Retail

Carmel, IN Retail Properties & Spaces for Sale

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7 properties
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In-Line Retail and Medical Suite
Updated: Jun 25
In-Line Retail and Medical Suite

12505 Old Meridian St., Carmel, IN 46032

Contact for pricing
1,650 sqft
1,650 SF in‑line retail suite
Excellent visibility and access on Old Meridian Street
Ample on‑site parking
Monument signage available
Suite is suitable for retail, service, medical, or boutique office use
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Fully Leased Mixed-Use Assemblage
Updated: Aug 12
Fully Leased Mixed-Use Assemblage

8 West Main Street, Carmel, IN 46032

Contact for pricing
12,490 sqft
Fully leased three‑parcel mixed‑use assemblage
12,490 square feet across the property
Located at 8 West Main Street, Carmel, IN 46032
Intersection of Main Street and Rangeline Road
Built in 1972
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Shadow-Grocery Anchored Retail Center
Shadow-Grocery Anchored Retail Center

2140-2208 E 116th St, Carmel, IN 46032

Contact for pricing
233,727 sqft

Grocery-anchored retail center prominently positioned at a busy Carmel intersection with multiple recently executed leases.

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Ground Floor Retail Condominium Units
Ground Floor Retail Condominium Units

7015 E 146th St, Carmel, IN 46033

Contact for pricing
1,800 sqft

Three ground floor retail condominium units totaling 5,828 sf are available within a mixed-use residential development.

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Ground Floor Retail Condominiums
Ground Floor Retail Condominiums

7015 E 146th St, Carmel, IN 46033

Contact for pricing
1,631 sqft

Three ground floor retail condominium units are available totaling 5,828 SF within a four-story apartment building.

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Retail Space for Sale
Retail Space for Sale

951 North Rangeline Road, Carmel, IN 46032

Contact for pricing
3,928 sqft

Retail space offered for sale with approximately 3,928 SF of usable area.

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Corner Retail Storefront
Corner Retail Storefront

2375 E 116th St, Carmel, IN 46032

Contact for pricing

Retail property on a main corridor corner location with adjacency to McAlister’s Deli.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Neighborhood Retail Center with Drive-Through
Neighborhood Retail Center with Drive-Through

8220 E 106th St, Indianapolis, IN 46256

Contact for pricing
12,277 sqft

Four-tenant retail center is 100% leased, featuring drive-through service and two exterior pergolas.

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High-Visibility Standalone Retail Building
High-Visibility Standalone Retail Building

12514 Reynolds Dr, Fishers, IN 46038

Contact for pricing
6,800 sqft

Standalone retail building located on a high-visibility southeast corner with easy access near I-69.

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Former Kroger Building For Sale
Former Kroger Building For Sale

7264 Fishers Crossing Dr, Fishers, IN

Contact for pricing
62,426 sqft 11.01 AC lot

62,426 SF former Kroger building on 10.60 acres.

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Modern Retail Center in Indianapolis
Modern Retail Center in Indianapolis

8220 E 106th St, Indianapolis, IN 46256

Contact for pricing
12,277 sqft

Stabilized retail center in a high-growth Indianapolis submarket.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Westfield Land For Sale
Westfield Land For Sale

111 N East St, Westfield, IN 46074

Contact for pricing
0.73 AC lot

0.73 acres of land available in Westfield, Indiana.

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Prime Land on Meridian Street
Prime Land on Meridian Street

9240 N Meridian, Indianapolis, IN 46260

Contact for pricing
1.35 AC lot

Pad-ready 1.35-acre commercial land for sale.

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Prime Westfield Land Opportunity
Prime Westfield Land Opportunity

1014 E 169th St, Westfield, IN 46074

Contact for pricing
20.00 AC lot

20-acre site in booming Westfield, Indiana, with high visibility.

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Commercial Land Zoned AG-SF1
Commercial Land Zoned AG-SF1

823 W State Road 32, Westfield, IN 46074

$1,350,000
5.13 AC lot

Vacant land totaling 5.13 acres, located directly on Highway 32 and zoned AG-SF1 for commercial use.

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Off-Market Properties in Carmel, IN

Consider similar Off-Market properties in Carmel, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2438 116th St
SHOPPING CENTER, STRIP CENTER

2438 116th St, Carmel, IN 46032-3219

$555,000
Estimated value
18,414 sqft 0.36 AC lot
View details
233 Monon Blvd
RETAIL STORES (PERSONAL SERVICES)

233 Monon Blvd, Carmel, IN 46032-2352

$510,000
Estimated value
7,012 sqft 0.26 AC lot
View details
1732 116th St
SHOPPING CENTER, STRIP CENTER

1732 116th St, Carmel, IN 46032-3506

$980,000
Estimated value
7,795 sqft 5.02 AC lot
View details
9835 Michigan Rd
AUTO REPAIR, GARAGE

9835 Michigan Rd, Carmel, IN 46032-7925

$700,000
Estimated value
2,077 sqft 0.98 AC lot
View details
9800 Michigan Rd
CONVENIENCE STORE

9800 Michigan Rd, Carmel, IN 46032-7925

$955,000
Estimated value
5,016 sqft 1.81 AC lot
View details
1821 151st St
CONVENIENCE STORE

1821 151st St, Carmel, IN 46033-7733

Value Estimation by Request
6,292 sqft 1.55 AC lot
View details
10215 Michigan Rd
FINANCIAL BUILDING

10215 Michigan Rd, Carmel, IN 46032-7947

$700,000
Estimated value
4,260 sqft 1.00 AC lot
View details
205 Carmel Dr
FINANCIAL BUILDING

205 Carmel Dr, Carmel, IN 46032-2634

$880,000
Estimated value
8,545 sqft 1.17 AC lot
View details
9802 Michigan Rd
RESTAURANT

9802 Michigan Rd, Carmel, IN 46032-7925

$585,000
Estimated value
3,301 sqft 1.76 AC lot
View details
2005 Greyhound Pass
SHOPPING CENTER, STRIP CENTER

2005 Greyhound Pass, Carmel, IN 46033-7729

$4,640,000
Estimated value
19,671 sqft 13.19 AC lot
View details
12 Main St
RETAIL STORES (PERSONAL SERVICES)

12 Main St, Carmel, IN 46032-1764

$355,000
Estimated value
924 sqft 0.01 AC lot
View details
14 Main St
RETAIL STORES (PERSONAL SERVICES)

14 Main St, Carmel, IN 46032-1764

$365,000
Estimated value
2,400 sqft 0.03 AC lot
View details
31 Main St
RESTAURANT

31 Main St, Carmel, IN 46032-1929

$415,000
Estimated value
3,923 sqft 0.03 AC lot
View details
890 116th St
SHOPPING CENTER, STRIP CENTER

890 116th St, Carmel, IN 46032-3475

$10,915,000
Estimated value
22,510 sqft 2.27 AC lot
View details
270 Merchants Sq Dr
FINANCIAL BUILDING

270 Merchants Sq Dr, Carmel, IN 46032-2981

$570,000
Estimated value
2,838 sqft 0.50 AC lot
View details
2420 146th St
DRIVE-THRU RESTAURANT, FAST FOOD

2420 146th St, Carmel, IN 46033-7712

$1,720,000
Estimated value
2,299 sqft 0.16 AC lot
View details
10595 Michigan Rd
RETAIL STORES (PERSONAL SERVICES)

10595 Michigan Rd, Carmel, IN 46032-9685

$2,035,000
Estimated value
15,048 sqft 1.97 AC lot
View details

Carmel, IN Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Carmel, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 255,226 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 11
Shopping centers 9
Banks 3
Automotive properties 2
Auto shops 1

Demographics Overview

Population 145K
Population Growth (5Y) +1.7%
Median Household Income $128,931
College Educated 82.0%

Taxes & Financing

Tax Rate (average for all types) 1.96%
Property Tax per SF $24.58 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Hamilton County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Carmel fall within the 2,500 to 5,000 square foot range.

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