$500,000
$699,000
28.5%For more information regarding the value of a property, please contact us for a free consultation.
7711 W 10th ST Indianapolis, IN 46214
5,647 SqFt
Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,647 sqft
Price per Sqft $88
MLS Listing ID 21962561
Sold Date 09/24/24
Year Built 1948
Tax Year 2022
Lot Size 1.180 Acres
Acres 1.18
Property Sub-Type Retail
Property Description
This Property Presents A Valuable Opportunity For Businesses, Especially Considering Its Division Into Three Distinct Suites Of Varying Sizes And Its Location In A High-Traffic Area. Here's A Breakdown Of Why Each Aspect Of This Property Contributes To Its Potential As An Excellent Retail Space: Diverse Suite Sizes: Suite A (1,800 Sq. Ft.): This Space Is Ideal For Small To Medium-Sized Retail Operations, Offering Enough Room For A Showroom Or Store Layout Without Being Overwhelming In Terms Of Maintenance And Overhead Costs. Suite B (2,726 Sq. Ft.): This Larger Space Allows For More Extensive Inventory, A Wider Variety Of Products, Or Additional Features Like A Customer Lounge Or Larger Storage Areas. It's Suitable For Businesses Expecting Higher Foot Traffic Or Needing More Display Area. Suite C (1,121 Sq. Ft.): The Smallest Of The Three, This Suite Is Perfect For Boutique Shops, Specialized Services, Or Start-Ups Looking To Establish A Physical Presence Without The Commitment To A Large Space. High Traffic Area (24,073 Automobiles Daily): The Daily Automobile Traffic Volume Is A Critical Factor For Retail Businesses. High Visibility Can Significantly Increase Brand Awareness And Naturally Drive More Foot Traffic To The Business. It Suggests That The Location Is Accessible And Convenient, Two Factors Crucial For Attracting And Retaining Customers. Great For Retail Space: Retail Businesses Thrive On Visibility And Accessibility, Which This Property Evidently Offers. The Mix Of Suite Sizes Provides Flexibility For Various Types Of Retail Operations, From Clothing Stores And Specialty Boutiques To Service-Oriented Businesses Like Salons Or Quick-Service Food Outlets.
Location
State IN
County Marion
Zoning C3
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Gas, Water Connected
Building
Story One
New Construction false
Schools
Middle Schools John L Mcculloch Junior High Sch
School District Marion Community Schools
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