Retail Building with Rear
For Sale
Contact for pricing
710 E 52nd St, Indianapolis, IN 46220
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 Market227
Property Features for 710 E 52nd St
General Information
Standard status
Active
Size
4,120 SF
Total Parking Spaces
8
Lot size
0.25 Acres
Property subtype
RETAIL
Site & Location
Neighborhood
Meridian Kessler
Listing Agency:
Premier Commercial Real Estate Services, Inc.
(317) 454-7171
Listed By:
Pete Alveal · License #IN123455
(317) 997-9362
Source:
Moodyscre
Added: Mar 16
Changed: Oct 25
Last Checked: Oct 26 at 7:29PM
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.
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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
Estimated NOI and Cap Rate
NOI / Yr
$44,333
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,660
$886.7K
Cap Rate 7%
$633,329
$633.3K
Cap Rate 9%
$492,589
$492.6K
Market Conditions
NOI Build-Up for 4,120 SF
Gross rent
$69.2K $16.80/SF
− Vacancy
−$5.9K −$1.43/SF
EGI
$63.3K $15.37/SF
− OpEx
−$19.0K −$4.61/SF
NOI
$44.3K $10.76/SF
Area
Indianapolis, IN
Vacancy
8.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$886,660
Cap Rate 7%
$633,329
Cap Rate 9%
$492,589
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 authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
689
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 46220, IN
36,078
Population
17,524
Households
2.1
Avg Household Size
37
Median Age
67%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,084
Density / Sq Mi
$103,735
Median Household Income
$58,867
Median Earnings
$1,330
Median Rent
$329,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Indianapolis, IN
Similar Off Market Nearby
- Posh Petals — 1134 E 54th St Studio A, Indianapolis, IN 46220
Frequently Asked Questions
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
