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Creative Office Space on Mass
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863 Massachusetts Ave, Indianapolis, IN

Historic redevelopment with customizable office space and unbeatable walkability.

Space Size1,505 SF - 10,000 SF
Lot Size1.33 Acres
Days on Market262

Property Features for 863 Massachusetts Ave

General Information

Standard status Active
Size 1,505 SF - 10,000 SF
Lot size 1.33 Acres
Property subtype RETAIL

Spaces For Lease

at 863 Massachusetts Ave Contact us

863 Massachusetts Ave

Floor
1
Size
7,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- 7,500 SF with Mass Ave frontage ideal for restaurant or entertainment use - Available...
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3rd Floor $34/SF/Yr

Floor
3
Size
10,000 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Sublease
No
Mixed-use historic redevelopment on Indy’s most vibrant corridor Creative office...
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4th Floor | Spec Suite A $12,000/Mo

Floor
4
Size
3,902 SF
Type
OFFICE
Availability
AVAILABLE
Mixed-use historic redevelopment on Indy’s most vibrant corridor Creative office...
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4th Floor | Spec Suite B $10,700/Mo

Floor
4
Size
3,494 SF
Type
OFFICE
Availability
AVAILABLE
Mixed-use historic redevelopment on Indy’s most vibrant corridor Creative office...
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4th Floor | Spec Suite C $4,600/Mo

Floor
4
Size
1,505 SF
Type
OFFICE
Availability
AVAILABLE
Mixed-use historic redevelopment on Indy’s most vibrant corridor Creative office...
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5th Floor $34/SF/Yr

Floor
5
Size
10,000 SF
Type
OFFICE
Lease Type
FULL_SERVICE
Availability
AVAILABLE
Sublease
No
Mixed-use historic redevelopment on Indy’s most vibrant corridor Creative office...
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Contact us
Listing Agency: CBRE | Indianapolis
Listed By: Dean Almas
Source: Moodyscre
Added: Nov 23, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:13PM

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

Investment Insights

Based on property information with market context.

This property offers creative office space within a mixed-use historic redevelopment located on Indianapolis's vibrant Massachusetts Avenue. The location provides excellent walkability to the amenities of Mass Ave. Onsite, controlled parking is available for tenants and visitors. Customizable buildouts are offered to suit specific business needs. The property features a newly renovated lobby, a new social hub, and an outdoor patio. Excellent signage opportunities are available along Massachusetts Avenue and Interstates I-65 and I-70. The property offers 10000 square feet of space.

Key Highlights

  • Unbeatable walkability to all Mass Ave has to offer
  • Onsite, controlled parking lot for tenants and their visitors
  • Excellent signage opportunities along Mass Ave and I‑65/I‑70

Property Analytics

Current Use

863 Massachusetts Ave ... Parking Lot & Garage Marion County Welfare ... Social Service Agency 863 Mass Real Estate Agency

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Tanning Salon Electrical 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
$5.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,386
Businesses Nearby

Market

Lease Benchmarks for Indianapolis, IN

$38.08 /SF/Yr
Avg Asking Price
$12–$275 /SF/Yr
Price Range
10,144 SF
Avg Space Size

This space is priced 11% below the average of $38.08 /SF/Yr.

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Historic redevelopment with customizable office space and unbeatable walkability.
Where is this office units located?
The property is located at 863 Massachusetts Ave Indianapolis, IN.
What is the lease rate?
The lease rate is $34 SF/Yr.
What are key features of this property?
This property features: Unbeatable walkability to all Mass Ave has to offer; Onsite, controlled parking lot for tenants and their visitors; Excellent signage opportunities along Mass Ave and I‑65/I‑70
(317) 844-5313 Call to check price and availability
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