Listing Agency: Resource Commercial Real Estate

Listed By: Joe Tarpey · License #IN RB14043613

Source: Crexi

Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 12:05AM

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Investment Insights

Based on property information with market context.

This office property is located at 1849 Broad Ripple Avenue in Indianapolis, Indiana. Its setting places the asset between Broad Ripple Village and Keystone Avenue, with Broad Ripple Avenue recording 27,000 VPD.

Key Highlights

• 27,000 VPD on Broad Ripple Avenue
• Positioned between Broad Ripple Village and Keystone Avenue
• 1849 Broad Ripple Avenue, Indianapolis, IN 46220

Property Analytics

Property Profile

Current Use

Posh Coiffure Studios ... Hair Salon

Suggested Use

Top Pick HVAC Service Grocery & Convenience Store Auto Parts Store Tech Support Center (Bike/Boat/Book/etc) Store Travel Agency

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

871

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 46220, IN

36,078

Population

17,524

Households

2.1

Avg Household Size

37

Median Age

67%

College-Educated

98%

High-School Grad

11.7 sq mi

ZIP Area

3,084

Density / Sq Mi

$103,735

Median Household Income

$58,867

Median Earnings

$1,330

Median Rent

$329,700

Median Home Value

Market

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019

17.8% 2020

19.1% 2021

19.3% 2022

22.2% 2023

22.8% 2024

21.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this office spaces located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office space - Office space positioned between Broad Ripple Village and Keystone Avenue.

Where is this office space located?

The property is located at 1849 Broad Ripple Avenue Indianapolis, IN.

What are key features of this property?

This property features: 27,000 VPD on Broad Ripple Avenue; Positioned between Broad Ripple Village and Keystone Avenue; 1849 Broad Ripple Avenue, Indianapolis, IN 46220