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    1552-1564 N Main St Speedway, IN 46224

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    For Lease
    Contact for pricing

    Sublease opportunity near Indianapolis Motor Speedway with parking.

    Property size:
    7,700 SF
    Lot size:
    0.19 Acres

    Property Features for 1552-1564 N Main St

    General Information

    Size
    7,700 SF
    Lot size
    0.19 Acres

    Source: Avison Young | Indianapolis Agent Bill Ehret

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

    Overview

    Office/Retail Space Near Speedway

    Available for sublease is up to 11,700 square feet of Class A office and retail space on the first and second floors. The property is located at the intersection of 16th Street and Main Street, a short distance from the Indianapolis Motor Speedway. The space combines historical accents with modern style. Forty-seven unreserved and eight reserved parking spaces are available. Furniture is also available. Downtown Speedway is pedestrian-friendly and provides easy access to the P&E and B&O Rail Trails. The property is located steps from the Indianapolis Motor Speedway, Speedway Indoor Karting, Daredevil Brewing, the Foyt Wine Vault, and numerous dining amenities.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Speedway
    County
    Marion
    State
    Indiana
    Longitude
    -86.2413351
    Latitude
    39.7870794

    Nearby Similar for Lease

    • Contact for pricing
      5,250 SF

      Retail Space Near Speedway

      Retail space available in mixed-use development near Indianapolis Motor Speedway.
      1515-1545 Main St, Speedway, IN 46224
      View Details
    • Contact for pricing
      28,146 SF

      Speedway Flex Space - Main Street

      Prime Speedway Flex Space Available
      1255 Main St, Speedway, IN 46224
      View Details
    • $18 SF/Yr
      16,000 SF

      Speedway Office Space for Lease

      Class A Office/Retail, Speedway, IN
      1552 Main St, Speedway, IN 46224
      View Details

    FAQs

    What type of property is this?
    Office space - Sublease opportunity near Indianapolis Motor Speedway with parking.
    Where is this office space located?
    The property is located at 1552-1564 N Main St Speedway, IN.
    What are key features of this property?
    This property features: - Prime location steps from the Indianapolis Motor Speedway.; - Up to 11,700± sf of Class A office/retail space available.; - Ample parking with 47 unreserved and 8 reserved spaces.
    (317) 590-1178
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    1552-1564 N Main St Speedway, IN 46224
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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
    1552-1564 N Main St Speedway, IN 46224
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