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5034 Lafayette Rd, Indianapolis, IN

$1,400,000

5034 Lafayette Road, Indianapolis, IN 46254

Active
Last Updated: 02/27/2025

18,748 sqft

Building Size

2.67 acres

Lot Area

Details:
Building Size:    18,748 sqft
Lot Area:    2.67 acres
Units:    1
Year Built:    1972
Zoning:    I-2/C-3
Floors:    1
Roof:    Built-Up
CeilingHeight:    23
Description:

Grow your business or investment portfolio with this heart-of-Indianapolis warehouse! This versatile facility spans 18,748 SF on a 2.67-acre lot. Its central location provides quick access to I-465, I-65, and I-74, along with easy connections to downtown and the suburbs. Long known as Leeper Electric, the property features a durable steel and concrete block warehouse complete with a front showroom, fenced outdoor storage, and ample vehicle parking. Recent interior lighting upgrades modernize the facility, helping to minimize utility costs and maximize operational efficiency. The warehouse is available for owner occupancy or can be reconfigured to accommodate multiple warehouse tenants. In the front showroom area, a current daycare tenant provides a stable monthly income of $3,500. Zoned I-2 for industrial use, this property offers the flexibility for a range of applications including warehouse, distribution, vehicle storage, motorsports, manufacturing, and more. It is ideally set up for an electric service or utility company, and some racking and electric inventory is available for sale. Whether you are seeking a reliable income-producing asset or a strategic addition to your portfolio, 5034 Lafayette Road delivers a unique blend of functionality, steady cash flow, and significant growth potential in one of Indianapolis’ most thriving commercial corridors.

Map:
Documents:
Title
5034 Lafayette Rd Marketing Flyer Feb 2025
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Location
Gallery