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    318 Massachusetts Ave Indianapolis, IN 46204

    For Lease
    Contact for pricing

    Prime Indy location, flexible suites, updated.

    Lot size:
    2,619 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional office space at 318 Massachusetts Avenue in Indianapolis, Indiana, offers a fantastic opportunity for businesses seeking a vibrant and convenient location. The property, zoned ZO01, features two available suites within a two-story building, providing flexibility for various office needs. The suites range in size from a minimum of 858 square feet to a maximum contiguous space of 1,761 square feet, catering to both small and expanding businesses. The building boasts a traditional office layout, but also lends itself to executive or creative office uses. The address is 318 Massachusetts Avenue, Indianapolis, IN 46204 (APN: 49-11-01-240-225.000-101). Located on Mass Ave, this property benefits from excellent visibility and accessibility. The space has been recently updated and includes a desirable outdoor patio area, perfect for employee breaks or informal meetings. The property is ideal for multiple tenants, offering a dynamic and collaborative environment. This is a rare opportunity to secure high-quality office space in a sought-after Indianapolis location. Contact us today to schedule a viewing.

    Property Features for 318 Massachusetts Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,619 SF

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Office Space
    Size
    858 SF
    Space
    Office Space 2
    Size
    1,761 SF

    HighLights

    • Two suites available, 858‑1,761 square feet total, in a two‑story building at 318 Massachusetts Avenue, Indianapolis, IN 46204.
    • Traditional office layout suitable for executive or creative uses.
    • Excellent Mass Ave location with high visibility and accessibility.
    • Recently updated with desirable outdoor patio.
    • Ideal for multiple tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stout's Footwear Shoe Store 318 Massachusetts Ave ... Parking Lot

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Daycare Center Kitchen & Bath Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.153794
    Latitude
    39.7719994

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    FAQs

    What type of property is this?
    Office space - Prime Indy location, flexible suites, updated.
    Where is this office space located?
    The property is located at 318 Massachusetts Ave Indianapolis, IN.
    What are key features of this property?
    This property features: Two suites available, 858-1,761 square feet total, in a two-story building at 318 Massachusetts Avenue, Indianapolis, IN 46204.; Traditional office layout suitable for executive or creative uses.; Excellent Mass Ave location with high visibility and accessibility.
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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
    318 Massachusetts Ave Indianapolis, IN 46204
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