710 E 52Nd St Indianapolis, IN 46205
For Sale
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This exceptional 4,072-square-foot storefront property at 710 E 52nd Street in Indianapolis, Indiana, presents a compelling investment opportunity. Located in a prime Broad Ripple area location, this single-story, Class C building sits on a 0.25-acre lot and boasts eight on-site parking spaces—a rare find in this market. Built in 1930, the property is zoned C-3, allowing for diverse uses including retail, office, and light warehouse space. The building features a convenient garage entry from the parking lot, adding to its functionality. With three units and a net rentable area of 4,072 square feet, the asking price is $1,000,000, translating to $245.58 per square foot. The property is offered as a Triple Net (NNN) lease, with a single tenancy. This location offers significant potential for redevelopment or renovation, catering to a wide range of business needs. The substantial lot size and ample parking provide a significant advantage over comparable properties. This is a unique chance to acquire a versatile commercial property in a thriving Indianapolis neighborhood. The property's existing structure and zoning flexibility make it an ideal investment for both short-term and long-term growth.
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Artcraft Upholstering Co. Furniture & Home Goods
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.