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Office Space with Controlled Parking
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345 Massachusetts Ave, Indianapolis, IN 46204

Office space with historic character, street-level entry, and on-site controlled parking in a walkable downtown setting.

Property Size3,084 SF
Days on Market510

Property Features for 345 Massachusetts Ave

General Information

Standard status Active
Size 3,084 SF
Property subtype OFFICE

Amenities

controlled parking
Listing Agency: JLL | Indianapolis
Listed By: Abby Zito · License #RB14046697
Source: Moodyscre
Added: Mar 7, 2025 Changed: Jul 26 Last Checked: Jul 30 at 1:35PM

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 JLL | Indianapolis

Investment Insights

Based on property information with market context.

This office space offers historic charm and character throughout, with street-level entry available along Massachusetts Avenue and Alabama Street. The layout is designed for professional use and includes on-site, controlled parking for tenant and visitor convenience.

The property is steps from Massachusetts Avenue and the core of the Central Business District. Multiple local dining and nightlife options are within walking distance, including Bakersfield, Bazbeaux Pizza, Ball and Biscuit Lounge, The Eagle, and The Tap. Nearby public transportation options and flat bike lanes add additional commuting flexibility.

Key Highlights

  • Office space with historic charm and character throughout
  • Street‑level entry on Mass Ave and Alabama Street
  • On‑site/controlled parking

Property Analytics

Current Use

Slapfish Restaurant Broccoli Bill's Grocery & Convenience Store CapinCrouse LLP Corporate Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nursing Home HVAC Service Farmer's Market

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

5,431
Businesses Nearby

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

Lease Benchmarks for Indianapolis, IN

$21.07 /SF/Yr
Avg Asking Price
$10–$95.52 /SF/Yr
Price Range
6,646 SF
Avg Space Size

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space with historic character, street-level entry, and on-site controlled parking in a walkable downtown setting.
Where is this office units located?
The property is located at 345 Massachusetts Ave Indianapolis, IN.
What are key features of this property?
This property features: Office space with historic charm and character throughout; Street‑level entry on Mass Ave and Alabama Street; On‑site/controlled parking
(317) 810-7178 Call to check price and availability
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