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Freestanding Storefront Retail Building

6154 N Michigan Rd, Indianapolis, IN 46228

For Lease
Contact for pricing

A two-story configuration sits on a fenced commercial site zoned C1.

Space Size1,000 SF
Property Size2,000 SF
Lot Size0.50 Acres
Days on Market21

Property Features for 6154 N Michigan Rd

General Information

Standard status Active
Size 1,000 SF
Net Rentable 2,000 SF
Lot size 0.50 Acres
Property subtype RETAIL
Zoning C1

Space & Availability

Available Space 2,000 SF
Contiguous Space 2,000 SF
Space Use Retail

Site & Location

Neighborhood Crooked Creek

Additional Details

Flexible Term Yes

Building Details

Year Built 1952
Year Renovated 2013
Stories 2
Building Size 2,000 SF
Tenancy Single

Spaces For Lease

at 6154 N Michigan Rd
6154 N Michigan Rd AVAILABLE, Now
Floor 1
Size 1,000 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- 2,000 square feet of retail space - Freestanding retail building - Two-story layout - Single-building layout - Zoned C1 - Originally built in 1952 - Renovated in 2013 - .5-acre fenced site - Formerly used for food trucks - Negotiable lease structure - Functional retail configuration - Straightforward occupancy potential
Contact us
Listing Agency: Tharp Realty
Listed By: Kelsey Scheibert
Source: Moodyscre
Added: Oct 20 Changed: Nov 7 Last Checked: Nov 8 at 7:35AM

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 Tharp Realty

Rey
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Investment Insights

Based on property information with market context.

This freestanding retail property has a two-story layout and occupies a fenced 0.5-acre site. The building dates to 1952 and was renovated in 2013. C1 zoning is in place.

The property is located at 6154 N Michigan Rd in Indianapolis, Indiana.

Key Highlights

  • Freestanding retail building with a two‑story layout
  • Fenced 0.5‑acre site
  • C1 zoning

Property Analytics

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

Current Use

Fast-Taco's Restaurant

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center

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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46228, IN

15,824
Population
6,242
Households
2.5
Avg Household Size
40
Median Age
48%
College-Educated
93%
High-School Grad
7.9 sq mi
ZIP Area
2,003
Density / Sq Mi
$95,574
Median Household Income
$40,571
Median Earnings
$1,234
Median Rent
$241,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$15.21 /SF/Yr
Avg Asking Price
$6.96–$24 /SF/Yr
Price Range
5,603 SF
Avg Space Size

Properties on Market for Storefront properties in Indianapolis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Storefront property - A two-story configuration sits on a fenced commercial site zoned C1.
Where is this storefront property located?
The property is located at 6154 N Michigan Rd Indianapolis, IN.
What are key features of this property?
This property features: Freestanding retail building with a two‑story layout; Fenced 0.5‑acre site; C1 zoning
(317) 432-1469 Call to check price and availability
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