Retail Property with Off-Street
For Sale
Contact for pricing
Pending
631-641 E Michigan St, Indianapolis, IN 46202
Well-traveled intersection retail property in the Lockerbie/Mass Ave district with off-street parking for up to 40 vehicles.
Property Size4,733 SF
Days on Market206
Property Features for 631-641 E Michigan St
General Information
Standard status
Pending
Size
4,733 SF
Total Parking Spaces
40
Property subtype
RETAIL
Site & Location
Neighborhood
Downtown
Additional Details
Business Included
No
Listing Agency:
Lee & Associates | Indianapolis
(317) 844-2700
Listed By:
Scot A Courtney · License #RB14046445
(317) 218-1038
Source:
Moodyscre
Added: Apr 7
Changed: Oct 25
Last Checked: Oct 28 at 6:31AM
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 Lee & Associates | Indianapolis
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is positioned in the Lockerbie/Mass Ave district at a well-traveled intersection, designed to provide strong visibility and traffic flow. It offers convenient access to inbound and outbound routes through the Central Business District and Mass Ave.
The surrounding area includes a high concentration of residential developments and is two blocks from the Bottleworks District. The site also provides off-street parking for up to 40 vehicles and includes the option for outdoor dining areas, supporting a flexible retail setup.
Overall, this is a retail-focused property with on-site parking capacity and opportunities to accommodate customer-facing outdoor space.
The surrounding area includes a high concentration of residential developments and is two blocks from the Bottleworks District. The site also provides off-street parking for up to 40 vehicles and includes the option for outdoor dining areas, supporting a flexible retail setup.
Overall, this is a retail-focused property with on-site parking capacity and opportunities to accommodate customer-facing outdoor space.
Key Highlights
- Retail property located in the Lockerbie/Mass Ave district at a well‑traveled intersection with strong visibility and traffic flow
- Convenient access to inbound and outbound routes through the Central Business District and Mass Ave
- Two blocks from the Bottleworks District
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,820
Businesses Nearby
Explore this area
Business Placement
Demographics for 46202, IN
22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Retail space - Well-traveled intersection retail property in the Lockerbie/Mass Ave district with off-street parking for up to 40 vehicles.
Where is this retail space located?
The property is located at 631-641 E Michigan St Indianapolis, IN.
What are key features of this property?
This property features: Retail property located in the Lockerbie/Mass Ave district at a well‑traveled intersection with strong visibility and traffic flow; Convenient access to inbound and outbound routes through the Central Business District and Mass Ave; Two blocks from the Bottleworks District
