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Penrose on Mass 530 Massachusetts Ave

2,853 - 9,555 SF of 5-Star Retail Space Available in Indianapolis, IN 46204

Highlights

  • Located in the heart of Mass. Avenue
  • Parking reserved for retail
  • Outdoor patio capability

all available spaces(2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Condition
  • Available
  • 1st Floor, Ste 100
  • 6,702 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Shell Space
  • Now

Prime end-cap space available in new development on Mass Ave

  • Highly Desirable End Cap Space
  • Outdoor patio space available
  • Space is in Excellent Condition
  • 1st Floor, Ste 170
  • 2,853 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Retail
  • Shell Space
  • Now

Prime in-line space available in new development on Mass Ave

  • Located in-line with other retail
  • In-between Club Pilates and Old National Bank
  • Space is in Excellent Condition
Space Size Term Rental Rate Space Use Condition Available
1st Floor, Ste 100 6,702 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Shell Space Now
1st Floor, Ste 170 2,853 SF Negotiable Upon Request Upon Request Upon Request Upon Request Retail Shell Space Now

1st Floor, Ste 100

Size
6,702 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Shell Space
Available
Now

1st Floor, Ste 170

Size
2,853 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Retail
Condition
Shell Space
Available
Now

1st Floor, Ste 100

Size 6,702 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition Shell Space
Available Now

Prime end-cap space available in new development on Mass Ave

  • Highly Desirable End Cap Space
  • Space is in Excellent Condition
  • Outdoor patio space available

1st Floor, Ste 170

Size 2,853 SF
Term Negotiable
Rental Rate Upon Request
Space Use Retail
Condition Shell Space
Available Now

Prime in-line space available in new development on Mass Ave

  • Located in-line with other retail
  • Space is in Excellent Condition
  • In-between Club Pilates and Old National Bank

PROPERTY FACTS FOR 530 Massachusetts Ave , Indianapolis, IN 46204

Property Type Multifamily
Property Subtype
Apartment
  • Retail Building
Apartment Style Mid Rise
Building Size 185,000 SF
Year Built 2019

About the Property

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 + Mix of brick, stone and metal paneling along Mass Ave. + 236 apartment units + Signature architecture + 20’ clear ceiling heights allowing for mezzanines + Rear covered delivery + 373 total garage spaces, 200 specifically for retail and an additional 45 new street parking spaces for retail use as well

Features and Amenities

  • 24 Hour Access
  • Fitness Center
  • Pool
  • Grill
  • Conference Rooms
  • Lounge
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Biker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Needler's Fresh Market
World of Beer
Starbucks
Ymca
Old National Bank
Club Pilates
CrossFit
Bank of America
[solidcore]
Regions Bank
  • Listing ID: 4383217

  • Date on Market: 7/7/2023

  • Last Updated:

  • Address: 530 Massachusetts Ave, Indianapolis, IN 46204

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