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Mixed-Use Property with Retail Space

471 South Ritter Avenue, Indianapolis, IN 46219

For Lease
New
Contact for pricing

Retail, office, and storage uses are represented across three buildings on a multi-parcel site.

Space SizeContact for details
Lot Size2.50 Acres
Days on Market3

Property Features for 471 South Ritter Avenue

General Information

Standard status Active
Lot size 2.50 Acres
Property subtype Industrial
Zoning C-5

Site & Location

Neighborhood Irvington
Highway Access Yes

Additional Details

Space Use Mixed Use

Building Details

Buildings 3
Listing Agency: CBRE | Indianapolis
Listed By: Scott Wise · License IN RB20000189
Source: Cbre
Added: Nov 8 Changed: Nov 9 Last Checked: Nov 10 at 6:29AM

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 CBRE | Indianapolis

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines retail, office, and storage space in three buildings totaling over 15,000 SF. The site comprises 11 parcels and 2.50 acres, with C-5 zoning.

The property is located 3 miles from I-465. The zoning allows retail, office, gas station, auto repair, logistics, excavator, and roofing contractor uses.

Key Highlights

  • Three buildings totaling over 15,000 SF
  • 11 parcels across 2.50 acres
  • C‑5 zoning

Property Analytics

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

Current Use

Bottom line Courier ... Trucking Company

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Building Supply Dental Office Auto Parts Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby

Demographics for 46219, IN

36,556
Population
17,028
Households
2.1
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
13.0 sq mi
ZIP Area
2,812
Density / Sq Mi
$57,811
Median Household Income
$38,995
Median Earnings
$991
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail, office, and storage uses are represented across three buildings on a multi-parcel site.
Where is this mixed-use property located?
The property is located at 471 South Ritter Avenue Indianapolis, IN.
What are key features of this property?
This property features: Three buildings totaling over 15,000 SF; 11 parcels across 2.50 acres; C‑5 zoning
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