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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.

Space Size664 SF - 3,084 SF
Days on Market101

Property Features for 345 Massachusetts Ave

General Information

Standard status Active
Size 664 SF - 3,084 SF
Class B
Property subtype office

Site & Location

Neighborhood Downtown

Amenities

controlled parking

Spaces For Lease

at 345 Massachusetts Ave Contact us

Available Space Immediate

Floor 1
Size 3,084 SF
Term Negotiable
Contact us

Available Space Immediate

Floor 3
Size 664 SF
Term Negotiable
Contact us

Available Space Immediate

Floor Basement Level
Size 2,170 SF
Term Negotiable
Contact us

Available Space Immediate

Floor Basement Level
Size 2,678 SF
Term Negotiable
Contact us
Listing Agency: Indianapolis
Listed By: John Vandenbark · License #RB14000048
Source: Property.jll
Added: Jul 25 Changed: Nov 2 Last Checked: Nov 1 at 2:49AM

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 Indianapolis

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

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

Suggested Use

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

7,313
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$22.47 /SF/Yr
Avg Asking Price
$1.97–$275 /SF/Yr
Price Range
8,799 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

Frequently Asked Questions

What type of property is this?
Office unit - Office space with historic character, street-level entry, and on-site controlled parking in a walkable downtown setting.
Where is this office unit 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
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