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Elmwood Industrial Park Indianapolis, IN 46203 1,285 - 8,341 SF of Space Available

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PARK HIGHLIGHTS

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

PARK FACTS

Total Space Available 8,341 SF
Park Type Industrial Park

ALL AVAILABLE SPACES(3)

Display Rental Rate as

Elmwood Industrial Park
5342 Elmwood Ave - Building 2
1,285 SF | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $223.22 CAD/m²/YR $18.60 CAD/m²/MO $2,221 CAD/MO $26,648 CAD/YR | View Building Details
Building Type
Industrial
Building Size
4,995 SF
Lot Size
3.61 AC
Year Built
1986
Zoning
ZO01
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 1,285 SF
  • Negotiable
  • $20.74 CAD/SF/YR $1.73 CAD/SF/MO $26,648 CAD/YR $2,221 CAD/MO
  • Office
  • Full Build-Out
  • Now

*Office / Administration / Dispatch Unit *Reception Area *Multiple Private Offices *Two Restrooms *One Breakroom *One Conference Room *Can be leased together or demised.

  • Lease rate does not include utilities, property expenses or building services
  • 1 Conference Room
  • Reception Area
  • Fully Carpeted
  • Smoke Detector
  • 6 Private Offices
  • Central Air and Heating
  • Wi-Fi Connectivity
  • Natural Light
Space Size Term Rental Rate Space Use Condition Available
1st Floor 1,285 SF Negotiable $20.74 CAD/SF/YR $1.73 CAD/SF/MO $26,648 CAD/YR $2,221 CAD/MO Office Full Build-Out Now
Elmwood Industrial Park
5342 Elmwood Ave - Building 2
1,285 SF | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $223.22 CAD/m²/YR $18.60 CAD/m²/MO $2,221 CAD/MO $26,648 CAD/YR | View Building Details
Building Type
Industrial
Building Size
4,995 SF
Lot Size
3.61 AC
Year Built
1986
Zoning
ZO01

5342 Elmwood Ave - 1st Floor

Size
1,285 SF
Term
Negotiable
Rental Rate
$20.74 CAD/SF/YR $1.73 CAD/SF/MO $26,648 CAD/YR $2,221 CAD/MO
Space Use
Office
Condition
Full Build-Out
Available
Now
Elmwood Industrial Park
5342 Elmwood Ave - Building 7
1,296 SF | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $223.22 CAD/m²/YR $18.60 CAD/m²/MO $2,240 CAD/MO $26,876 CAD/YR | View Building Details
Building Type
Industrial
Building Size
1,296 SF
Lot Size
3.61 AC
Year Built
1986
Zoning
ZO01
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor - 7
  • 1,296 SF
  • Negotiable
  • $20.74 CAD/SF/YR $1.73 CAD/SF/MO $26,876 CAD/YR $2,240 CAD/MO
  • Industrial
  • Full Build-Out
  • 2026-07-01
  • Lease rate does not include utilities, property expenses or building services
  • 2 Drive Ins
Space Size Term Rental Rate Space Use Condition Available
1st Floor - 7 1,296 SF Negotiable $20.74 CAD/SF/YR $1.73 CAD/SF/MO $26,876 CAD/YR $2,240 CAD/MO Industrial Full Build-Out 2026-07-01
Elmwood Industrial Park
5342 Elmwood Ave - Building 7
1,296 SF | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $223.22 CAD/m²/YR $18.60 CAD/m²/MO $2,240 CAD/MO $26,876 CAD/YR | View Building Details
Building Type
Industrial
Building Size
1,296 SF
Lot Size
3.61 AC
Year Built
1986
Zoning
ZO01

5342 Elmwood Ave - 1st Floor - 7

Size
1,296 SF
Term
Negotiable
Rental Rate
$20.74 CAD/SF/YR $1.73 CAD/SF/MO $26,876 CAD/YR $2,240 CAD/MO
Space Use
Industrial
Condition
Full Build-Out
Available
2026-07-01
Elmwood Industrial Park
5342 Elmwood Ave - Building 4
5,760 SF | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $223.22 CAD/m²/YR $18.60 CAD/m²/MO $9,954 CAD/MO $119,448 CAD/YR | View Building Details
Building Type
Retail
Building Subtype
Freestanding
Year Built
1986
Gross Leaseable Area
5,760 SF
Frontage
119’ on Elmwood Ave
Parking
20 Spaces
Zoning
I-2
  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor, Ste Suite #4
  • 5,760 SF
  • Negotiable
  • $20.74 CAD/SF/YR $1.73 CAD/SF/MO $119,448 CAD/YR $9,954 CAD/MO
  • Retail
  • Full Build-Out
  • 2026-07-01

*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

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste Suite #4 5,760 SF Negotiable $20.74 CAD/SF/YR $1.73 CAD/SF/MO $119,448 CAD/YR $9,954 CAD/MO Retail Full Build-Out 2026-07-01
Elmwood Industrial Park
5342 Elmwood Ave - Building 4
5,760 SF | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $223.22 CAD/m²/YR $18.60 CAD/m²/MO $9,954 CAD/MO $119,448 CAD/YR | View Building Details
Building Type
Retail
Building Subtype
Freestanding
Year Built
1986
Gross Leaseable Area
5,760 SF
Frontage
119’ on Elmwood Ave
Parking
20 Spaces
Zoning
I-2

5342 Elmwood Ave - 1st Floor - Ste Suite #4

Size
5,760 SF
Term
Negotiable
Rental Rate
$20.74 CAD/SF/YR $1.73 CAD/SF/MO $119,448 CAD/YR $9,954 CAD/MO
Space Use
Retail
Condition
Full Build-Out
Available
2026-07-01

5342 Elmwood Ave - 1st Floor

Size 1,285 SF
Term Negotiable
Rental Rate $20.74 CAD/SF/YR
Space Use Office
Condition Full Build-Out
Available Now

*Office / Administration / Dispatch Unit *Reception Area *Multiple Private Offices *Two Restrooms *One Breakroom *One Conference Room *Can be leased together or demised.

  • Lease rate does not include utilities, property expenses or building services
  • 6 Private Offices
  • 1 Conference Room
  • Central Air and Heating
  • Reception Area
  • Wi-Fi Connectivity
  • Fully Carpeted
  • Natural Light
  • Smoke Detector

5342 Elmwood Ave - 1st Floor - 7

Size 1,296 SF
Term Negotiable
Rental Rate $20.74 CAD/SF/YR
Space Use Industrial
Condition Full Build-Out
Available 2026-07-01

  • Lease rate does not include utilities, property expenses or building services
  • 2 Drive Ins

5342 Elmwood Ave - 1st Floor - Ste Suite #4

Size 5,760 SF
Term Negotiable
Rental Rate $20.74 CAD/SF/YR
Space Use Retail
Condition Full Build-Out
Available 2026-07-01

*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

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition

PARK OVERVIEW

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

  • Listing ID: 38255316

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 5342 Elmwood Ave, Indianapolis, IN 46203

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