710 E 52Nd St, Indianapolis, IN 46205
- Manufacturing properties
- 4,672 SF
- 0.26 lot acres
Current Use by Public Records
- Artcraft Upholstering Co. / Furniture & Home Goods
Property Details for 710 E 52Nd St
- Year built
- 1930
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.26 lot acres
- Property type
- Manufacturing properties
- APN
- 49-06-12-218-011.000-801
- APU
- 490612218011000801
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1452
- Latitude
- 39.8472
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
