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Property profile & analytics
FOR SALE
Manufacturing properties

710 E 52Nd St Indianapolis, IN 46205

4,672 SF 0.26 ac lot Built 1930
Entity Owned Free & Clear
Property ID
US31-1258178
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1930
Construction TYPE NOT SPECIFIED
Total area 4,672 SF
Lot 0.26 ac (11,108 SF)
APN 49-06-12-218-011.000-801
UPID US31-1258178
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
Current use
Occupant on record · Public records
  • Artcraft Upholstering Co. Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
TRIKAM PARMAR LLC
TRIKAM PARMAR LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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