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Industrial Building Near Mass Ave
For Lease
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1417 Commerce Ave, Indianapolis, IN 46201

Industrial space for lease with convenient highway access and parking.

Space Size3,500 SF
Days on Market281

Property Features for 1417 Commerce Ave

General Information

Standard status Active
Size 3,500 SF
Property subtype INDUSTRIAL
Lease Type NNN

Spaces For Lease

at 1417 Commerce Ave Contact us

1417 Commerce Ave $8/SF/Yr

Floor
1
Size
3,500 SF
Type
INDUSTRIAL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- +/- 12,600 SF available (Owner would subdivide to smaller spaces) - Heavy industrial...
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Listing Agency: SVN | Northern Commercial
Listed By: Wade Wilson · License ##RB20000720
Source: Moodyscre
Added: Nov 21, 2025 Changed: Aug 25 Last Checked: Aug 26 at 11:01AM

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 SVN | Northern Commercial

Investment Insights

Based on property information with market context.

An industrial building offering approximately 12,600 square feet of space is available for lease. The owner is willing to subdivide the space into smaller units. The property is located directly off Mass Ave, providing convenient access to I-70 and I-465, as well as downtown Indianapolis. The building features approximately 1,750 square feet of office space and ample on-site parking. It has I3 zoning, which permits outdoor storage. The property has 3-Phase 400amp power.

Key Highlights

  • Excellent access to I‑70, I‑465, and downtown Indianapolis.
  • +\/- 12,600 SF available (Owner would subdivide to smaller spaces).
  • Heavy industrial zoning (I3) - outdoor storage permitted.

Property Analytics

Current Use

Ruckus Business Service Center NECESSARY EVILS Clothing Store Bike Parking Bicycle Rack Wonder Design & Associates Construction Company Krista Bermeo Studio (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Pharmacy Building Supply Spa & Massage Center Law Firm Electrical Service Storage Facility

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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,027
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$11.47 /SF/Yr
Avg Asking Price
$7–$18 /SF/Yr
Price Range
40,468 SF
Avg Space Size

This space is priced 30% below the average of $11.47 /SF/Yr.

Vacancy Rate% for Industrial in Indianapolis, IN

4.3% 2019
5.4% 2020
4.1% 2021
5.3% 2022
9.9% 2023
10.5% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial space for lease with convenient highway access and parking.
Where is this warehouse located?
The property is located at 1417 Commerce Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Excellent access to I‑70, I‑465, and downtown Indianapolis.; +\/- 12,600 SF available (Owner would subdivide to smaller spaces).; Heavy industrial zoning (I3) - outdoor storage permitted.
(317) 863-9271 Call to check price and availability
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