Mass Ave Retail/Office
For Lease
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863 Massachusetts Avenue, Indianapolis, IN 46204
7,500 SF space with rooftop lounge and parking.
Space SizeContact for details
Days on Market198
Property Features for 863 Massachusetts Avenue
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Neighborhood
Downtown
Listed By:
Dean Almas
(317) 590-5488
Source:
Cbre
Added: Apr 15
Changed: Oct 27
Last Checked: Oct 28 at 7:15AM
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 Dean Almas
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Investment Insights
Based on property information with market context.
This 7,500 SF space, featuring frontage on Massachusetts Avenue, is suitable for restaurant or entertainment use. A 6,000 SF four-seasons rooftop lounge is available. The property offers exterior signage on Massachusetts Avenue, across from Bottleworks. A rear tower element provides tenant signage facing I65-I70, with 112,000 vehicles per day. On-site parking is available with approximately 106 spaces. The building includes four floors of office space, each 10,000 SF. The second floor is fully leased.
Key Highlights
- Rare on‑site parking with approximately 106 spaces
- Great exterior signage on Mass Ave across from Bottleworks
- Available 6,000 SF four seasons rooftop lounge
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,386
Businesses Nearby
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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
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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
Vacancy Rate% for Retail in Indianapolis, IN
Frequently Asked Questions
What type of property is this?
Retail space - 7,500 SF space with rooftop lounge and parking.
Where is this retail space located?
The property is located at 863 Massachusetts Avenue Indianapolis, IN.
What are key features of this property?
This property features: Rare on‑site parking with approximately 106 spaces; Great exterior signage on Mass Ave across from Bottleworks; Available **6,000 SF four seasons rooftop lounge**
