530 Massachusetts Ave Indianapolis, IN 46204
- Commercial real estate
- 39,000 SF
Current Use by Public Records
- Club Pilates / Pilates Studio
- Eat The Frog Fitness - Indianapolis Mass Ave. / Gym / Fitness Center
- Penrose on Mass Ave Apartments / Apartment Building / Apartment Complex
- Old National Bank / Investment Service / Mortgage Lender
- Dollar General / Dollar Store
Property Details for 530 Massachusetts Ave
- Property size
- 39,000 SF
- Property type
- Commercial real estate
Description
This exceptional retail opportunity is located at 530 Massachusetts Avenue in Indianapolis, Indiana, within the vibrant Penrose on Mass project. This mixed-use development boasts 236 residential units, creating a strong built-in customer base for your business. The property offers a total of 39,000 square feet of retail space, spread across four stories, with ample parking for 373 vehicles. Two spaces are currently available, providing flexibility for businesses of varying sizes. One space offers a minimum of 2,853 square feet, while the other offers a maximum contiguous space of 6,702 square feet. A total of 9,555 square feet is currently vacant. This new, contemporary construction provides a unique opportunity for retailers and restaurants seeking a prime location in the heart of downtown Indianapolis. The commercial-friendly environment, combined with the substantial residential component and convenient parking, makes this an unparalleled opportunity in an urban setting. The property is situated in Marion County, Indiana, with a zip code of 46204. This is a rare chance to establish a presence in a thriving, upscale mixed-use development. The building's modern design and convenient amenities are sure to attract a diverse clientele.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1499074
- Latitude
- 39.7748769
