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Prime Retail Space on Mass
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646 Massachusetts Ave, Indianapolis, IN 46204

New construction retail space in the heart of Indianapolis.

Space Size2,531 SF - 2,733 SF
Days on Market283

Property Features for 646 Massachusetts Ave

General Information

Standard status Active
Size 2,531 SF - 2,733 SF
Property subtype Office

Spaces For Lease

at 646 Massachusetts Ave Contact us

Ground Floor Retail

Size
2,531 SF
Term
Negotiable
Rate
Contact for pricing
Contact us

Second Floor Office

Size
2,733 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Newmark | Indianapolis
Listed By: Kayla Toler
Source: Nmrk
Added: Nov 24, 2025 Changed: Sep 3 Last Checked: Aug 8 at 4:34AM

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 Newmark | Indianapolis

Investment Insights

Based on property information with market context.

This new construction boutique retail space is situated in the heart of Mass Ave, placing it in close proximity to art galleries, bars, shops, restaurants, and theaters. The property offers access to amenities and high-profile visibility. The property size is 2531 square feet.

Key Highlights

  • Prime location in the heart of Mass Ave, surrounded by art galleries, bars, shops, restaurants, and theatres.
  • New construction boutique property.
  • At‑your‑door parking access.

Property Analytics

Current Use

646 Massachusetts Ave ... Parking Lot & Garage Cookie Plug Bakery The SeaMossBoss LLC Department Store

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

4,102
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

$18.42 /SF/Yr
Avg Asking Price
$11.71–$27.5 /SF/Yr
Price Range
7,493 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 - New construction retail space in the heart of Indianapolis.
Where is this retail space located?
The property is located at 646 Massachusetts Ave Indianapolis, IN.
What are key features of this property?
This property features: Prime location in the heart of Mass Ave, surrounded by art galleries, bars, shops, restaurants, and theatres.; New construction boutique property.; At‑your‑door parking access.
More about this property
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