Industrial Building Near Mass
For Lease
$8 SF/Yr
1417 Commerce Ave, Indianapolis, IN 46201
Industrial space for lease with convenient highway access and parking.
Space Size3,426 SF
Property Size20,223 SF
Days on Market296
Property Features for 1417 Commerce Ave
General Information
Standard status
Active
Size
3,426 SF
Class
C
Property subtype
Industrial
Lease Term
NNN
Building Details
Building Size
20,223 SF
Year Built
1950
Spaces For Lease
at 1417 Commerce Ave Contact us- Size
- 3,426 SF
- Type
- Warehouse/Distribution
- Term
- Negotiable
Suite C $8/SF/Yr
Listing Agency:
SVN | Northern Commercial
Listed By:
Wade Wilson · License #IN #RB20000720
(317) 863-9271
Source:
Svn
Added: Nov 21, 2025
Changed: Sep 8
Last Checked: Sep 13 at 6:00AM
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 SVN | Northern Commercial
Investment Insights
Based on property information with market context.
An industrial building offering approximately 12,600 square feet of space is available for lease. The owner is willing to subdivide the space into smaller units. The property is located directly off Mass Ave, providing convenient access to I-70 and I-465, as well as downtown Indianapolis. The building features approximately 1,750 square feet of office space and ample on-site parking. It has I3 zoning, which permits outdoor storage. The property has 3-Phase 400amp power.
Key Highlights
- Excellent access to I‑70, I‑465, and downtown Indianapolis.
- +\/- 12,600 SF available (Owner would subdivide to smaller spaces).
- Heavy industrial zoning (I3) - outdoor storage permitted.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,027
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46201, IN
31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Indianapolis, IN
$10.82 /SF/Yr
Avg Asking Price
$7–$15 /SF/Yr
Price Range
43,477 SF
Avg Space Size
This space is priced 26% below the average of $10.82 /SF/Yr.
Vacancy Rate% for Industrial in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial space for lease with convenient highway access and parking.
Where is this warehouse located?
The property is located at 1417 Commerce Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Excellent access to I‑70, I‑465, and downtown Indianapolis.; +\/- 12,600 SF available (Owner would subdivide to smaller spaces).; Heavy industrial zoning (I3) - outdoor storage permitted.
