Rare 10% Cap Rate Retail Opportunity in Fountain Square

860 Virginia Avenue, Indianapolis, IN 46203

Property Information

  • For Sale $2,250,000
  • 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

Description

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.

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

Contacts

Location

Located at 860 Virginia Avenue, Indianapolis, IN 46203, this property is part of the Fountain Square neighborhood and Indianapolis market.

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