# 5243 Rockville Road, Indianapolis, IN 46224

> **TL;DR:** commercial, $550,000 ($122/sqft), built 1946, 4,524 sqft. Est. $2,383/mo. Listed 37 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $550,000 |
| Price/sqft | $122 |
| Square Feet | 4,524 |
| Year Built | 1946 |
| Lot Size | 13,504 sqft (0.31 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 37 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,383 |
| **Total** | **$2,383** |

## Property Highlights

- Built in 1946
- 0.31 acre lot

## Description

### Agent Description
Located on a Hard corner at Rockville Road & Lynnhurst, this 4,524 SF building offers a flexible layout ideal for retail, office, or service-based users. C-3 zoning supports a wide range of  permitted uses including neighborhood retail, professional services, restaurant concepts, and personal care businesses. With over 20,000 cars per day along this stretch, the site benefits from  strong exposure and consistent traffic flow. The property does require renovation, presenting a value-add opportunity to reposition, customize, and maximize its potential. On-site parking and excellent frontage further enhance accessibility, making this a strong option for investors or businesses looking to establish a presence in a well-traveled corridor. 1 Mile from I-465

## Location

- **Address:** 5243 Rockville Road, Indianapolis, IN 46224
- **County:** Marion
- **Coordinates:** 39.764819, -86.25006
- **Google Maps:** https://www.google.com/maps?q=39.764819,-86.25006

## Listing Agent

- **Name:** Shelly Johnson
- **Brokerage:** Keller Williams Indy Metro S
- **Phone:** 3178825900
- **Email:** shellyj9125@gmail.com

## Primary Photo

![5243 Rockville Road - Primary Photo](http://lh.rdcpix.com/f3d479938e6b313692c857ee9173c841l-f2403767750r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/5243-rockville-road-indianapolis-in-46224-22097917)*

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**MLS#:** 22097917 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/5243-rockville-road-indianapolis-in-46224-22097917)

---

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