5701 N Michigan Rd - Freestanding FOR SALE


Indianapolis, IN 46228- Crooked Creek
$649,000 USD
317-799-9847
5701 N Michigan Rd, Indianapolis, IN for Sale
$649,000 USD
Freestanding - FOR SALE
1/12
null | Request Cap Rate

NEW


5701 N Michigan Rd
Indianapolis, IN 46228
Crooked Creek


HIGHLIGHTS

  • Heavy Traffic Area
  • Ready to Build to Suite
  • Near Park 100 Area

OVERVIEW

Property Overview: Position your business or portfolio for success with this prime retail opportunity located in one of Indianapolis’ highest-traffic corridors. Offering 13,068 SF of land area, this multi-tenant retail building is ideal for service providers, retailers, and investors seeking visibility, accessibility, and long-term upside. Located in the heart of the Park 100 Indianapolis Submarket, this asset benefits from heavy daily traffic, close proximity to major residential hubs, and easy connectivity to I-65 and downtown Indianapolis. Property Highlights: Building Size: 3,040 SF Land Size: 13,068 SF Parking: 10 spaces on-site Number of Units: 3 suites Suite A: 1,020 RSF (Previous use: Laundry) Suite B: 970 RSF (Previous use: Retail) Suite C: 1,300 RSF (Previous use: Retail) Zoning: Commercial C-1 Condition: Construction-ready for new tenants Market Area: Indianapolis Northwest / Park 100 Submarket Signage: Highly visible storefront signage Frontage: Excellent Michigan Road frontage near W 57th Street High Traffic Counts: Ideal for maximizing customer exposure Strategic Location: Only 3.6 miles to I-65 for quick highway access Less than 15 minutes to downtown Indianapolis Near densely populated residential neighborhoods including New Augusta, Greenbriar, and Wynndale/Spring Hill Pulls traffic from surrounding major retailers, restaurants, and established businesses in the Park 100 industrial and commercial hub Investment Potential: This is a rare opportunity to purchase a well-located retail center in a rapidly growing area with strong demographics and consistent traffic flow. Whether you're an investor seeking stable cash flow, or an owner-operator ready to customize suites to fit your business, this asset offers flexibility, visibility, and strong long-term value. Contact Leasing & Sales: leasing@sojoscapital.com 317-372-3491

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

C-1

APN/PARCEL ID

49-06-03-106-004.000-800

ASK ABOUT THIS PROPERTY

Seanne SpangenburgSojos CapitalMore Info
317-799-9847

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Seanne SpangenburgSojos CapitalMore Info
317-799-9847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.