True
Space Available For Lease 1
1 |
Robert Butcher
KW Commercial | Indy Metro Northeast | Robert Butcher |
Contacts
KW Commercial | Indy Metro Northeast | Robert Butcher
Property Details
- Property Type Retail
- Property Size 8,000 SF
- Lot Size 0.08 Acre
- # of Floors 3
- Year Built 1900
- Date Updated Jul 14, 2025
**Prime Commercial Property off of Mass Ave. in Indianapolis’ Chatham Arch Neighborhood**
Located just off Massachusetts Avenue, this versatile 2-story building with a full basement offers approximately 8,000 square feet of flexible space. The property is situated in the vibrant Chatham Arch Neighborhood, an area experiencing significant growth and development, particularly along the Massachusetts Avenue corridor, which is renowned for its entertainment, business, and cultural amenities.
Zoned C4 and currently operating as a furniture and home store, the property supports a wide range of uses, including Community, Healthcare, Business(Office), Home, Personal Services, Food & Beverage, and Retail Sales. An added feature is the potential for a rooftop addition, offering spectacular views of the Indianapolis skyline, ideal for creating a landmark or unique space.
With its prime location on a bustling corridor and its adaptable layout, this property presents a compelling opportunity for investors or operators looking to establish a presence in one of Indianapolis’ most dynamic neighborhoods.
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
-
95/100
Walk Score ®
-
56/100
Transit Score ®
-
96/100
Bike Score ®
Location
- City Indianapolis, IN
- Neighborhood Chatham Arch and Mass Avenue
- Zip Code 46202
- Market Indianapolis
Points of Interest
-
Marathon
0.32 miles
-
BP
0.48 miles
-
ChargePoint
0.76 miles
-
Tesla Supercharger
1.04 miles
-
Speedway
1.08 miles
-
Clark
1.29 miles
-
GoLo
1.31 miles
-
Shell
1.59 miles
-
Tesla Destination Charger
2.03 miles
-
Electrify America
6.26 miles
-
429 Penn Parking
0.41 miles
-
Pulliam Garage
0.46 miles
-
Market District Garage
0.55 miles
-
Indy Flats Residential Parking
0.63 miles
-
The Savoy
0.64 miles
-
301 North Illinois Street
0.67 miles
-
Circle City Residential Parking
0.67 miles
-
City Park
0.74 miles
-
Virginia Avenue Garage
0.85 miles
-
North Capitol Surface Lot
0.87 miles
-
Petra Cafe
0.04 miles
-
Union 50
0.06 miles
-
Oishi Sushi and Ramen
0.06 miles
-
Mesh
0.09 miles
-
Thaitanium
0.10 miles
-
Condado Tacos
0.11 miles
-
Nine Irish Brothers
0.11 miles
-
Livery
0.12 miles
-
Forty Five Degrees
0.14 miles
-
Goodfellas Mass Ave
0.16 miles
-
Dollar General Market
0.17 miles
-
Needler's Fresh Market
0.36 miles
-
Whole Foods Market
0.58 miles
-
Kroger
0.79 miles
-
TJ Maxx
0.86 miles
-
Carson's
0.87 miles
-
Angelo's Food Market
0.88 miles
-
Circle Center Mall
0.94 miles
-
Teacher's Treasures
1.12 miles
-
Dear Mom
1.30 miles
517 East Walnut Street Listing Brief
-
A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
517 East Walnut Street is located in Chatham Arch and Mass Avenue, which is home to a total of 3 listing(s). The rent for retail space at 517 East Walnut Street is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
-
The property includes 8,000 square feet of retail space for lease. Of this total, 8,000 square feet are Retail.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
-
You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Chatham Arch and Mass Avenue is 30. The average household income here is $74,582 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
KW Commercial | Indy Metro Northeast | Robert Butcher
