5342 Elmwood Ave
Indianapolis, IN 46203

$1,606 - $7,200 USD/MO

Unknown For Lease • 1,285+ SF

Property Details

Property Type Unknown
Year Built 1986

0 Transit Score

37 Walk Score

3 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste	Office	1,285 SF	$15.00 USD/SF/YR
Office / Administration / Dispatch Unit Reception Area Multiple Private Offices Two Restrooms One Breakroom One Conference Room *Can be leased together or demised. Date available: Now Lease term: Negotiable Service type: Triple Net Space Type: Relet
1st Floor Ste 7	Industrial	1,296 SF	$15.00 USD/SF/YR
Date available: Jul 2026 Lease term: Negotiable Service type: Triple Net Space Type: Relet
1st Floor Ste Suite #4	Retail	5,760 SF	$15.00 USD/SF/YR
50% Warehouse (Can be expanded) 50% Retail Showroom / Sales Area Storefront Entrance +/-14' Clear Height One(1) Overhead Door Private Parking Exclusive Ingress & Egress Frontage on Elmwood Ave & I-465 Visibility *Pylon Signage Available Date available: Jul 2026 Lease term: Negotiable Service type: Triple Net Space Type: Relet

Description

5342 I 5350 Elmwood Avenue sits at the center of Beech Grove’s evolving Elmwood corridor, where accessibility meets opportunity. Offering 29,103 Square Feet of multi-tenant industrial/flex space on 3.79 acres, the property provides direct connection to I-69, I-74, I-65, and I-70 via the southern I-465 loop, ensuring seamless access to the entire Indianapolis region. Driven by Beech Grove’s citywide reinvestment efforts and new comprehensive redevelopment plan, this corridor is emerging as a magnet for industrial, service, and entrepreneurial users. 

PROPERTY INFORMATION:
TOTAL SQUARE FOOTAGE: 29,103
TOTAL ACRES: 3.79
TOTAL NUMBER OF BUILDINGS: 7
PARKING SPACES: 78 TOTAL 
ZONING: C7 & I2
YEAR BUILT: 1986 & 2004
CLASS: B 
TENANCY: MULTI

                
                    Highlights
                
                                Ideal Infill Location on the Southside of Indy
                            
                                Close proximity & great access to major interstate & highways covering the Indy MSA
                            
                                Flexible warehouse, retail & office space to accommodate a wide variety of tenants