,479 SF building situated on a 0.89-acre parcel offering flexibility for investors or owner-operators.
  • Prime Keystone Avenue Corridor - Located along a highly trafficked commercial corridor providing strong visibility and easy access to surrounding neighborhoods and businesses.
  • C5 Zoning (Indianapolis) - Allows for a wide range of commercial uses including automotive, retail, service, and redevelopment opportunities.
  • Low Site Coverage Ratio - Existing improvements cover a small portion of the total site, providing significant excess land for outdoor storage, expansion, or redevelopment.
  • Functional Building Size - ±3,479 SF structure ideal for service retail, automotive users, showroom concepts, or adaptive reuse.
  • Large Land Parcel - ±0.89 acres allows for ample parking, outdoor storage, or potential site reconfiguration.
  • Established Commercial Area - Surrounded by dense residential neighborhoods and established local businesses generating consistent traffic.
  • Value-Add Potential - Opportunity to renovate, reposition, or redevelop the site to maximize long-term value.

Listing Contacts

SG
AZ SA704287000
Matthews
AD
CA 02087057, AZ SA705467000
Matthews
MR
AZ SA718837000
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
RB17001213, RC52200195
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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