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Retail Space at Edge 35
For Lease
Contact for pricing

1224 Prospect St, Indianapolis, IN 46203

Street-visible retail space with signage potential in a mixed-use development.

Space Size754 SF
Days on Market476

Property Features for 1224 Prospect St

General Information

Standard status Active
Size 754 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Spaces For Lease

at 1224 Prospect St Contact us

1218 Prospect St

Floor
1
Size
754 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, COE
Sublease
No
- Located in Fountain Square, one of Indy’s most popular cultural districts - Patio...
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Listing Agency: Alo Property Group
Listed By: Gary Perel
Source: Moodyscre
Added: May 12, 2025 Changed: Aug 30 Last Checked: Aug 30 at 5:44AM

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 754-square-foot retail space is part of Edge 35, a mixed-use development in Indianapolis’s Fountain Square cultural district. The property offers potential for a patio, along with prominent signage and street visibility.

The space is positioned near residential and creative office uses, with walkable access to breweries, coffee shops, restaurants, and entertainment venues. Connectivity includes I-65, Downtown Indy, and the Cultural Trail. The surrounding area is characterized by high foot traffic and a dense neighborhood setting.

Key Highlights

  • 754 SF retail space within Edge 35 mixed‑use development
  • Patio potential for outdoor customer space
  • Prominent signage opportunity with street visibility

Property Analytics

Current Use

Era Pilates Gym & Fitness Center Edge 35 Real Estate Agency Bike Parking Bicycle Rack The Edge Apartments Apartment Building

Suggested Use

Top Pick Pharmacy Law Firm (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Daycare Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,095
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$18.38 /SF/Yr
Avg Asking Price
$13–$27.5 /SF/Yr
Price Range
7,999 SF
Avg Space Size

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Street-visible retail space with signage potential in a mixed-use development.
Where is this retail space located?
The property is located at 1224 Prospect St Indianapolis, IN.
What are key features of this property?
This property features: 754 SF retail space within Edge 35 mixed‑use development; Patio potential for outdoor customer space; Prominent signage opportunity with street visibility
(317) 698-8446 Call to check price and availability
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