Broad Ripple Core Retail Assemblage Retail FOR SALE


Indianapolis, IN - Broad Ripple
$2,572,800 USD
317-635-3333
, Indianapolis, IN for Sale
$2,572,800 USD
Retail - FOR SALE
1/11
null | 5.86% Cap Rate

Broad Ripple Core Retail Assemblage
Indianapolis, IN
Broad Ripple


HIGHLIGHTS

  • Prime Broad Ripple core location within a highly walkable retail corridor
  • 2 contiguous parcels improved with 2 commercial buildings totaling ±7,680 SF
  • Multi-tenant commercial asset with stable in-place income
  • Predominantly NNN lease structure
  • 18 on-site parking spaces — rare for the submarket
  • C-4 commercial zoning allowing broad permitted uses

OVERVIEW

902 & 908 E Westfield Blvd present a multi-tenant commercial investment opportunity located in the heart of the Broad Ripple mixed-use corridor. The offering consists of two contiguous parcels improved with two commercial buildings totaling approximately 7,680 square feet. The property includes flexible ground-floor and second-floor spaces suitable for retail or general commercial use, providing stable in-place income within one of Indianapolis’ most established mixed-use corridors. The asset is currently occupied by three tenants under a predominantly NNN lease structure. The property has undergone documented capital improvements, including multiple HVAC replacements between 2015 and 2025 and well-maintained roofing systems, reducing near-term capital expenditure risk for incoming ownership. Zoned C-4 (Commercial) and adjacent to the Broad Ripple Canal, the site offers strong corridor positioning, walkability, and long-term redevelopment optionality. The inclusion of approximately 18 on-site parking spaces — a rare amenity in this submarket — further enhances tenant stability and future value potential.

ASK ABOUT THIS PROPERTY

Steve FlanaganR.P. Lux Company, Inc.More Info
317-635-3333

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Steve FlanaganR.P. Lux Company, Inc.More Info
317-635-3333

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