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    863 Massachusetts Ave Indianapolis, IN 46204

    For Lease
    $34 SF/Yr

    Historic redevelopment with customizable office space and unbeatable walkability.

    Property size:
    10,000 SF
    Lot size:
    1.33 Acres

    Property Features for 863 Massachusetts Ave

    General Information

    Size
    10,000 SF
    Lot size
    1.33 Acres

    Source: Colliers Agent Rich Forslund

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Office Space on Mass

    This property offers creative office space within a mixed-use historic redevelopment located on Indianapolis's vibrant Massachusetts Avenue. The location provides excellent walkability to the amenities of Mass Ave. Onsite, controlled parking is available for tenants and visitors. Customizable buildouts are offered to suit specific business needs. The property features a newly renovated lobby, a new social hub, and an outdoor patio. Excellent signage opportunities are available along Massachusetts Avenue and Interstates I-65 and I-70. The property offers 10000 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    863 Massachusetts Ave ... Parking Lot Marion County Welfare ... Social Services Organization 863 Mass Office Space Rental Agency

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1431308
    Latitude
    39.7788428

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    FAQs

    What type of property is this?
    Office space - Historic redevelopment with customizable office space and unbeatable walkability.
    Where is this office space located?
    The property is located at 863 Massachusetts Ave Indianapolis, IN.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - Unbeatable walkability to all Mass Ave has to offer; - Onsite, controlled parking lot for tenants and their visitors; - Excellent signage opportunities along Mass Ave and I-65/I-70
    (317) 507-8591
    Request Owner's contact information
    863 Massachusetts Ave Indianapolis, IN 46204
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    Indianapolis, IN 46204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    863 Massachusetts Ave Indianapolis, IN 46204
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