Retail Space
5955 Michigan Road Indianapolis, IN 46228
Details & Description
Price: $699,900
    7,110 SF multi-tenant Retail Strip Center on Michigan Road with 27,967 Average Daily Traffic. On a Hard Corner, across from Speedway. Long-standing established tenants. Several highly esteemed private education institutions within a 2.25 radius (International School, Sycamore School, Orchard School, Butler University, Jewish Community Center, St Luke Catholic School). 2-mile radius Average Household income of $78,900.
    Property ID:    267081
    Property URL: melqr.com/267081
    Generated:    04-16-24
    Additional Photos
    Listing Agents
    Amy Bush
    KW Commercial
    O: 919-272-2047
    amybush@kw.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Indiana / Indianapolis / 46228 / 5955 Michigan Road

    5955 Michigan Road

    Indianapolis, IN 46228

    Listing ID: 267081
    Print Single-Page Version
    • 5955 Michigan Road Indianapolis, IN 46228 | for Sale | Photo 1
    • 5955 Michigan Road Indianapolis, IN 46228 | for Sale | Photo 2
    • 5955 Michigan Road Indianapolis, IN 46228 | for Sale | Photo 3
    • 5955 Michigan Road Indianapolis, IN 46228 | for Sale | Photo 4
    5955 Michigan Road | for Sale | Thumbnail 1
    5955 Michigan Road | for Sale | Thumbnail 2
    5955 Michigan Road | for Sale | Thumbnail 3
    5955 Michigan Road | for Sale | Thumbnail 4
    Building Size: 7,110 SF
    Lot Size: 0.622 AC
    Land Size: 27,094 SF
    Building $/SF: $98.44
    Land $/SF: $25.83
    Price
    $699,900
    Description

    7,110 SF multi-tenant Retail Strip Center on Michigan Road with 27,967 Average Daily Traffic. On a Hard Corner, across from Speedway. Long-standing established tenants. Several highly esteemed private education institutions within a 2.25 radius (International School, Sycamore School, Orchard School, Butler University, Jewish Community Center, St Luke Catholic School). 2-mile radius Average Household income of $78,900.

    Attachments & Files
    5955michiganrd.salesbrochure.forsale-hc0-w3G.pdf

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Indianapolis History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment
    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Indianapolis Area Market Trends

    Listing Demographics for 5955 Michigan Road Indianapolis, IN 46228

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population6,15485,957232,919
    Population Median Age363536
    Population by Age0-9 Yrs918 (14%)12594 (14%)34107 (14%)
    10-19 Yrs1049 (17%)12512 (14%)29618 (12%)
    20-29 Yrs714 (11%)14215 (16%)40323 (17%)
    30-39 Yrs854 (13%)12679 (14%)35349 (15%)
    40-49 Yrs580 (9%)10216 (11%)26562 (11%)
    50-59 Yrs876 (14%)9638 (11%)27171 (11%)
    60-69 Yrs685 (11%)7871 (9%)21909 (9%)
    70+ Yrs478 (7%)6231 (7%)17880 (7%)
    Median HH Income$60,873$58,641$50,178
    Total Household Income< 24K468 (21%)5843 (18%)21069 (23%)
    25-49K474 (21%)7725 (24%)24430 (26%)
    50-74K512 (23%)5633 (17%)15354 (16%)
    75-99K299 (13%)3926 (12%)10587 (11%)
    100-199K351 (16%)5898 (18%)14380 (15%)
    200K+75 (3%)2463 (7%)5428 (5%)
    Highest Education LevelNo Diploma521502316804
    Diploma or GED1139983432323
    Some College7191042329619
    Assoc. Degree349443411052
    Bachelors Degree7151467638049
    Higher Degree443914422306
    Total Housing Units2,33334,825103,920
    --Owner-Occupied1,62518,18746,689
    --Renter-Occupied55413,30144,559
    Owner-Occupied Values< 100K496299610902
    100-199K879842419976
    200-299K16031307348
    300-399K1713913537
    400-499K166371661
    500K+5716093267
    Total Working Age Population4,58766,710181,358
    In Work Force3,06547,104125,842
    Not In Work Force1,52219,60655,516
    Workforce Employed2,82744,611118,441
    Workforce Unemployed2362,4367,223
    Civlian Workforce3,06347,048125,664
    Military Workforce256178
    Total Households2,17931,48891,248
    Family Households1,45017,93247,676
    Non-Family Households72913,55643,572
    Married Couple89012,12030,139
    Other Family5605,81217,537
    Married w/Child2755,21611,969
    Single Male w/Child464911,788
    Single Female w/Child2772,8728,536

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Boone County46,107+2356,640+2570,556+1983,749
    Hamilton County182,740+50274,569+25343,179+22417,754
    Marion County860,454+5903,393+7963,732+41,001,231

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5955 Michigan Road in Indianapolis?
    The asking price for 5955 Michigan Road is $699,900
    What is the building size of this Retail property in Indianapolis, IN?
    The size of the building/unit at 5955 Michigan Road in Indianapolis is 7,110 square feet
    How much land does the Indianapolis, IN property at 5955 Michigan Road include?
    5955 Michigan Road in Indianapolis includes 0.622 acres of land
    What kind of Retail is the propery at 5955 Michigan Road?
    The property at 5955 Michigan Road Indianapolis, IN 46228 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 5955 Michigan Road in Indianapolis?
    The population within 1 mile of 5955 Michigan Road Indianapolis, IN 46228 is 6,154 people.
    Who do I contact for questions about 5955 Michigan Road?
    You should contact the listing agent, Amy Bush , for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    5620 Georgetown Road, Indianapolis, IN $8,290,000 80723 12.19
    3902 West 86th Street, Indianapolis, IN $397,500 3312 1.2
    1910 Lafayette Road, Indianapolis, IN $299,000 2299 0.42
    1251 West 16th Street, Indianapolis, IN $499,000 1740 0.36
    1041 North Girls School Road, Indianapolis, IN $429,000 5400 0.5
    2506 East Washington Street, Indianapolis, IN $589,000 4158 0.2
    860 Virginia Avenue, Indianapolis, IN $2,250,000 9872 0.43
    902 Virginia Avenue, Indianapolis, IN $3,300,000 11820 0.65
    5071 East 10th Street, Indianapolis, IN CALL 5982 -
    4537 Shadeland Avenue, Indianapolis, IN $390,000 4000 0.63

    Closest Commercial Airports

    Airport Distance (mi)
    Indianapolis International Airport (IND) 11
    Fort Wayne International Airport (FWA) 94
    Cincinnati Northern Kentucky International Airport (CVG) 99
    Price
    $699,900
    Listing Agent
    Amy Bush - CRE Agent at KW Commercial

    Amy Bush

    KW Commercial

    VIEW AGENT PROFILE

    CONTACT AGENT

    More listings from Amy Bush
    421 East Main Street
    Brownsburg, IN 46112
    Primary photo of 421 East Main Street, Brownsburg, IN
    $679,900
    • Type Retail
    • Building SF 5,616
    • Lot AC 1.400
    8602 Lafayette Road
    Indianapolis, IN 46278
    Primary photo of 8602 Lafayette Road, Indianapolis, IN
    $1,300,000
    • Type Industrial
    • Building SF 10,667
    • Lot AC 7.930
    415 East Main Street
    Brownsburg, IN 46112
    Primary photo of 415 East Main Street, Brownsburg, IN
    $324,900
    • Type Retail
    • Building SF 912
    • Lot AC 0.850
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Roofing Contractor •
    Stay Dry Roofing LLC logo
    Repair, replace, maintain. Click here!
    • HVAC Contractor •
    Oakland Heating and Air LLC logo
    Click to stay cool this summer
    • HVAC Contractor •
    Kights Quality Air LLC logo
    Click to stay cool this summer

    Share
    Other property types near Indianapolis, IN
     • Commercial Real Estate For Sale in Indianapolis, IN
     • Commercial Real Estate For Lease in Indianapolis, IN
     • Office Space For Sale in Indianapolis, IN
     • Office Space For Lease in Indianapolis, IN
     • Industrial Property For Sale in Indianapolis, IN
     • Industrial Property For Lease in Indianapolis, IN
     • Flex-Office-Warehouse Space For Sale in Indianapolis, IN
     • Flex-Office-Warehouse Space For Lease in Indianapolis, IN
     • Retail Space For Sale in Indianapolis, IN
     • Retail Space For Lease in Indianapolis, IN
     • Multifamily Housing For Sale in Indianapolis, IN
     • Specialty Real Estate For Sale in Indianapolis, IN
     • Commercial Land and Lots For Sale in Indianapolis, IN
     • Commercial Land and Lots For Lease in Indianapolis, IN