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    1255 Main St Speedway, IN 46224

    For Lease
    Contact for pricing

    Prime Speedway Flex Space Available

    Lot size:
    28,146 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1,895 square foot flex space, located at 1255 N Main St in Speedway, Indiana, presents a fantastic opportunity for businesses seeking versatile commercial space. The property is part of a single, two-story building and boasts a desirable location within the Indianapolis submarket, offering easy access to major transportation routes. The space is currently vacant and ready for immediate occupancy. The building features two convenient drive-in bays, perfect for loading and unloading, and a high ceiling of 22 feet, providing ample vertical space for various uses. The property type is classified as both industrial and retail, making it suitable for a wide range of businesses. The flexible layout caters to multiple tenants, offering adaptability to suit diverse operational needs. With its strategic location in Speedway, Indiana, zip code 46224, this property offers excellent visibility and accessibility. The property's industrial and retail zoning allows for a variety of business types. This is a rare opportunity to secure a well-positioned, versatile space in a thriving Indianapolis submarket. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 1255 Main St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    28,146 SF

    Building Details

    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Retail Space
    Size
    28,146 SF

    HighLights

    • 1,895 SF flex space at 1255 N Main St, Speedway, IN 46224.
    • High‑end race shop space ideal for race teams and motorsport enthusiasts.
    • Features two drive‑in bays (14'x16' and 18'x16'), 22' clear height ceilings.
    • Includes multiple interior rooms: level plate, machine shop, and paint room.
    • Offers three truck/RV parking spaces with utility hookups, interior offices, breakroom, and locker room.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Speedway
    County
    Marion
    State
    Indiana
    Longitude
    -86.2406635
    Latitude
    39.7843757

    Nearby Comparable

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      5,250 SF

      Retail Space Near Speedway

      Retail space available in mixed-use development near Indianapolis Motor Speedway.
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    • $18 SF/Yr
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      Speedway Office Space for Lease

      Class A Office/Retail, Speedway, IN
      1552 Main St, Speedway, IN 46224
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      7,700 SF

      Office/Retail Space Near Speedway

      Sublease opportunity near Indianapolis Motor Speedway with parking.
      1552-1564 N Main St, Speedway, IN 46224
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    • $1,700 /Mo
      1,000 SF

      Renovated Townhome Near Main Street

      Two-story townhome with modern amenities, close to universities.
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      Charming 2-Bedroom Urban Duplex

      Urban living in a charming 2-bedroom duplex with modern design.
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      1,910 SF

      Retail Space in Indianapolis Center

      Retail space available in top Indianapolis shopping center.
      5620 Crawfordsville Rd, Indianapolis, IN 46224
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    Nearby Similar for Lease

    • Contact for pricing
      5,250 SF

      Retail Space Near Speedway

      Retail space available in mixed-use development near Indianapolis Motor Speedway.
      1515-1545 Main St, Speedway, IN 46224
      View Details
    • Contact for pricing
      7,700 SF

      Office/Retail Space Near Speedway

      Sublease opportunity near Indianapolis Motor Speedway with parking.
      1552-1564 N Main St, Speedway, IN 46224
      View Details
    • $18 SF/Yr
      16,000 SF

      Speedway Office Space for Lease

      Class A Office/Retail, Speedway, IN
      1552 Main St, Speedway, IN 46224
      View Details

    FAQs

    What type of property is this?
    Flex space - Prime Speedway Flex Space Available
    Where is this flex space located?
    The property is located at 1255 Main St Speedway, IN.
    What are key features of this property?
    This property features: 1,895 SF flex space at 1255 N Main St, Speedway, IN 46224.; High-end race shop space ideal for race teams and motorsport enthusiasts.; Features two drive-in bays (14'x16' and 18'x16'), 22' clear height ceilings.
    Request Owner's contact information
    1255 Main St Speedway, IN 46224
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    Speedway, IN 46224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1255 Main St Speedway, IN 46224
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