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    Broad Ripple Commercial Opportunity Title is generated by Realmo AI

    710 E 52nd St, Indianapolis, IN 46205

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    Value-add commercial building in Broad Ripple with parking.

    Type:Retail
    Property size:
    4,672 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $190/SF
    Added:
    Feb 5, 2026
    Days on Market:
    147
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 710 E 52nd St

    General Information

    Standard status
    Active
    Size
    4,672 SF
    Lot size
    0.25 Acres
    Property subtype
    Retail

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    Pete Alveal
    Pete Alveal

    Listing office Premier Commercial TCN Worldwide Real Estate

    Listing date Feb 5, 2026

    Source Crexi

    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 Premier Commercial TCN Worldwide Real Estate

    HighLights

    • Prime location in Broad Ripple, one building off 52nd & College.
    • Rare 0.25‑acre lot with dedicated rear parking (8 spaces).
    • 4,672 SF building suitable for Retail, Office, Creative, Showroom, or Light Warehouse.
    • New roof reduces near‑term capital expenses.
    • Rear garage access for deliveries, storage, or operational use.
    • Potential for reconfiguration/subdivision to increase rental income.

    Overview

    This 4,672 square foot commercial building is located in Broad Ripple, one building off 52nd & College. Situated on a 0.25-acre lot, the property offers flexibility for various commercial uses, including retail, office, creative, showroom, or light warehouse. A dedicated rear parking lot provides 8 on-site spaces. The building also features rear garage access, suitable for deliveries, storage, or operational use. The property has strong structural fundamentals, including a new roof. The functional layout allows for reconfiguration or subdivision into multiple suites, creating the opportunity to increase rental income. This property is suitable for investors or owner-users seeking long-term upside in a thriving commercial corridor.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $100.9k $21.60
    − Vacancy −$18.7k −$4.00
    EGI $82.2k $17.60
    − OpEx −$20.6k −$4.40
    NOI $61.7k $13.20
    4,672 SF · lease $21.60/SF/yr · vacancy 18.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $881.2K
    $771.1K – $1.03M (±1% cap)
    NOI $61,684 @ 7.0% cap · market cap 6.93%
    Second Best
    Retail
    $718.2K
    $628.4K – $837.9K (±1% cap)
    NOI $50,273 @ 7.0% cap · market cap 5.65%
    Theoretical Best
    Office A
    $1.16M
    $1.02M – $1.36M (±1% cap)
    NOI $81,405 @ 7.0% cap · market cap 9.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Artcraft Upholstering Co. Furniture & Home Goods

    Suggested Use

    Nail Salon HVAC Service Auto Repair Shop Hair Salon Computer & Electronic Repair Nursing Home Pharmacy Nursing Home Grocery & Convenience Store Travel Agency

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.14496
    Latitude
    39.847153

    FAQs

    What type of property is this?
    Retail property - Value-add commercial building in Broad Ripple with parking.
    Where is this retail property located?
    The property is located at 710 E 52nd St Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $890,000.
    What are key features of this property?
    This property features: Prime location in Broad Ripple, one building off 52nd & College.; Rare 0.25‑acre lot with dedicated rear parking (8 spaces).; 4,672 SF building suitable for Retail, Office, Creative, Showroom, or Light Warehouse.
    (317) 997-9362 Call to check price and availability
    More about this property
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