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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

140 Main St Carmel, IN 46032

0.54 ac lot Built 1927
Property ID
US31-0548984
Property summary
AI-generated overview

This exceptional commercial property, located at 140 E. Main Street in Carmel, Indiana, presents a unique investment opportunity. Situated in the vibrant Carmel Arts & Design District, this two-story building offers 3,402 square feet of versatile space, perfect for a single tenant. Built in 1927, the property comprises two buildings on a 0.54-acre lot and features 28 on-site parking spaces, a significant advantage in this desirable location. The B-1 zoning allows for a wide range of office and retail uses, providing flexibility for potential occupants. The property's address is 140 E Main St, Carmel, IN 46032, and its Hamilton County APN is 29-10-30-905-016.000-018. Its central location offers easy access to numerous amenities, making it highly attractive to businesses and employees alike. The walkability of the area and the abundance of nearby attractions further enhance the property's appeal. This is a rare chance to acquire a well-situated, established property in the heart of Carmel's thriving Arts & Design District. The property's size, parking, and zoning make it an ideal choice for a variety of businesses seeking a prominent presence in this sought-after area.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1927
Lot 0.54 ac (23,522 SF)
UPID US31-0548984
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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