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6406 Cornell Ave 4,437 SF Retail Building Indianapolis, IN 46220 $2,750,000 ($619.79/SF)



Investment Highlights
- Prime Monon Trail frontage in the heart of Broad Ripple Village
- Two-story layout + full basement offering flexible use and storage
- Fully built-out commercial kitchen + production space
- 8 on-site parking spaces + strong surrounding walkability
- Expansive outdoor patio & balcony seating overlooking the Monon
Executive Summary
Rare opportunity to acquire a highly visible, architecturally distinctive mixed-use building along the Monon Trail in the heart of Broad Ripple. This 6,977 SF property (including a full basement) features 4,437 SF above grade across two floors, offering exceptional flexibility for office, retail, restaurant, creative studio, or event space users.
The property boasts expansive outdoor patio and balcony areas overlooking the Monon Trail—an increasingly rare amenity that enhances both customer experience and tenant appeal. With 8 dedicated on-site parking spaces and strong surrounding foot traffic, the asset is ideally positioned for owner-users or investors seeking a premier location in one of Indianapolis’ most dynamic neighborhoods.
Offered at $2,750,000, 6406 Cornell Ave presents a unique opportunity to control a signature property in a supply-constrained submarket with long-term upside.
The property boasts expansive outdoor patio and balcony areas overlooking the Monon Trail—an increasingly rare amenity that enhances both customer experience and tenant appeal. With 8 dedicated on-site parking spaces and strong surrounding foot traffic, the asset is ideally positioned for owner-users or investors seeking a premier location in one of Indianapolis’ most dynamic neighborhoods.
Offered at $2,750,000, 6406 Cornell Ave presents a unique opportunity to control a signature property in a supply-constrained submarket with long-term upside.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,437 SF
Building Class
B
Year Built
2018
Price
$2,750,000
Price Per SF
$619.79
Tenancy
Single
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.59
Lot Size
0.17 AC
Zoning
C4
Parking
8 Spaces (1.8 Spaces per 1,000 SF Leased)
Frontage
58’ on Cornell Ave
Amenities
- Signage
Exceptionally walkable
90/100
Moderately drivable
60/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-03-36-100-035.000-801 | Improvements Assessment | $1,352,400 |
| Land Assessment | $123,300 | Total Assessment | $1,475,700 |
Property Taxes
Parcel Number
49-03-36-100-035.000-801
Land Assessment
$123,300
Improvements Assessment
$1,352,400
Total Assessment
$1,475,700
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6406 Cornell Ave
