Rare 10% Cap Rate Retail Opportunity in Fountain Square

For Sale

860 Virginia Avenue, Indianapolis, IN 46203

This Indianapolis property for sale is located at 860 Virginia Avenue. The general use of Rare 10% Cap Rate Retail Opportunity in Fountain Square is retail and it incorporates 9,872 square feet of class C retail space. The current listed sale price for Rare 10% Cap Rate Retail Opportunity in Fountain Square is $2,250,000. Rare 10% Cap Rate Retail Opportunity in Fountain Square is situated on a lot that is 0.43 acre in size.

Contacts

Jess Lawhead

SVN | Northern Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,872 SF
  • Units 2
  • Lot Size 0.43 Acre
  • Building Class C
  • Year Built 1980
  • Date Updated Jun 17, 2026
860 Virginia Ave is in the Fountain Square neighborhood of Indianapolis, a district with a mix of shops, restaurants, and amenities. The property has strong visibility on Virginia Avenue and immediate access to Interstate 70, providing convenient transportation for customers and employees. Its central location places it in one of Indianapolis’ active commercial areas.This freestanding building offers a flexible layout suitable for a variety of commercial uses. The structure includes multiple entrances, a drive-in door, and on-site parking for customers and staff. Its prominent frontage on Virginia Avenue ensures high visibility and easy access.
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Highlights

  • 11' Drive-in door for loading or deliveries
  • 12 on-site parking spaces
  • 173 feet of frontage on Virginia Avenue
  • Direct access from both Virginia Avenue and an alley
  • Flexible space for retail, office, warehouse, or service uses
  • Strong traffic counts with high daily visibility

Attachments

Getting around

  • 91/100

    Walk Score ®

  • 48/100

    Transit Score ®

  • 94/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Indianapolis, IN
  • Neighborhood Fountain Square
  • Zip Code 46203
  • Market Indianapolis

Points of Interest

  • ChargePoint

    0.43 miles

  • Phillips 66

    0.45 miles

  • Speedway

    0.45 miles

  • Marathon

    0.50 miles

  • Shell

    0.91 miles

  • BP

    1.02 miles

  • Tesla Supercharger

    1.19 miles

  • Tesla Destination Charger

    2.98 miles

  • Electrify America

    4.94 miles

  • Lot 35

    0.51 miles

  • Lot 48

    0.52 miles

  • Lot 98

    0.62 miles

  • Lot 43 South

    0.67 miles

  • LaRosa South

    0.71 miles

  • Lot 43 North

    0.71 miles

  • Lot C

    0.74 miles

  • Cityway North Car Park

    0.77 miles

  • Virginia Avenue Garage

    0.85 miles

  • Union Station Parking Garage

    0.90 miles

  • Three Carrots

    0.09 miles

  • Siam Square

    0.10 miles

  • Hot Boy's

    0.13 miles

  • Rook

    0.17 miles

  • Hong Kong Restaurant

    0.17 miles

  • Bluebeard

    0.21 miles

  • La Margarita Fountain Square

    0.22 miles

  • Tortas Guicho Dominguez y El Cubanito

    0.22 miles

  • Easy Rider

    0.23 miles

  • Dairy Queen

    0.24 miles

  • Angelo's Food Market

    0.58 miles

  • Express Neighborhood Market

    0.63 miles

  • Village Pantry

    0.65 miles

  • Village Food Mart

    1.01 miles

  • Whole Foods Market

    1.02 miles

  • Carson's

    1.12 miles

  • Circle Center Mall

    1.13 miles

  • Safeway

    1.20 miles

  • Trans-Plants

    1.21 miles

  • Needler's Fresh Market

    1.23 miles

Contact Listing Broker
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