5111 E 21st Street Indianapolis, IN $ 2,600
5111 E 21st Street
$ 2,600
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5111 E 21st Street

Indianapolis, IN, 46218
$ 2,600
Bedrooms-- Baths-- Sq 3,170
5111 E 21st Street, Indianapolis, IN 46218 - Image 1

Property for Rent in Indianapolis, IN

for $2,600. This 3,170 square foot property was built on a lot size of 0.22.

Rare Opportunity | Iconic Restaurant Location Back on the Market Step into history and bring your vision to life with this well-known, high-visibility restaurant space-now available at below-market rent. Positioned just off a major highway exit, this prime location offers exceptional exposure and ample parking, making it ideal for a thriving restaurant or bar concept. This space was once home to a popular, established restaurant, and much of the existing bar setup and infrastructure remains in place-saving you time and build-out costs. Incentive Alert: The owner is offering up to 5 months of FREE rent for qualified tenants ready to renovate, refresh, and elevate this iconic space into its next chapter. Bring your creativity and transform this location into a standout destination. Perfect for restaurateurs looking to capitalize on a high-demand, high-traffic area with deep-rooted recognition. Utilities (electric and water) are currently off. Property is being offered as-is for redevelopment. Dimensions are approximate tenants to do their due diligence.

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Rental Active

Price

$ 2,600

Taxes

$ 4,032

Style

Retail

Lot Size

0.22

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22096142

Features
General
Utilities Electricity Connected Natural Gas Connected Water Connected
Zoning Commercial
Township Warren
Property Subtype Retail
Tax Year 2024
Current Use Restaurant
County Marion
New Construction N
Property Type Commercial Lease
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
MLS Area 4905 - Marion - Warren
Lot Size Square Feet 9480
Standard Status Active
Tax Lot l6
Leasehold Rent $/Mo 2600
Legal Description Green Lawns Add Pt L6 Beg Ne Cor L6 S 120Ft W79ft N 120Ft E 79Ft To Beg
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Exterior
Building Area Total 3170
Lot Size Acres 0.22
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* Excluded Features
List By
Exp Realty, Llc

Broker

barinder.singh@exprealty.com

Email

Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/17/2026$2,600 Listed Price

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5111 E 21st Street, Indianapolis, IN, 46218 is a Property for Rent at $2,600 with 3,170 sqft and a lot size of 0.22. The property's zip code is 46218 which is in Indianapolis, IN