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510 E Southport Rd

4,624 SF Retail Building Indianapolis, IN 46227 $1,630,090 CAD ($353 CAD/SF)

Investment Highlights

  • Onsite Parking
  • Adjacent to Signalized Intersection
  • Easy Entry/Exit

Executive Summary

Enjoy US31 visibility but not at the high price. The property's strategic placement offers excellent visibility and accessibility, making it an appealing option for investors seeking to capitalize on this retail market. Currently for sale including the convenience store business, or the business will sign a lease and sell to an investor. Additionally, the building still has vacancy.
Highlights
• Onsite Parking
• Easy Entry/Exit
• Adjacent to Signalized Intersection

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,624 SF
Building Class
C
Year Built
1973
Price
$1,630,090 CAD
Price Per SF
$353 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Land Acres
0.32 AC
Zoning
Commercial
Parking
20 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
131 ft on E Southport Rd

Nearby Major Retailers

Outback Steakhouse
IHOP
KeyBank
Metro Diner
Chase Bank
City Barbeque
Noodles & Company
Bubba's 33
McAlister's Deli
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
49-14-12-131-004.000-500
Land Assessment
$235,867 CAD
Improvements Assessment
$131,683 CAD
Total Assessment
$367,550 CAD
  • Listing ID: 33718248

  • Date on Market: 2024-11-01

  • Last Updated:

  • Address: 510 E Southport Rd, Indianapolis, IN 46227

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