530 Massachusetts Ave, Indianapolis, IN 46204
2,853 - 9,555 SF of 5-Star Retail Space Available in Indianapolis, IN 46204
For Lease
Active
Asking Price Unpriced
- Property Type
-
Multifamily, Retail
- RSF (Rentable Sq. Ft)
- 185,000 SF
Listing Contacts
Beth Patterson
Property Overview
The new Penrose on Mass project offers retailers and restaurants, looking to expand in downtown Indianapolis, a unique opportunity that they rarely find in an urban setting: new, contemporary construction; plenty of on-site parking and a strong residential component all in a commercial-friendly environment.
The $50-million, mixed-use Penrose on Mass project in downtown Indianapolis includes 4-stories of apartments (236 units) and 39,000 square feet of retail being jointly developed by John Hart of JC Hart and Strongbox, lead by Paul Kite.
+ 39,000 square feet of retail on the first floor
+ Located in the heart of Mass. Avenue
+ Mix of brick, stone and metal paneling along Mass Ave.
+ 236 apartment units
+ Signature architecture
+ 20’ clear ceiling heights allowing for mezzanines
+ Outdoor patio capability
+ Rear covered delivery
+ 373 total garage spaces, 200 specifically for retail and an additional 45 new street parking spaces for retail use as well
The $50-million, mixed-use Penrose on Mass project in downtown Indianapolis includes 4-stories of apartments (236 units) and 39,000 square feet of retail being jointly developed by John Hart of JC Hart and Strongbox, lead by Paul Kite.
+ 39,000 square feet of retail on the first floor
+ Located in the heart of Mass. Avenue
+ Mix of brick, stone and metal paneling along Mass Ave.
+ 236 apartment units
+ Signature architecture
+ 20’ clear ceiling heights allowing for mezzanines
+ Outdoor patio capability
+ Rear covered delivery
+ 373 total garage spaces, 200 specifically for retail and an additional 45 new street parking spaces for retail use as well
Property Details
- Year Built
- 2019
All available spaces
- Space
- 1st Floor, Ste 100
- Size
- 6,702 SF
- Term
- Negotiable
- Condition
- Shell Space
- Space Subtype
- New
- Space
- 1st Floor, Ste 170
- Size
- 2,853 SF
- Term
- Negotiable
- Space Subtype
- Relet
Nearby Properties
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