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    1441 Prospect St Indianapolis, IN 46203

    Sponsored
    For Lease
    Contact for pricing

    Indianapolis Retail & Office Space. Prime Location.

    Lot size:
    5,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,580 square foot mixed-use property, located at 1441 Prospect Street in Indianapolis, Indiana, presents a unique opportunity for businesses seeking prime retail or executive office space. Situated in the vibrant Fountain Square neighborhood, this brand new development offers immediate access to the Cultural Trail, a diverse array of restaurants, boutiques, and numerous shops. The building boasts a total of 5,580 square feet of street-level retail space, currently entirely vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 1,657 square feet to a maximum contiguous space of 2,063 square feet. The property is ideally suited for businesses seeking high visibility and convenient access to a thriving urban community. Its location within Marion County, zip code 46203, ensures easy access to major transportation routes and a rich concentration of potential customers. This is an unparalleled chance to establish a presence in a dynamic and rapidly growing area of Indianapolis. The building is part of a larger development including 103 multifamily units, further enhancing the area's vibrancy and foot traffic. Contact us today to learn more about leasing options and secure your space in this exciting new development.

    Property Features for 1441 Prospect St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,580 SF

    Unit(s) available at that property

    Space
    Available space
    Size
    1,860 SF
    Space
    Available space
    Size
    2,063 SF
    Space
    Available space
    Size
    1,657 SF
    Space
    Available Space
    Size
    1,657 SF

    HighLights

    • 5,580 SF divisible mixed‑use space in new Fountain Square development.
    • 140' of street frontage on Prospect Street.
    • Excellent Fountain Square location, near Cultural Trail & amenities.
    • Minutes from downtown Indianapolis, Garfield Park, and I‑65.
    • Ideal for restaurants, salons, and boutique retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    City's End-Fountain Square ... Apartment Building

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1341005
    Latitude
    39.7520831

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    FAQs

    What type of property is this?
    Individual retail property - Indianapolis Retail & Office Space. Prime Location.
    Where is this individual retail property located?
    The property is located at 1441 Prospect St Indianapolis, IN.
    What are key features of this property?
    This property features: 5,580 SF divisible mixed-use space in new Fountain Square development.; 140' of street frontage on Prospect Street.; Excellent Fountain Square location, near Cultural Trail & amenities.
    Request Owner's contact information
    1441 Prospect St Indianapolis, IN 46203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1441 Prospect St Indianapolis, IN 46203
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