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    646 Massachusetts Ave Indianapolis, IN 46204

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    For Lease
    Contact for pricing

    New construction retail space in the heart of Indianapolis.

    Property size:
    2,531 SF
    Lot size:
    0.23 Acres

    Property Features for 646 Massachusetts Ave

    General Information

    Size
    2,531 SF
    Lot size
    0.23 Acres

    Source: Newmark | Indianapolis Agent Kayla Toler

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

    Overview

    Prime Retail Space on Mass

    This new construction boutique retail space is situated in the heart of Mass Ave, placing it in close proximity to art galleries, bars, shops, restaurants, and theaters. The property offers access to amenities and high-profile visibility. The property size is 2531 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    646 Massachusetts Ave ... Parking Lot Cookie Plug Bakery The SeaMossBoss LLC Store

    Suggested Use

    Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1481839
    Latitude
    39.7758526

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    FAQs

    What type of property is this?
    Retail space - New construction retail space in the heart of Indianapolis.
    Where is this retail space located?
    The property is located at 646 Massachusetts Ave Indianapolis, IN.
    What are key features of this property?
    This property features: - Prime location in the heart of Mass Ave, surrounded by art galleries, bars, shops, restaurants, and theatres.; - New construction boutique property.; - At-your-door parking access.
    (317) 727-5625
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    646 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
    646 Massachusetts Ave Indianapolis, IN 46204
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