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Retail Suite with Street-Level Frontage
For Lease
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615 N East St, Indianapolis, IN 46202

Street-level Suite A includes direct Massachusetts Avenue frontage and can be combined with lower-level Suite D space.

Space Size1,305 SF - 1,858 SF
Property Size24,790 SF
Days on Market168

Property Features for 615 N East St

General Information

Standard status Active
Size 1,305 SF - 1,858 SF
Property subtype Retail

Building Details

Building Size 24,790 SF
Stories 3
Tenancy Multiple

Spaces For Lease

at 615 N East St Contact us

Suite A

Size
1,305 SF
Availability
Active
Contact us

Suite D (Lower Level)

Size
1,858 SF
Availability
Active
Contact us
Listing Agency: ALO Property Group
Listed By: Gary Perel · License #IN
Source: Crexi
Added: Mar 30 Changed: Sep 5 Last Checked: Sep 13 at 5:10AM

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 ALO Property Group

Investment Insights

Based on property information with market context.

The Argyle is a three-story commercial retail asset totaling approximately 24,790 SF. The available space offers street-level retail with Suite A plus an additional lower-level option with Suite D, which can be combined for a total of 3,163 RSF. Suite A is located at street level with direct frontage along Massachusetts Avenue, with Suite D on the lower level.

The building sits at a prominent intersection on North East Street and Massachusetts Avenue in Indianapolis, in the heart of the city’s cultural arts district. The property is described as being approximate to the Bottleworks District, and it is marketed as having high visibility with a Walk Score of 97.

The configuration supports flexible retail and service-oriented use across the combined street-level and lower-level space, with direct street presence on Massachusetts Avenue.

Key Highlights

  • Iconic 24,790 SF, three‑story commercial building at the intersection of North East Street and Massachusetts Avenue
  • Available street‑level Suite A: 1,305 RSF with direct Massachusetts Avenue frontage
  • Lower‑level Suite D: 1,858 RSF, with space that can be combined with Suite A

Property Analytics

Current Use

The Argyle on Mass Ave Apartment Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nursing Home Supermarket Adult Day Care

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

5,226
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$18.49 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
8,089 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Street-level Suite A includes direct Massachusetts Avenue frontage and can be combined with lower-level Suite D space.
Where is this retail space located?
The property is located at 615 N East St Indianapolis, IN.
What are key features of this property?
This property features: Iconic 24,790 SF, three‑story commercial building at the intersection of North East Street and Massachusetts Avenue; Available street‑level Suite A: 1,305 RSF with direct Massachusetts Avenue frontage; Lower‑level Suite D: 1,858 RSF, with space that can be combined with Suite A
(317) 853-7500 Call to check price and availability
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