229 S Delaware St., Indianapolis, IN 46204

Properties For Sale

at 229 S Delaware St. Contact us

Listing office Alo Property Group G***@alopg.com Show Phone

Listing date Jun 25, 2026

Source Alopg

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Overview

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.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.1543724

Latitude

39.7630932

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FAQs

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