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710 E 52nd St 4,072 SF Retail Building Indianapolis, IN 46205 $890,000 ($218.57/SF)


Investment Highlights
- High-Demand Broad Ripple Location
- Rear Garage / Loading Access
- 4,500+ SF Building and 0.25 AC lot
- 8 On-Site Parking Spaces (Rare for Area)
- Brand New Roof
- Flexible Zoning & Multiple Use Potential
Executive Summary
This 4,672 SF building sits on a rare 0.25-acre lot and offers exceptional flexibility for a variety of commercial uses including Retail, Office, Creative, Showroom, or Light Warehouse. A standout feature is the dedicated rear parking lot with 8 on-site spaces, an uncommon advantage in this high-demand submarket. The building also includes rear garage access, ideal for deliveries, storage, or adaptable operational use. The property is supported by strong structural fundamentals, highlighted by a brand new roof, reducing near-term capital expenses. The functional layout lends itself well to reconfiguration or subdivision into multiple suites, creating the opportunity to increase rental income and achieve top-of-market rents. Well-positioned for investors or owner-users seeking long-term upside in a thriving commercial corridor.
Taxes & Operating Expenses (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$5,036
|
$1.24
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,036
|
$1.24
|
Taxes & Operating Expenses (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $5,036 |
| Annual Per SF | $1.24 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,036 |
| Annual Per SF | $1.24 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
4,072 SF
Building Class
C
Year Built
1976
Price
$890,000
Price Per SF
$218.57
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.25 AC
Zoning
C-3 - Primary Zoning is C-3. Secondary Zoning is D-5
Frontage
95’ on E 52nd St
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (78)
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-06-12-218-011.000-801 | Total Assessment | $176,400 |
| Land Assessment | $95,800 | Annual Taxes | $5,036 ($1.24/SF) |
| Improvements Assessment | $80,600 | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Number
49-06-12-218-011.000-801
Land Assessment
$95,800
Improvements Assessment
$80,600
Total Assessment
$176,400
Annual Taxes
$5,036 ($1.24/SF)
Tax Year
2024 Payable 2025
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Contact the Sale Advisor
710 E 52nd St
