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    30 1St St Carmel, IN 46032

    For Sale
    $3,000,000

    4,800 SF Class A Office & Retail Space

    Property size:
    4,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This attractive, free-standing two-story building (4,800 square feet) is ideally situated in the heart of downtown Carmel, Indiana, at 30 1st Street SW, zip code 46032. The property is a Class A building offering a versatile space suitable for a variety of uses, including creative office, medical office, and high-end retail. The first floor, perfect for retail, medical, or spa businesses, benefits from convenient curbside parking. The second floor provides separate office space with its own entrance, offering privacy and flexibility. The building's prime location offers easy walking access to numerous amenities, including Midtown Plaza, the Carmel Arts & Design District, the Monon Trail, and City Center, ensuring high visibility and foot traffic. Additional city-owned parking is available behind and to the north of the building. This exceptional property is listed at $3,000,000 and presents a unique opportunity for investors and businesses seeking a prominent location in a thriving community. The property is zoned for office and retail use.

    Property Features for 30 1St St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,800 SF
    Class
    A

    HighLights

    • 4,800 SF Class A free‑standing building in downtown Carmel, IN.
    • Located at 30 1st Street SW, Carmel, IN 46032.
    • Suitable for creative office, medical office, or high‑end retail uses.
    • First floor features curbside parking, ideal for retail or medical.
    • Second floor offers private office space with separate entrance.
    • Prime location near Midtown Plaza, Carmel Arts & Design District, Monon Trail, and City Center.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    FedEx Drop Box Mailing Service Dennis P. Lauck, ... Optometrist Dr. Angeline Mclean Optometrist

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1279086
    Latitude
    39.9776749

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    FAQs

    What type of property is this?
    Individual retail property - 4,800 SF Class A Office & Retail Space
    Where is this individual retail property located?
    The property is located at 30 1St St Carmel, IN.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: 4,800 SF Class A free-standing building in downtown Carmel, IN.; Located at 30 1st Street SW, Carmel, IN 46032.; Suitable for creative office, medical office, or high-end retail uses.
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    30 1St St Carmel, IN 46032
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    Carmel, IN 46032
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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
    30 1St St Carmel, IN 46032
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