6816 E 82nd St - Freestanding FOR SALE


Indianapolis, IN 46250- Castleton
$1,790,000 USD
317-218-5316
6816 E 82nd St, Indianapolis, IN for Sale
$1,790,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

NEW


6816 E 82nd St
Indianapolis, IN 46250
Castleton


HIGHLIGHTS

  • Located at the hard-corner, signalized intersection of East 82nd Street and Bash Street.
  • East 82nd Street experiences +/-50,000 vehicles-per-day (VPD).
  • Located in the Castleton submarket of Indianapolis; one of the densest commercial and retail trade areas in northern Indianapolis.
  • Direct access to Interstate 465 (160,000 VPD) and Interstate 69 (150,000 VPD), the 2 major interstates in northern Indianapolis
  • C-4 Commercial zoning allows for a variety of retail and commercial uses.

OVERVIEW

FOR SALE OR LEASE The Klink Group of Marcus & Millichap is pleased to present for sale 6816 E 82nd Street in Indianapolis, Indiana. The Subject Property is a vacant 6,409 SF commercial building located in one of the densest retail and commercial trade areas in northern Indianapolis. Positioned along the highly trafficked E 82nd Street corridor, the property benefits from approximately ±50,000 vehicles per day, providing strong visibility and exposure for a wide range of commercial users. The property is zoned C-4, allowing for a broad array of commercial uses, including retail, service, medical, automotive-related, and other flexible business operations. While the building previously operated as an automotive facility, the existing zoning and building configuration present a compelling opportunity for investors or owner-users to retrofit the space for a variety of alternative commercial uses. The surrounding trade area is supported by strong demographics, with approximately ±50,000 residents within a three-mile radius and an average household income of roughly $95,000, driving consistent consumer demand. Additionally, the site offers exceptional regional connectivity with direct access to Interstate 465 and Interstate 69, which together carry combined traffic counts of approximately ±350,000 vehicles per day. With its strategic location, flexible zoning, strong traffic exposure, and proximity to major interstates, 6816 E 82nd Street represents an attractive value-add opportunity for investors or users seeking to establish a presence in one of Indianapolis’ most active commercial corridors.

FOR SALE DETAILS

PRICE

$1,790,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Service Station, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

C-4

APN/PARCEL ID

49-02-23-106-005.000-400

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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