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Brittany Woods at M.S.WOODS
5450 W 86th Street, Indianapolis, IN 46268
- $2,135,000
- 21,300
- SqFt
- Sold Price
- $2,135,000
- List Price
- $2,500,000
- Closing Date
- Aug 14, 2026
- MLS#
- 22033393
- Property Type
- Commercial Sale
- Sqft. of Residence
- 21,300
- Year Built
- 1986
- Days on Market
- 484
- Status
- SOLD
Property 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!
Additional Information
- Acres
- 3.05
- Heat
- Natural Gas
- Cooling
- Central Air
- Region
- Pike
Listing courtesy of Jason Alsup. eXp Realty, LLC
Selling Office: eXp Realty, LLC.How much is your home worth?
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.