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Broad Ripple Core Retail Assemblage 2 Retail Properties Offered at $3,510,354 CAD in Indianapolis, IN

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Investment Highlights

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

Executive Summary

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.

Data Room Click Here to Access

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Annual (CAD)
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes $99,999
Operating Expenses $99,999
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Other Income (CAD)
Annual $99,999
Vacancy Loss (CAD)
Annual $99,999
Effective Gross Income (CAD)
Annual $99,999
Taxes (CAD)
Annual $99,999
Operating Expenses (CAD)
Annual $99,999
Total Expenses (CAD)
Annual $99,999
Net Operating Income (CAD)
Annual $99,999

Property Facts

Price $3,510,354 CAD
Price / SF $457.08 CAD / SF
Cap Rate 5.86%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 7,680 SF
Total Land Area 0.20 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
902 E Westfield Blvd, Indianapolis, IN 46220 Retail 4,680 SF 1870 -
908 Westfield Blvd, Indianapolis, IN 46220 Retail 3,000 SF 1998 -
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  • Listing ID: 39655748

  • Date on Market: 2026-03-04

  • Last Updated:

  • Address: Broad Ripple Core Retail Assemblage, Indianapolis, IN

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