317-853-7500
176 S Main St, Zionsville, IN for Sale
Storefront Retail/Office - FOR SALE
1/9
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176 S Main St
Zionsville, IN 46077


HIGHLIGHTS

  • Located on Zionsville's iconic brick-paved Main Street.
  • Existing lease provides income through June 2027.
  • Positioned within the downtown DORA district.
  • Character-rich building without historic designation restrictions.
  • Walkable location near restaurants, shops, and community events.
  • Rare ownership opportunity in downtown Zionsville.

OVERVIEW

Located along Zionsville’s iconic brick-paved Main Street, 176 S Main Street presents a rare opportunity to acquire a well-positioned commercial asset in one of Central Indiana’s most established and affluent suburban business districts. The property is currently occupied by a long-standing floral retailer with a lease in place through June 2027, providing immediate income while allowing a future owner time to evaluate long-term occupancy, redevelopment, or investment strategies. The building offers a functional layout that includes two restrooms, utility space, front and rear access, and a well-maintained interior with no known deferred maintenance noted in the marketing materials. Its character-rich presence complements the historic streetscape while benefiting from the flexibility of not being designated as a historic structure, allowing greater freedom for future improvements or modernization. Positioned in the heart of downtown Zionsville, the property is surrounded by locally owned restaurants, boutiques, community gathering spaces, and year-round events that contribute to consistent pedestrian activity. The location also benefits from proximity to affluent residential neighborhoods and significant residential development throughout the Zionsville and northwest Indianapolis market. Zionsville's highly educated and high-income population base supports a strong environment for retail, service, office, and specialty commercial users. For investors, the existing tenancy provides current cash flow. For future owner-users, the lease term creates a valuable planning horizon while preserving the opportunity to secure a highly visible Main Street presence in a market where commercial ownership opportunities are infrequently available.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,749 SF

ZONING

B-3

APN/PARCEL ID

06-04-02-002-010.071-006

ASK ABOUT THIS PROPERTY

Amanda MillerThe AgencyMore Info
317-853-7500

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Amanda MillerThe AgencyMore Info
317-853-7500

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