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

Office suite with historic character and street-level entry, plus on-site controlled parking.

Property Size1,718 SF
Days on Market512

Property Features for 345 Massachusetts Ave

General Information

Standard status Active
Size 1,718 SF
Property subtype OFFICE

Site & Location

Road Access Yes
Public Transit Yes

Amenities

on-site/controlled parking
Listing Agency: JLL | Indianapolis
Listed By: Abby Zito · License #RB14046697
Source: Moodyscre
Added: Mar 7, 2025 Changed: Jul 31 Last Checked: Aug 1 at 4:38AM

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.

Office suite with historic charm and character throughout the space, designed for an efficient street-level customer or team presence. Entry is available along Massachusetts Ave and Alabama Street, with on-site controlled parking to support day-to-day access.

The location places the suite steps from Mass Ave and the core of the Central Business District, putting a range of nearby dining and services within walking distance. Public transportation options are available nearby, and the area includes excellent, flat bike lanes for convenient commuting and local travel.

This is a practical option for an office user seeking a central, walkable address with controlled parking and straightforward street access.

Key Highlights

  • Historic charm and character throughout the space
  • On‑site controlled parking
  • Entry along Massachusetts Ave and Alabama Street

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

Yes
Paved road access
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 suite with historic character and street-level entry, plus on-site controlled parking.
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: Historic charm and character throughout the space; On‑site controlled parking; Entry along Massachusetts Ave and Alabama Street
(317) 810-7178 Call to check price and availability
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