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Storefront Building with Floor-to-Ceiling Windows
For Sale
$250,000

32 South 8th Street, Richmond, IN 47374

Single-story brick retail space with Central Business zoning and direct access to a multi-level public parking garage.

Property Size10,890 SF
Price / SF$22.96
Days on Market192

Property Features for 32 South 8th Street

General Information

Standard status Active
Size 10,890 SF
Property subtype Commercial / Mixed Use
Zoning CB

Taxes and HOA fees

Annual Taxes $1,739

Amenities

Central Air
1
No
Concrete
Gas, Forced Air
Slab
Yes
Asphalt
Brick, Wood
Rubber

Building Details

Year Built 1978
Buildings 1
Stories 1
Construction brick
Listing Agency: F.C. Tucker/Crossroads Real Es
Listed By: Jon Kindred · License #RB16000524
Source: Compass
Added: Feb 19 Changed: Aug 30 Last Checked: Aug 30 at 4:08AM

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 F.C. Tucker/Crossroads Real Es

Investment Insights

Based on property information with market context.

This 10,890-square-foot, single-story brick storefront building was constructed in 1978 and features floor-to-ceiling windows along its street-facing elevation. The interior includes central air, gas forced-air heat, concrete construction, and a slab foundation. Its storefront format can accommodate retail, showroom, professional office, or service-oriented commercial uses supported by Central Business zoning.

The property is located at 32 South 8th Street in downtown Richmond, Indiana, along a well-traveled corridor and beside a multi-level public parking garage. The building is also a few hundred feet from FLAHERTY & COLLINS' new 6Main development, planned with approximately 150 luxury apartments and 3,000 SF of retail space. Brick and wood exterior materials, an asphalt surface, and a rubber roof complete the existing improvements.

Key Highlights

  • 10,890‑square‑foot single‑story commercial building
  • Floor‑to‑ceiling storefront windows along the street‑facing elevation
  • Zoned CB (Central Business)

Property Analytics

Current Use

Escape Richmond Arcade & Gaming Center

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Bakery Furniture & Home Goods Electrical Service Accounting Firm

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

274
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Speedway Shops & Services
22,710 visits/mo 0.3 miles
Arby's Dining
9,872 visits/mo 0.5 miles
Parlor Doughnuts Dining
4,092 visits/mo 0.3 miles
Mancino's Pizza & Grinders Dining
3,326 visits/mo 0.5 miles
Pizza King Dining
1,957 visits/mo 0.5 miles

Demographics for 47374, IN

45,304
Population
21,553
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
119.8 sq mi
ZIP Area
378
Density / Sq Mi
$52,566
Median Household Income
$34,168
Median Earnings
$816
Median Rent
$121,800
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
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Frequently Asked Questions

What type of property is this?
Storefront property - Single-story brick retail space with Central Business zoning and direct access to a multi-level public parking garage.
Where is this storefront property located?
The property is located at 32 South 8th Street Richmond, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 10,890‑square‑foot single‑story commercial building; Floor‑to‑ceiling storefront windows along the street‑facing elevation; Zoned CB (Central Business)
More about this property
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