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Freestanding Storefront Building

730 South State Avenue, Indianapolis, IN 46203

For Sale
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A freestanding commercial building offers convenient access to downtown, major interstates, and nearby established residential neighborhoods.

Property Size2,152 SF
Lot Size0.34 Acres
Days on Market26

Property Features for 730 South State Avenue

General Information

Standard status Active
Size 2,152 SF
Lot size 0.34 Acres
Property subtype Retail

Site & Location

Neighborhood Fountain Square
Highway Access Yes

Building Details

Buildings 1
Listing Agency: Veritas Realty
Listed By: Seth Biggerstaff · License #IN RB14049856
Source: Crexi
Added: Oct 15 Changed: Nov 8 Last Checked: Nov 8 at 6:03PM

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 Veritas Realty

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Investment Insights

Based on property information with market context.

This freestanding 2,152-square-foot storefront building occupies approximately 0.34 acres on Indianapolis’ near southeast side. Its standalone configuration distinguishes it within an urban infill setting.

The property is about one mile from Downtown Indianapolis, with access to I-65 and I-70. It is east of Fountain Square and near the area’s restaurant, entertainment, and nightlife district, including HI-FI, Upland Brewing, Kuma’s Corner, and the Fountain Square Theatre Building. The surrounding Fountain Square, near southeast side, and East Washington Street corridor have seen residential and commercial reinvestment.

Key Highlights

  • 2,152‑square‑foot freestanding building
  • Approximately 0.34‑acre site
  • About one mile from Downtown Indianapolis

Property Analytics

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

Current Use

Quick bite Take-out & Catering Gas station Grocery & Convenience Store N&Y food market ... Grocery & Convenience Store N&Y Food Market Grocery & Convenience Store ATM Atm

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Pet Grooming Service Butcher Carpet & Flooring Store

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Storefront properties in Indianapolis, IN

$146 Jul
$144 Aug
$186 Sep
$156 Oct

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

Similar Off Market Nearby

  • Flower Boys — 702 Lexington Ave, Indianapolis, IN 46203

Frequently Asked Questions

What type of property is this?
Storefront property - A freestanding commercial building offers convenient access to downtown, major interstates, and nearby established residential neighborhoods.
Where is this storefront property located?
The property is located at 730 South State Avenue Indianapolis, IN.
What are key features of this property?
This property features: 2,152‑square‑foot freestanding building; Approximately 0.34‑acre site; About one mile from Downtown Indianapolis
(317) 789-8171 Call to check price and availability
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