Retail Building with Rear
710 E 52nd St Indianapolis, IN 46220
For Sale
Contact for pricing
Retail building with a brand-new roof, rear garage/loading access, and eight on-site parking spaces.
Property Size4,120 SF
Lot Size0.25 Acres
Price / SF$216.02
Days on Market133
Property Features for 710 E 52nd St
General Information
- Standard status
- Active
- Size
- 4,120 SF
- Lot size
- 0.25 Acres
- Property subtype
- RETAIL
Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 997-9362
Listed By:
Pete Alveal · License #IN123455
(317) 997-9362
Source:
Moodyscre
Added: Mar 16
Changed: Jul 25
Last Checked: Jul 25 at 9:31AM
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 Premier Commercial Real Estate Services, Inc.
Investment Insights
Based on property information with market context.
This for-sale retail building offers 4,500+ square feet of space on a 0.25-acre lot. The property includes a brand-new roof and convenient rear garage/loading access, with eight on-site parking spaces that are described as rare for the area. The zoning is listed as flexible, supporting multiple use potential and value-add considerations.
Located at 710 E 52nd St in Indianapolis, the property is noted for its high-demand Broad Ripple location.
As configured, the asset combines a dedicated retail building footprint with practical back-of-house access and on-site parking, which can support a variety of retail-oriented layouts within the flexible-use framework referenced in the listing.
Located at 710 E 52nd St in Indianapolis, the property is noted for its high-demand Broad Ripple location.
As configured, the asset combines a dedicated retail building footprint with practical back-of-house access and on-site parking, which can support a variety of retail-oriented layouts within the flexible-use framework referenced in the listing.
Key Highlights
- 4,500+ SF retail building on a 0.25‑acre lot
- Brand new roof
- 8 on‑site parking spaces
Financial Insights For Retail
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 | $69.2k | $16.80 |
| − Vacancy | −$5.9k | −$1.43 |
| EGI | $63.3k | $15.37 |
| − OpEx | −$19.0k | −$4.61 |
| NOI | $44.3k | $10.76 |
4,120 SF · lease $16.80/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$633.3K
$554.2K – $738.9K
NOI $44,333 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$897.3K – $1.20M
NOI $71,787 @ 7.0% cap · market cap 8.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Artcraft Upholstering Co.
Furniture & Home Goods
Similar Off Market Nearby
- Posh Petals — 1134 E 54th St Studio A, Indianapolis, IN 46220
FAQs
What type of property is this?
Storefront property - Retail building with a brand-new roof, rear garage/loading access, and eight on-site parking spaces.
Where is this storefront 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: 4,500+ SF retail building on a 0.25‑acre lot; Brand new roof; 8 on‑site parking spaces
