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409 Massachusetts Ave
Indianapolis, IN 46204
Office Property For Sale
Investment Highlights
- Historic 1900-built building offering preserved architectural character with modern functionality
- Prominently positioned within Indianapolis’ coveted Mass Ave Arts and Entertainment District
- Mass Ave main entrance to suite
- Creative office space available: exposed brick interior, hardwood flooring, exposed structural and industrial-style elements and loft-style windows
- Direct elevator access to floor
- Exterior signage opportunity
Executive Summary
4-story building + mezzanine totaling ± 16,095 GSF
Lower level: ± 4,173 GSF (Dusk Restaurant & Lounge)
1st floor: ± 4,121 GSF (Dusk Restaurant & Lounge)
2nd floor: ± 3,837 GSF (Available space)
3rd floor: ± 3,700 GSF (Available space)
Mezzanine: ± 264 GSF (Potential roof top patio)
Historic 1900-built building offering preserved architectural character with modern functionality
Creative office space available: exposed brick interior, hardwood flooring, exposed structural and industrial-style elements and loft-style windows
Prominently positioned within Indianapolis’ coveted Mass Ave Arts and Entertainment District
Direct elevator access to floor
Mass Ave main entrance to suite
Exterior signage opportunity
High end restaurant/lounge on first floor and lower level
Lower level: ± 4,173 GSF (Dusk Restaurant & Lounge)
1st floor: ± 4,121 GSF (Dusk Restaurant & Lounge)
2nd floor: ± 3,837 GSF (Available space)
3rd floor: ± 3,700 GSF (Available space)
Mezzanine: ± 264 GSF (Potential roof top patio)
Historic 1900-built building offering preserved architectural character with modern functionality
Creative office space available: exposed brick interior, hardwood flooring, exposed structural and industrial-style elements and loft-style windows
Prominently positioned within Indianapolis’ coveted Mass Ave Arts and Entertainment District
Direct elevator access to floor
Mass Ave main entrance to suite
Exterior signage opportunity
High end restaurant/lounge on first floor and lower level
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,095 SF
Building Class
B
Year Built
1900
Percent Leased
52%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,024 SF
Building FAR
2.84
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
CBD2 - Commercial
Parking
12 Spaces (0.75 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Security System
- Skylights
Property Taxes
| Parcel Number | 49-11-01-244-013.000-101 | Improvements Assessment | $540,000 |
| Land Assessment | $233,300 | Total Assessment | $773,300 |
Property Taxes
Parcel Number
49-11-01-244-013.000-101
Land Assessment
$233,300
Improvements Assessment
$540,000
Total Assessment
$773,300
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