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Standalone Retail Building
For Lease
Contact for pricing

1024 E Market St, Indianapolis, IN 46202

Retail space positioned within Elevator Hill Campus, a district serving Indianapolis startup and growth companies.

Space Size2,100 SF
Days on Market153

Property Features for 1024 E Market St

General Information

Standard status Active
Size 2,100 SF
Class C
Property subtype Retail - Street Retail

Additional Details

Space Use Retail

Building Details

Building Size 2,100 SF
Year Built 1953

Spaces For Lease

at 1024 E Market St
1024 E Market Street Immediate
Size 2,100 SF
Type Retail
Rate Contact for pricing
Lease Type NNN
Sublease No
Renewal Option Yes
Contact us
Listing Agency: Coombes Real Estate
Listed By: Robert Coombes · License #RB17000978
Source: Commercialcafe
Added: May 19 Changed: Oct 16 Last Checked: Oct 16 at 5:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coombes Real Estate

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Investment Insights

Based on property information with market context.

This standalone retail building dates to 1953 and is positioned within Elevator Hill Campus, a recognized Indianapolis district associated with startup and growth companies. The property is located just outside the central business district and is surrounded by a mix of businesses and shops.

The building sits in downtown Indianapolis near Monument Circle, Mass Ave, and Gainbridge Arena. Its location places the space within an established urban setting with nearby retail, business, and visitor-oriented destinations.

Key Highlights

  • Standalone retail building built in 1953
  • Located within Elevator Hill Campus, an Indianapolis startup and growth‑company district
  • Positioned just outside Indianapolis's central business district

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store & Service Supermarket Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,815
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Indianapolis, IN

$18.22 /SF/Yr
Avg Asking Price
$9.95–$24 /SF/Yr
Price Range
5,712 SF
Avg Space Size

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025

Similar Off Market Nearby

  • Flower Boys — 702 Lexington Ave, Indianapolis, IN 46203
  • Smith Florist — 42 Virginia Ave, Indianapolis, IN 46204
  • Studio 3 Same Day Flower Delivery CO. — 7 e north st, indianapolis, in 46204

Frequently Asked Questions

What type of property is this?
Storefront property - Retail space positioned within Elevator Hill Campus, a district serving Indianapolis startup and growth companies.
Where is this storefront property located?
The property is located at 1024 E Market St Indianapolis, IN.
What are key features of this property?
This property features: Standalone retail building built in 1953; Located within Elevator Hill Campus, an Indianapolis startup and growth‑company district; Positioned just outside Indianapolis's central business district
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