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Restaurant Space with Basement

24 North Rangeline Road, Carmel, IN 46032

For Lease
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A two-level configuration combines main-floor area with additional basement space in Carmel.

Space Size3,130 SF
Days on Market11

Property Features for 24 North Rangeline Road

General Information

Standard status Active
Size 3,130 SF
Net Rentable 3,130 SF
Property subtype Retail, Restaurant

Space & Availability

Available Space 3,130 SF
Contiguous Space 3,130 SF

Spaces For Lease

at 24 North Rangeline Road
Space 1 Active
Size 3,130 SF
Contact us
Listing Agency: Golars Real Estate
Listed By: Om Golars · License #IN
Source: Crexi
Added: Oct 30 Changed: Nov 8 Last Checked: Nov 8 at 5:25PM

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 Golars Real Estate

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Investment Insights

Based on property information with market context.

Previously used for restaurant operations, the property offers 2,090 SF on the main level and a further 1,040 SF in the basement. The two areas provide distinct spaces within the same commercial property.

Located at 24 North Rangeline Road in Carmel, the property is near Main Street and the Arts & Design District. Nearby destinations named include Midtown Carmel, the Monon Greenway, galleries, restaurants, and boutique retail, along with surrounding businesses and residential communities.

Key Highlights

  • 2,090 SF of main‑level space
  • 1,040 SF of basement area
  • Previously operated as a restaurant

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Home Appliance Store Butcher Locksmith Catering Service

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,335
Businesses Nearby
20k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Circle K Shops & Services
11,695 visits/mo 0.4 miles
Cancun Mexican Restaurant Dining
2,925 visits/mo 0.4 miles
Tires Plus Shops & Services
1,443 visits/mo 0.4 miles
Pad Thai Dining
1,169 visits/mo 0.1 miles
Rita's Italian Ice Dining
1,016 visits/mo 0.1 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A two-level configuration combines main-floor area with additional basement space in Carmel.
Where is this conventional restaurant located?
The property is located at 24 North Rangeline Road Carmel, IN.
What are key features of this property?
This property features: 2,090 SF of main‑level space; 1,040 SF of basement area; Previously operated as a restaurant
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