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6516 Ferguson St 3,536 SF Office Building Indianapolis, IN 46220 $750,000 ($212.10/SF)



Investment Highlights
- Heart of Broad Ripple retail/office property
- New roof and HVAC with 6 dedicated parking spaces on-site
- Ideal for owner-user, boutique retail, office, café, wellness, or creative studio use
Executive Summary
6516 Ferguson Street offers the opportunity to acquire a unique retail/office property within Broad Ripple.? Situated on a quiet side street near the heart of the district, the property consists of approximately 3,536 SF on 0.18 acres and is currently configured for 1834 SF of office over 2 floors in the front portion of the building (available 7.1.2026) and a restaurant concept (Wing Shack, lease until end of year 2028) operating out of the converted garage space that is 1488 SF over 2 floors.
Originally constructed as a residential home and later converted to commercial use, the property offers a distinctive and flexible environment well suited for office, boutique retail, wellness, studio, café, or service-oriented users. Property highlights include a new roof and HVAC system on the main portion, 6 dedicated on-site parking spaces, and close proximity to the restaurants, retail, and amenities that make Broad Ripple one of Indianapolis’ most established neighborhoods.
Ideal for an owner-user or investor seeking character-driven space in a highly desirable submarket with continued residential and commercial investment nearby.
Originally constructed as a residential home and later converted to commercial use, the property offers a distinctive and flexible environment well suited for office, boutique retail, wellness, studio, café, or service-oriented users. Property highlights include a new roof and HVAC system on the main portion, 6 dedicated on-site parking spaces, and close proximity to the restaurants, retail, and amenities that make Broad Ripple one of Indianapolis’ most established neighborhoods.
Ideal for an owner-user or investor seeking character-driven space in a highly desirable submarket with continued residential and commercial investment nearby.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,536 SF
Building Class
B
Year Built
1902
Price
$750,000
Price Per SF
$212.10
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,768 SF
Building FAR
0.46
Lot Size
0.18 AC
Zoning
ZO01 - Zoned CS
Front Portion - Office/Service Oriented/Retail
Rear Portion - Cafe/Food Service
Allows outdoor patio seating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Wing Shack
- Accommodation and Food Services
- -
- -
- Full Service
- Dec 2028
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Wing Shack | Accommodation and Food Services | - | - | Full Service | Dec 2028 |
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Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 49-03-36-100-045.000-801 | Improvements Assessment | $271,300 |
| Land Assessment | $126,600 | Total Assessment | $397,900 |
Property Taxes
Parcel Number
49-03-36-100-045.000-801
Land Assessment
$126,600
Improvements Assessment
$271,300
Total Assessment
$397,900
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Contact the Sale Advisor
6516 Ferguson St
