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Investment Highlights

  • Outstanding visibility and direct access from Kentucky Ave/SR 67
  • Major improvements include two new septic systems, a new roof and HVAC system installed in 2023, all new flooring in 2021, a new water heater in 2023

Executive Summary

PRIME LOCATION! This exceptional 2.25-acre commercial property offers outstanding visibility with direct access to State Road 67/Kentucky Avenue, where more than 31,000 vehicles pass each day. Featuring over 4,000 square feet of updated interior space and more than 13,500 square feet of paved parking, this property provides the ideal setting for a wide range of commercial uses. The lot also extends to Millhouse Road, creating the potential for an additional access point and added flexibility for future development. Currently operating as a daycare, the building is well-maintained and move-in ready while offering endless possibilities for an owner-occupant or investor. Major improvements include two new septic systems, a new roof and HVAC system installed in 2023, all new flooring in 2021, a new water heater in 2023, and updated restrooms. The property also features a fenced outdoor area and a spacious storage barn, adding even more functionality. Conveniently located just minutes from downtown Indianapolis, Mooresville, Indianapolis International Airport, and major interstate highways, this high-traffic location offers unmatched accessibility and exposure for your business. Whether you're expanding, relocating, or investing, this is a rare opportunity to own a highly visible commercial property in one of the area's most desirable corridors. Don't miss your chance to make this exceptional property your next business location.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
4,002 SF
Building Class
C
Year Built/Renovated
1962/2021
Price
$2,068,410 CAD
Price Per SF
$516.84 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.25 AC
Opportunity Zone
Yes
Zoning
C-1 - C-1 zone is a commercial district (Neighborhood Commercial). Permits small-scale retail and service businesses serving immediate neighborhood needs.
Parking
35 Spaces
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
49-13-03-100-008.000-200
Land Assessment
$356,870 CAD
Improvements Assessment
$201,739 CAD
Total Assessment
$558,609 CAD
  • Listing ID: 42034194

  • Date on Market: 2026-09-03

  • Last Updated:

  • Address: 5925 Kentucky Ave, Indianapolis, IN 46221

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