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4220 W Michigan St 2,332 SF Retail Building Indianapolis, IN 46222 For Sale
Investment Highlights
- Three parcels totaling ±0.75 acres
- Flexible use potential: QSR, c-store, auto, retail, and more
- High traffic counts with easy ingress/egress
- Centrally located with access to major Indianapolis corridors
Executive Summary
Strategic Redevelopment Opportunity – 4220 W Michigan St, Indianapolis, IN
Located along the highly traveled W Michigan Street corridor, this assemblage of three parcels totaling approximately ±0.75 acres presents a strong opportunity for redevelopment or repositioning. The property benefits from consistent traffic flow, solid frontage, and convenient access to major thoroughfares, making it ideal for a variety of commercial uses.
With flexible potential, the site is well-suited for concepts such as a convenience store, quick-service restaurant, automotive use, retail strip, or other service-oriented businesses. Its size and configuration allow for efficient site planning while still offering ample room for parking and circulation.
Positioned within a densely populated area and supported by surrounding residential and commercial activity, this location provides an excellent opportunity to capture both neighborhood and commuter traffic.
Located along the highly traveled W Michigan Street corridor, this assemblage of three parcels totaling approximately ±0.75 acres presents a strong opportunity for redevelopment or repositioning. The property benefits from consistent traffic flow, solid frontage, and convenient access to major thoroughfares, making it ideal for a variety of commercial uses.
With flexible potential, the site is well-suited for concepts such as a convenience store, quick-service restaurant, automotive use, retail strip, or other service-oriented businesses. Its size and configuration allow for efficient site planning while still offering ample room for parking and circulation.
Positioned within a densely populated area and supported by surrounding residential and commercial activity, this location provides an excellent opportunity to capture both neighborhood and commuter traffic.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,332 SF
Building Class
C
Year Built
1950
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.33 AC
Zoning
C3 - COM SMALL DET RETAIL
Parking
8 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-11-05-111-001.000-982 | Improvements Assessment | $136,259 CAD |
| Land Assessment | $39,874 CAD | Total Assessment | $176,132 CAD |
Property Taxes
Parcel Number
49-11-05-111-001.000-982
Land Assessment
$39,874 CAD
Improvements Assessment
$136,259 CAD
Total Assessment
$176,132 CAD
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4220 W Michigan St
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