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Monon 46 Restaurant Space
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1121 East 46th Street, Indianapolis, IN 46205

Flexible dining venue with tall ceilings, roof exhaust, parking, and direct Monon Trail access.

Space SizeContact for details
Days on Market90

Property Features for 1121 East 46th Street

General Information

Standard status Active
Property subtype Retail

Additional Details

Space Use Restaurant
Patio Yes
Listing Agency: CBRE | Indianapolis
Listed By: Diana Zagarzhevskiy · License #RB20001523
Source: Cbre
Added: Jun 2 Changed: Aug 29 Last Checked: Aug 29 at 1:51PM

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 CBRE | Indianapolis

Investment Insights

Based on property information with market context.

Monon 46 offers restaurant space at 1121 East 46th Street in Indianapolis, with a layout adaptable to different dining concepts. The property features tall ceilings, an exhaust system routed to the roof, and an outdoor patio. Flexible floor plans support a range of restaurant configurations, from casual service to upscale dining.

The space connects directly with the Monon Trail, which links Midtown and Broad Ripple. Convenient parking is available for diners, and public transportation options are located nearby. The surrounding trail and business activity provide a community-oriented setting for restaurant operators, with events hosted throughout the year.

Key Highlights

  • Direct connection to the Monon Trail between Midtown and Broad Ripple
  • Tall ceilings and roof‑routed exhaust system
  • Outdoor patio included with the restaurant space

Property Analytics

Current Use

Rapid Dental Service ... Dental Office

Suggested Use

Top Pick Pharmacy (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair Locksmith Auto Parts Store

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

414
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Flexible dining venue with tall ceilings, roof exhaust, parking, and direct Monon Trail access.
Where is this conventional restaurant located?
The property is located at 1121 East 46th Street Indianapolis, IN.
What are key features of this property?
This property features: Direct connection to the Monon Trail between Midtown and Broad Ripple; Tall ceilings and roof‑routed exhaust system; Outdoor patio included with the restaurant space
More about this property
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