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Mixed-Use Building with Street-Level Retail

440 Massachusetts Ave, Indianapolis, IN 46204

For Lease
Contact for pricing

Residential condominiums sit above ground-floor space suited to retail or office use.

Space Size760 SF - 1,338 SF
Days on Market47

Property Features for 440 Massachusetts Ave

General Information

Standard status Active
Size 760 SF - 1,338 SF
Property subtype Retail

Site & Location

Neighborhood Downtown

Spaces For Lease

at 440 Massachusetts Ave Contact us

1st Floor Ste 440 Active

Size 760 SF
Contact us

1st Floor Ste 446 Active

Size 1,338 SF
Contact us
Listing Agency: Monument Management & Reality
Listed By: MIKE SPROVTSOFF · License #RB18000691
Source: Crexi
Added: Sep 24 Changed: Nov 8 Last Checked: Nov 8 at 5:59PM

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 Monument Management & Reality

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 mixed-use building combines residential condominiums on its upper floors with street-facing retail or office space at ground level. The configuration places commercial space directly beneath residential units, with storefront frontage along Massachusetts Avenue.

The property is at 440 Massachusetts Ave in Indianapolis, one street south of the Murat Theatre and two doors from Starbucks.

Key Highlights

  • Residential condominiums above ground‑floor retail or office space
  • One street south of the Murat Theatre
  • Two doors from Starbucks

Property Analytics

Current Use

Ross Whitfield - State ... Insurance Agency

Suggested Use

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

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

6,956
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

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential condominiums sit above ground-floor space suited to retail or office use.
Where is this mixed-use property located?
The property is located at 440 Massachusetts Ave Indianapolis, IN.
What are key features of this property?
This property features: Residential condominiums above ground‑floor retail or office space; One street south of the Murat Theatre; Two doors from Starbucks
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