Carmel, IN Retail Properties & Spaces for Sale

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Indianapolis, IN Zionsville, IN Westfield, IN Noblesville, IN Fishers, IN Sheridan, IN Whitestown, IN Cicero, IN

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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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

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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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

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

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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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Carmel, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 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.

Wawa Absolute NNN Property

5520 W 86th St, Indianapolis, IN 46268

Contact for pricing

5,919 sqft

Wawa occupies the site under a long-term absolute NNN ground lease with no landlord responsibilities.

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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

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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High-Visibility Standalone Retail Building

12514 Reynolds Dr, Fishers, IN 46038

Contact for pricing

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

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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

111 East St, Westfield, IN 46074

$2,700,000

0.73 AC lot

0.73 acres of land available in Westfield, Indiana.

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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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Industrial Land Parcel

15380 Endeavor Drive, Noblesville, IN 46060

$599,900

1.96 AC lot

Vacant development parcel with CCPD zoning and public sewer service.

View details

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.

View details

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.

SHOPPING CENTER, STRIP CENTER

2438 116th St, Carmel, IN 46032-3219

Estimated value:

$555,000

18,414 sqft 0.36 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

233 Monon Blvd, Carmel, IN 46032-2352

Estimated value:

$510,000

7,012 sqft 0.26 AC lot

View details

SHOPPING CENTER, STRIP CENTER

1732 116th St, Carmel, IN 46032-3506

Estimated value:

$980,000

7,795 sqft 5.02 AC lot

View details

AUTO REPAIR, GARAGE

9835 Michigan Rd, Carmel, IN 46032-7925

Estimated value:

$700,000

2,077 sqft 0.98 AC lot

View details

CONVENIENCE STORE

9800 Michigan Rd, Carmel, IN 46032-7925

Estimated value:

$955,000

5,016 sqft 1.81 AC lot

View details

CONVENIENCE STORE

1821 151st St, Carmel, IN 46033-7733

Estimated value: by Request

6,292 sqft 1.55 AC lot

View details

FINANCIAL BUILDING

10215 Michigan Rd, Carmel, IN 46032-7947

Estimated value:

$700,000

4,260 sqft 1.00 AC lot

View details

FINANCIAL BUILDING

205 Carmel Dr, Carmel, IN 46032-2634

Estimated value:

$880,000

8,545 sqft 1.17 AC lot

View details

RESTAURANT

9802 Michigan Rd, Carmel, IN 46032-7925

Estimated value:

$585,000

3,301 sqft 1.76 AC lot

View details

SHOPPING CENTER, STRIP CENTER

2005 Greyhound Pass, Carmel, IN 46033-7729

Estimated value:

$4,640,000

19,671 sqft 13.19 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

12 Main St, Carmel, IN 46032-1764

Estimated value:

$355,000

924 sqft 0.01 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

14 Main St, Carmel, IN 46032-1764

Estimated value:

$365,000

2,400 sqft 0.03 AC lot

View details

RESTAURANT

31 Main St, Carmel, IN 46032-1929

Estimated value:

$415,000

3,923 sqft 0.03 AC lot

View details

SHOPPING CENTER, STRIP CENTER

890 116th St, Carmel, IN 46032-3475

Estimated value:

$10,915,000

22,510 sqft 2.27 AC lot

View details

FINANCIAL BUILDING

270 Merchants Sq Dr, Carmel, IN 46032-2981

Estimated value:

$570,000

2,838 sqft 0.50 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

2420 146th St, Carmel, IN 46033-7712

Estimated value:

$1,720,000

2,299 sqft 0.16 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

10595 Michigan Rd, Carmel, IN 46032-9685

Estimated value:

$2,035,000

15,048 sqft 1.97 AC lot

View details

FINANCIAL BUILDING

10570 Michigan Rd, Carmel, IN 46032-9685

Estimated value:

$2,800,000

3,577 sqft 1.27 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

26 Main St, Carmel, IN 46032

Estimated value:

$1,590,000

1,248 sqft 0.03 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 5 active listings on our real estate platform. These investment opportunities span a total of 251,298 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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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Carmel, IN Retail Properties & Spaces for Sale

12505 Old Meridian St., Carmel, IN 46032

8 West Main Street, Carmel, IN 46032

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

7015 E 146th St, Carmel, IN 46033

7015 E 146th St, Carmel, IN 46033

Opportunities in Nearby Cities

5520 W 86th St, Indianapolis, IN 46268

7264 Fishers Crossing Dr, Fishers, IN

8220 E 106th St, Indianapolis, IN 46256

12514 Reynolds Dr, Fishers, IN 46038

Potential Development Sites for Consideration

111 East St, Westfield, IN 46074

9240 N Meridian, Indianapolis, IN 46260

15380 Endeavor Drive, Noblesville, IN 46060

1014 E 169th St, Westfield, IN 46074

Off-Market Properties in Carmel, IN

2438 116th St, Carmel, IN 46032-3219

233 Monon Blvd, Carmel, IN 46032-2352

1732 116th St, Carmel, IN 46032-3506

9835 Michigan Rd, Carmel, IN 46032-7925

9800 Michigan Rd, Carmel, IN 46032-7925

1821 151st St, Carmel, IN 46033-7733

10215 Michigan Rd, Carmel, IN 46032-7947

205 Carmel Dr, Carmel, IN 46032-2634

9802 Michigan Rd, Carmel, IN 46032-7925

2005 Greyhound Pass, Carmel, IN 46033-7729

12 Main St, Carmel, IN 46032-1764

14 Main St, Carmel, IN 46032-1764

31 Main St, Carmel, IN 46032-1929

890 116th St, Carmel, IN 46032-3475

270 Merchants Sq Dr, Carmel, IN 46032-2981

2420 146th St, Carmel, IN 46033-7712

10595 Michigan Rd, Carmel, IN 46032-9685

10570 Michigan Rd, Carmel, IN 46032-9685

26 Main St, Carmel, IN 46032

Carmel, IN Retail Properties & Spaces Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

Taxes & Financing

Listings Trend

Property Size Breakdown

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