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Highlights

  • 1,674 SF Retail Space Available in Fountain Square
  • Outdoor Patio
  • Modern Design with Abundant Natural Light
  • New Construction with Flexible Floorplan
  • Great Visibility along Shelby Street

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Ste 125
  • 1,674 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Full Build-Out
  • July 01, 2026

This 1,674 SF retail space is available for lease in the vibrant Fountain Square neighborhood of Indianapolis. The property features a modern design with abundant natural light, creating an inviting atmosphere for customers and staff. The flexible floorplan accommodates a variety of retail or food and beverage concepts, and the space includes an outdoor patio for additional seating or customer engagement.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Outdoor patio for additional seating
  • Fully Built-Out as a Restaurant or Café Space
  • Finished Ceilings: 12’
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Ste 125 1,674 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Full Build-Out July 01, 2026

1st Floor, Ste 125

Size
1,674 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Build-Out
Full Build-Out
Available
July 01, 2026

1st Floor, Ste 125

Size 1,674 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Build-Out Full Build-Out
Available July 01, 2026

This 1,674 SF retail space is available for lease in the vibrant Fountain Square neighborhood of Indianapolis. The property features a modern design with abundant natural light, creating an inviting atmosphere for customers and staff. The flexible floorplan accommodates a variety of retail or food and beverage concepts, and the space includes an outdoor patio for additional seating or customer engagement.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is in Excellent Condition
  • Finished Ceilings: 12’
  • Outdoor patio for additional seating

Property Facts

Total Space Available 1,674 SF
No. Units 70
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 55,768 SF
Year Built 2023

About the Property

Located within Union Square Apartments in the heart of Fountain Square, this newly constructed 1,674 square foot retail space offers an exceptional opportunity to join one of Indianapolis’ most vibrant and rapidly growing neighborhoods. Positioned along Shelby Street, the space provides excellent visibility and strong foot and vehicle traffic in a highly walkable, destination-driven corridor. The space features a modern design with abundant natural light and a flexible floorplan that can accommodate a variety of retail or service-oriented uses. An outdoor patio enhances the customer experience and offers additional seating or activation potential, making it an ideal setting for restaurants, cafés, boutiques, or specialty concepts. FF&E are also available.

Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100

Nearby Major Retailers

PNC Bank
Old National Bank
F45 Training
barre3
Regions Bank
Steak ‘n Shake
  • Listing ID: 40093251

  • Date on Market: 4/9/2026

  • Last Updated:

  • Address: 1233 Shelby St, Indianapolis, IN 46203

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