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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 - -

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

The Fresh Market
The National Bank of Indianapolis
Orangetheory Fitness
Planet Fitness
Starbucks
Chase Bank

Property Taxes

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
  • Listing ID: 39339495

  • Date on Market: 3/24/2025

  • Last Updated:

  • Address: 710 E 52nd St, Indianapolis, IN 46205

Contact the Sale Advisor

710 E 52nd St

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