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    12-18 N Delaware St Indianapolis, IN 46204

    For Lease
    $1,390,000

    Retail and office spaces for lease with redevelopment potential.

    Property size:
    5,354 SF
    Lot size:
    0.08 Acres

    Property Features for 12-18 N Delaware St

    General Information

    Size
    5,354 SF
    Lot size
    0.08 Acres

    Source: SVN | Northern Commercial Agent Jess Lawhead, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail and Office Space Available

    This property offers opportunities for both office and retail spaces. The building features an elevator for accessibility. There are two demised street retail units available, along with 1128 square feet of lower-level space. The property is located across from the Indianapolis City Market Redevelopment Project, offering potential business opportunities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.154661
    Latitude
    39.7674531

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    FAQs

    What type of property is this?
    Retail space - Retail and office spaces for lease with redevelopment potential.
    Where is this retail space located?
    The property is located at 12-18 N Delaware St Indianapolis, IN.
    What are key features of this property?
    This property features: - Office & retail space opportunities available; - Across from Indianapolis City Market Redevelopment Project; - Elevator for easy access
    (317) 454-2241
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    12-18 N Delaware St Indianapolis, IN 46204
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    Indianapolis, IN 46204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12-18 N Delaware St Indianapolis, IN 46204
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