Retail Shell Space for
For Sale
Contact for pricing
229 S Delaware St., Indianapolis, IN 46204
Blank-canvas retail shell positioned for visibility and foot traffic in a dense downtown shopping environment.
Property Size44,000 SF
Days on Market49
Property Features for 229 S Delaware St.
General Information
Standard status
Active
Size
44,000 SF
Property subtype
Mixed-Use Development
Building Details
Building Size
44,000 SF
Properties For Sale
at 229 S Delaware St. Contact us- Size
- 3,041 SF
- Type
- Street Retail
- Term
- Negotiable
D – Suite 104
Listing Agency:
ALO Property Group
(317) 698-8446
Listed By:
Gary Perel
(317) 698-8446
Source:
Alopg
Added: Jun 25
Changed: Aug 8
Last Checked: Aug 11 at 5:22AM
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 ALO Property Group
Investment Insights
Based on property information with market context.
This offering presents a retail shell space designed for tenant customization. As a blank canvas, the interior can be built out to fit a specific operating layout and retail concept. The space is suited for parties looking to expand an existing retail presence or launch a new venture with a tailored configuration.
The location is described as particularly desirable for its high visibility and foot traffic within CityWay, a downtown Indianapolis neighborhood featuring a mix of residential, retail, and commercial uses. The property is positioned near multiple established retailers and notable destinations, including Agave & Rye, Tupelo Honey, Taxman Brewing Co, and The Alexander Hotel, along with proximity to Eli Lilly and Gainbridge Fieldhouse. Additional nearby landmarks referenced include Lucas Oil Stadium and the Indiana Convention Center.
For retailers, the practical advantage here is flexibility: the space is available as a shell, allowing an operator to plan the buildout around their program rather than adapting to an existing interior. The setting supports neighborhood retail activity with surrounding commercial tenants and frequently visited venues.
The location is described as particularly desirable for its high visibility and foot traffic within CityWay, a downtown Indianapolis neighborhood featuring a mix of residential, retail, and commercial uses. The property is positioned near multiple established retailers and notable destinations, including Agave & Rye, Tupelo Honey, Taxman Brewing Co, and The Alexander Hotel, along with proximity to Eli Lilly and Gainbridge Fieldhouse. Additional nearby landmarks referenced include Lucas Oil Stadium and the Indiana Convention Center.
For retailers, the practical advantage here is flexibility: the space is available as a shell, allowing an operator to plan the buildout around their program rather than adapting to an existing interior. The setting supports neighborhood retail activity with surrounding commercial tenants and frequently visited venues.
Key Highlights
- Blank‑canvas retail shell space for customization and tenant‑built layout
- Located in CityWay, a downtown Indianapolis neighborhood with a mix of residential, retail, and commercial spaces
- Positioned for visibility and foot traffic in a dense downtown shopping environment
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,576
Businesses Nearby
Explore this area
Business Placement
Demographics for 46204, IN
9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value
Market
Vacancy Rate% for Retail in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Retail space - Blank-canvas retail shell positioned for visibility and foot traffic in a dense downtown shopping environment.
Where is this retail space located?
The property is located at 229 S Delaware St. Indianapolis, IN.
What are key features of this property?
This property features: Blank‑canvas retail shell space for customization and tenant‑built layout; Located in CityWay, a downtown Indianapolis neighborhood with a mix of residential, retail, and commercial spaces; Positioned for visibility and foot traffic in a dense downtown shopping environment
