Second-Generation Restaurant Retail
For Lease
$25 SF/Yr
725 Massachusetts Ave, Indianapolis, IN 46204
Retail space with second-floor 20'+/- ceiling height, on-site parking, and an exterior patio.
Space Size3,005 SF - 4,400 SF
Property Size11,761 SF
Days on Market93
Property Features for 725 Massachusetts Ave
General Information
Standard status
Active
Size
3,005 SF - 4,400 SF
Class
C
Property subtype
Retail - Street Retail
Site & Location
Neighborhood
Downtown
Additional Details
Divisible
Yes
Patio
Yes
Amenities
high ceilings
ample natural light
on-site parking
exterior patio
Building Details
Building Size
11,761 SF
Year Built
1900
Spaces For Lease
at 725 Massachusetts Ave Contact usFirst Floor $25/SF/Yr
Floor
1
Size
4,400 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Second Floor $25/SF/Yr
Floor
2
Size
4,356 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Basement $25/SF/Yr
Size
3,005 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Listing Agency:
Halakar
Listed By:
Joshua D. Abrams, CCIM · License #RB16001906
(317) 496-0202
Source:
Commercialcafe
Added: Jul 29
Changed: Oct 26
Last Checked: Oct 28 at 5:17AM
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 Halakar
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail space in a historical building is set up for restaurant use, with modern architecture, high ceilings, and ample natural light. The second floor offers approximately 20'+/- of ceiling height. An exterior patio supports outdoor service or tenant amenity space, and on-site parking is included.
Located at 725 Massachusetts AV in downtown Indianapolis (Indianapolis, IN 46204), the property includes convenient access for visitors and customers.
The first and second floors can be demised, allowing flexibility for a single user or separate tenant occupancy. It also benefits from being identified as second generation restaurant space, offering a layout suited to food-and-beverage concepts.
Located at 725 Massachusetts AV in downtown Indianapolis (Indianapolis, IN 46204), the property includes convenient access for visitors and customers.
The first and second floors can be demised, allowing flexibility for a single user or separate tenant occupancy. It also benefits from being identified as second generation restaurant space, offering a layout suited to food-and-beverage concepts.
Key Highlights
- 14,382 SF retail space in a historical building
- 20'+/- ceiling height on the second floor
- Exterior patio included
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,313
Businesses Nearby
Explore this area
Business Placement
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
$19.33 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
9,257 SF
Avg Space Size
This space is priced 29% above the average of $19.33 /SF/Yr.
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with second-floor 20'+/- ceiling height, on-site parking, and an exterior patio.
Where is this retail space located?
The property is located at 725 Massachusetts Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 14,382 SF retail space in a historical building; 20'+/- ceiling height on the second floor; Exterior patio included
