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CBD Storefront Space
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47 South Illinois Street, Indianapolis, IN 46204

Sublease opportunity for commercial space in Indianapolis’s central business district.

Space Size740,647 SF
Days on Market16

Property Features for 47 South Illinois Street

General Information

Standard status Active
Size 740,647 SF
Net Rentable 9,609 SF
Class A
Property subtype Retail

Space & Availability

Available Space 9,609 SF
Contiguous Space 9,609 SF
Sublease Yes

Building Details

Building Size 740,647 SF
Tenancy Single

Spaces For Lease

at 47 South Illinois Street Contact us

Space 1

Size
740,647 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: EXP Commercial
Listed By: Patrick O'Hara · License #IN 18001802
Source: Crexi
Added: Aug 20 Changed: Sep 3 Last Checked: Sep 3 at 2:48AM

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 EXP Commercial

Investment Insights

Based on property information with market context.

This storefront property offers 9,609 square feet of commercial space through a sublease arrangement. The premises are positioned within Indianapolis’s central business district, providing a downtown setting for retail or other storefront-oriented occupancy.

Key Highlights

  • 9,609 SF of commercial space
  • Sublease availability
  • Located in Indianapolis CBD

Property Analytics

Current Use

Sub Zero Nitrogen ... Grocery & Convenience Store

Suggested Use

Top Pick HVAC Service Electrical Service Discount Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Tanning Salon

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

6,165
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46204, IN

9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value

Market

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Storefront property - Sublease opportunity for commercial space in Indianapolis’s central business district.
Where is this storefront property located?
The property is located at 47 South Illinois Street Indianapolis, IN.
What are key features of this property?
This property features: 9,609 SF of commercial space; Sublease availability; Located in Indianapolis CBD
(317) 796-4733 Call to check price and availability
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