Property summary
This iconic 440,000 square foot, four-story retail building, renovated in 2023, offers multiple spaces ranging from 6,308 to 11,215 square feet. Located in Indianapolis's Central Business District (CBD) at 1060 N Capitol Ave (10th Street & Capitol Avenue), it boasts a prime location within the burgeoning $4.3 billion IU Health Campus, benefiting from over 20,000 projected employees and existing 600+ employees. The property features a Class C designation, a 2.66 FAR, and sits on 3.8 acres of land. It's zoned CBD-S and includes elevators. The Stutz is an adaptive reuse project, already home to a variety of successful businesses including restaurants, bakeries, and co-working spaces. Future development includes a 275-unit multi-family residential building, a 350+ space parking garage, and an additional 18,800 square feet of retail space. This presents a unique opportunity to be part of a thriving, dynamic, and expanding retail destination in the heart of Indianapolis. Built in 1912, this property offers a blend of historical charm and modern amenities.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Corporate Office
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Association / Organization
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Marketing & Advertising Advertising Agency
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Museum
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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