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Historic Factory Redevelopment with Retail

752 East Market Street, Indianapolis, IN 46202

For Lease
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Mixed-use property with retail and loft apartments for rent.

Space SizeContact for details
Days on Market353

Property Features for 752 East Market Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Neighborhood Downtown
Listing Agency: CBRE | Indianapolis
Listed By: Jaxon Stutz
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Jul 25 at 7:33AM

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 CBRE | Indianapolis

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Investment Insights

Based on property information with market context.

The Cole Motor redevelopment project is transforming a 400,000 square foot historic factory in downtown Indianapolis into a mixed-use property. The development will feature 213 new loft apartments and 30,000 square feet of commercial space. The property is designed with historic replica factory windows and premium amenities. Located in downtown Indianapolis, it serves as a gateway to the historic Near Eastside Neighborhoods, situated between Bottleworks and Fletcher Place along College Avenue. The location benefits from high visibility and connectivity, with over 50,000 average daily traffic and 150,000 on adjacent I-65/70. The area has high walkability to thousands of new residential units. The property offers free parking and transit connectivity. The retail suites feature 12 to 13-foot ceiling heights with new factory-style windows. Whitebox delivery is scheduled for Q1 2026, with flexible space configurations available. Tenant Improvement packages are available. Up to 60 onsite surface spaces are available, along with adjacent free street parking. Additional amenities include outdoor patio seating and high-ceiling basement space. The property is suitable for growing neighborhood retail.

Key Highlights

  • Located in Downtown Indy, midpoint between Bottleworks and Fletcher Place along College Ave
  • Rare free parking availability and transit connectivity
  • High walkability to thousands of new residential units

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Historic Cole Motor ... Tour Operator

Suggested Use

Top Pick Carpet & Flooring Store Electrical Service Pet Grooming Service Storage Facility (Bike/Boat/Book/etc) Store HVAC Service

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

3,444
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
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Market

Lease Benchmarks for Indianapolis, IN

$18.83 /SF/Yr
Avg Asking Price
$2.22–$36 /SF/Yr
Price Range
10,071 SF
Avg Space Size

Properties on Market for Retail space in Indianapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Mixed-use property with retail and loft apartments for rent.
Where is this retail space located?
The property is located at 752 East Market Street Indianapolis, IN.
What are key features of this property?
This property features: Located in Downtown Indy, midpoint between Bottleworks and Fletcher Place along College Ave; Rare free parking availability and transit connectivity; High walkability to thousands of new residential units
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