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    850 Massachusetts Ave Indianapolis, IN 46204
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    Property profile & analytics

    850 Massachusetts Ave, Indianapolis, IN 46204

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    • Hotels
    • 193,498 SF
    • 2.69 lot acres
    Office Space with Concrete Ceilings For Lease
    $30 SF/Yr
    1,406 SF

    Office Space with Concrete Ceilings

    Office space with terrazzo floors and easy conference room access.

    850 Massachusetts Ave, Indianapolis, IN
    View Listing
    Property ID
    US31-1649257
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Modita / Restaurant
    • The W Nail Bar / Nail Salon
    • Good Neighbor / Clothing & Fashion Store
    • Bottleworks Hotel / Hotel & Motel
    • First American Title Insurance Company - Commercial Services / Escrow Service / Title Company

    Property Details for 850 Massachusetts Ave

    Year built
    1931
    Construction
    CONCRETE
    Lot size
    2.69 lot acres
    Zone code
    ZO01
    Property type
    Hotels
    Property subtype
    Motels
    APN
    49-11-01-230-005.000-101
    APU
    491101230005000101

    Description

    Located in the vibrant heart of Indianapolis at 850 Massachusetts Avenue, zip code 46204, Bottleworks Building 1 offers exceptional office space in a state-of-the-art design. This Marion County property boasts a concrete and steel frame structure with striking metal and brick accents. Large-span windows flood the interior with natural light, creating a bright and inviting atmosphere. The building features approximately 14 feet of slab-to-slab height, providing ample space and flexibility for various office configurations. Tenants can enjoy the convenience of controlled structured parking and ample visitor parking. A large outdoor plaza is available for tenant use, offering a welcoming space for relaxation or informal meetings. Exterior signage opportunities are also available, providing excellent visibility for businesses. The building offers multiple tenancy options with a minimum divisible space of 1,371 square feet and a maximum contiguous space of 12,334 square feet, accommodating a wide range of business needs. The total building size is 16,874 square feet. This property is ideal for businesses seeking a modern, functional, and stylish office environment in a thriving urban location. The building's design caters to traditional office spaces, coworking setups, and creative office environments. An outdoor patio space is also available for tenant use.


    Value Estimations

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    • CAP approach

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    • Alternative Use

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    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1429
    Latitude
    39.78
    CBSA code
    26900
    CBSA name
    INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $596,753
    $5,154,500
    $16,359,400
    $21,513,900
    -
    $5,154,500
    $16,359,400
    $21,513,900
    View Listing
    More about this property
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