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Mass Ave Retail/Office Space
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863 Massachusetts Avenue, Indianapolis, IN 46204

7,500 SF space with rooftop lounge and parking.

Space SizeContact for details
Property Size7,500 SF
Days on Market113

Property Features for 863 Massachusetts Avenue

General Information

Standard status Active
Size 7,500 SF
Property subtype Retail
Listing Agency: CBRE | Indianapolis
Listed By: Dean Almas
Source: Cbre
Added: Apr 15 Changed: Jul 10 Last Checked: Aug 4 at 7:30AM

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 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

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

Location Intelligence

Trade Area within ½ mile

2,386
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

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 - 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**
More about this property
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