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8530 Center Run Dr
Indianapolis, IN 46250
Retail Property For Sale
Executive Summary
Prime Commercial Auto Service Property in Thriving Castleton Market! This recently renovated, freestanding 3,748 SF commercial building sits on a 0.65-acre lot (approx. 28,227 SF) in the heart of Indianapolis' bustling Castleton commercial corridor. Built in 2002 and zoned C-4 (ideal for major business uses including retail, service, and automotive), this single-tenant-ready property offers excellent visibility and easy access just off E 86th Street.
This property is perfectly suited for:
*Auto service / quick lube / repair shop
*Automotive accessory or detailing business
*Convenience retail, drive-thru concepts, or flex commercial uses
*Owner-user or investor seeking a turnkey single-tenant asset in a proven location
Castleton remains one of Indy's most established and active commercial hubs, with heavy daily traffic and strong regional draw. Position your business in this high-visibility spot and take advantage of the steady flow of customers in this vibrant northeast Indianapolis submarket.
This property is perfectly suited for:
*Auto service / quick lube / repair shop
*Automotive accessory or detailing business
*Convenience retail, drive-thru concepts, or flex commercial uses
*Owner-user or investor seeking a turnkey single-tenant asset in a proven location
Castleton remains one of Indy's most established and active commercial hubs, with heavy daily traffic and strong regional draw. Position your business in this high-visibility spot and take advantage of the steady flow of customers in this vibrant northeast Indianapolis submarket.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,748 SF
Building Class
B
Year Built
2002
Price
$849,518 CAD
Price Per SF
$226.66 CAD
Cap Rate
9%
NOI
$76,457 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.65 AC
Zoning
C-4 - C-4
Parking
11 Spaces (2.93 Spaces per 1,000 SF Leased)
Frontage
136’ on Center Run Dr
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 49-02-22-102-004.000-400 | Improvements Assessment | $448,831 CAD |
| Land Assessment | $260,004 CAD | Total Assessment | $708,835 CAD |
Property Taxes
Parcel Number
49-02-22-102-004.000-400
Land Assessment
$260,004 CAD
Improvements Assessment
$448,831 CAD
Total Assessment
$708,835 CAD
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