
Blue Flag Realty, Inc.
Listed by Blue Flag Realty, Inc.
$159,000
Commercial Office Building
Details
APN 490722105389000701
Property Type Retail, Office
Sub Type Convenience Store, Auto Shop
Square Footage 1,176
Net Rentable (SqFt) 1,176
Units 1
Tenancy Vacant
Class C
Year Built 1952
Year Renovated 2026
Buildings 1
Stories 1
Acreage 0.240
Zoning C3
Parking Spaces 25 spaces
Parking per 1,000 SqFt 21.26
Investment Type Redevelopment
Ground Lease No
Sale Condition For sale by owner
Retail | 1,176 SqFt
Marketing description
Commercial Office Building at 5707 E 38th St, Indianapolis, IN 46218 offers an affordable opportunity for owner-users and investors seeking a flexible commercial property in a high-visibility location. Priced at $159,000, this 1,176 SF single-story office sits on a 0.24-acre site with valuable C3 zoning, allowing for a wide range of business uses.
Recently renovated in 2026, the property features fresh interior paint and complete rewiring, creating an updated space ready for your business vision. Positioned along a city street with frontage road access and asphalt road surface, the site benefits from strong accessibility and exposure for daily traffic.
Ideal for entrepreneurs, small business operators, or investors looking to reposition a well-located asset, this property combines functionality, visibility, and upside potential. Utilities include electric with gas available. Whether you are launching a new venture, expanding operations, or adding to your portfolio, this Indianapolis office presents a compelling chance to secure a versatile commercial location at an attractive price point.
Property is offered as-is, with immediate potential for cosmetic enhancements and value-add improvements.
Listing Contacts

Blue Flag Realty, Inc.
Listed by Blue Flag Realty, Inc.
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Zoning
C3 CommercialNeighborhood CommercialNeighborhood Commercial District
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View all 152 uses Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics
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