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In-Line Retail and Medical Suite

12505 Old Meridian St., Carmel, IN 46032

For Sale
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In-line suite with strong visibility, access, and parking for retail, service, medical, or boutique office use.

Property Size1,650 SF
Days on Market139

Property Features for 12505 Old Meridian St.

General Information

Standard status Active
Size 1,650 SF
Property subtype Retail

Properties For Sale

at 12505 Old Meridian St.
12525 Old Meridian Street, Suite 120
Size 1,650 SF
Type Street Retail
Term Negotiable
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Listing Agency: ALO Property Group
Listed By: Gary Perel
Source: Alopg
Added: Jun 25 Changed: Oct 25 Last Checked: Nov 10 at 7:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALO Property Group

Rey
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Investment Insights

Based on property information with market context.

This listing offers a 1,650 SF in-line retail suite suited for a range of storefront and professional uses. The space is positioned to benefit from strong visibility and convenient access, supporting day-to-day operations for retail, service, medical, or boutique office tenants. Monument signage is available, giving the suite an additional branding opportunity from the street.

Located on Old Meridian Street within Providence at Old Meridian, the property sits in a walkable mixed-use setting. Public remarks indicate high traffic counts and strong co-tenancy within the development, with surrounding national retailers and restaurants that contribute to a compatible tenant mix.

For prospective tenants, this configuration is designed for operators who value storefront presence and customer access in an active retail environment. With ample on-site parking and monument signage support, the suite can work well for users that rely on convenient drop-off and easy customer wayfinding. The surrounding retail and dining base, combined with the development’s co-tenancy, provides context for retail, service, medical, or boutique office functions seeking consistent day-to-day foot traffic.

Key Highlights

  • 1,650 SF in‑line retail suite
  • Excellent visibility and access on Old Meridian Street
  • Ample on‑site parking

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Buckingham Construction Construction Company Huntington Mortgage Group Loan Service Athletico Physical Therapy ... Medical Clinic Reforming Indy Pilates ... Gym & Fitness Center King Dough Carmel Restaurant

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,512
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Similar Off Market Nearby

  • Ferns N Petals Florist — 13065 Illinois St, Carmel, IN 46032

Frequently Asked Questions

What type of property is this?
Storefront property - In-line suite with strong visibility, access, and parking for retail, service, medical, or boutique office use.
Where is this storefront property located?
The property is located at 12505 Old Meridian St. Carmel, IN.
What are key features of this property?
This property features: 1,650 SF in‑line retail suite; Excellent visibility and access on Old Meridian Street; Ample on‑site parking
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