Skip to main content

Mixed-Use

911 Massachusetts Ave

911 Massachusetts Ave, Indianapolis, IN 46202

Listing Price: $2,610,000

Number of Units
7
Occupancy
100.0%
Price/Unit
$372,857
Price/Gross SF
$316.36
Gross SF
8,250

Investment Overview

911 Mass Ave is a mixed-use property with (7) one-bedroom multifamily units and (1) 2,750 square foot retail space. Built in 1893 and renovated in 2019 the property has received several recent capital improvements in the form of a new roof, tuckpointing, nearly all new windows, unit renovations, and a commercial space build-out. LOCATION 911 Mass Ave is in one of Indianapolis’s most popular night life, retail, and culinary destinations known as “Mass Ave”. The area is only one of six designated cultural districts in Indianapolis and is located just a few blocks northeast of Monument Circle which is commonly known as the heart of downtown. Directly across the street is Bottleworks District, a new $300 million mixed-use redevelopment of the former Coca-Cola bottling plant. Bottleworksis home to a luxury hotel, popular food hall, offices, theaters, and several boutique retailers, placing 911 Mass Ave in direct proximity to a plethora of retail and office jobs. OPPORTUNITY 911 Mass Ave offers the investor the opportunity to acquire a stabilized asset in a TROPHY location of Indianapolis. The new investor will benefit from stable income from the newly signed retail 10-year lease and below market apartment rents. More information about this highly experienced retailer with several locations throughout the city can be found on slide 8. Lastly, the property's location is the most visible on Mass Ave from one of Indianapolis’s highest trafficked roadways, the I-65/I-70 junction, offering the opportunity to add signage on the highly exposed northeast side of the building.

Investment Highlights

  • (7) one-bedroom multifamily units and (1) 2,750 square foot retail space
  • One of Indianapolis's most popular night life, retail, and culinary destinations known as "Mass Ave"
  • Offers the investor the opportunity to acquire a stabilized asset in a TROPHY location of Indianapolis

Exclusively Listed By

Mixed-Use

911 Massachusetts Ave

Listing Price: $2,610,000

Number of Units
7
Occupancy
100.0%
Price/Unit
$372,857
Price/Gross SF
$316.36
Gross SF
8,250

Investment Highlights

  • (7) one-bedroom multifamily units and (1) 2,750 square foot retail space
  • One of Indianapolis's most popular night life, retail, and culinary destinations known as "Mass Ave"
  • Offers the investor the opportunity to acquire a stabilized asset in a TROPHY location of Indianapolis

Investment Overview

911 Mass Ave is a mixed-use property with (7) one-bedroom multifamily units and (1) 2,750 square foot retail space. Built in 1893 and renovated in 2019 the property has received several recent capital improvements in the form of a new roof, tuckpointing, nearly all new windows, unit renovations, and a commercial space build-out. LOCATION 911 Mass Ave is in one of Indianapolis’s most popular night life, retail, and culinary destinations known as “Mass Ave”. The area is only one of six designated cultural districts in Indianapolis and is located just a few blocks northeast of Monument Circle which is commonly known as the heart of downtown. Directly across the street is Bottleworks District, a new $300 million mixed-use redevelopment of the former Coca-Cola bottling plant. Bottleworksis home to a luxury hotel, popular food hall, offices, theaters, and several boutique retailers, placing 911 Mass Ave in direct proximity to a plethora of retail and office jobs. OPPORTUNITY 911 Mass Ave offers the investor the opportunity to acquire a stabilized asset in a TROPHY location of Indianapolis. The new investor will benefit from stable income from the newly signed retail 10-year lease and below market apartment rents. More information about this highly experienced retailer with several locations throughout the city can be found on slide 8. Lastly, the property's location is the most visible on Mass Ave from one of Indianapolis’s highest trafficked roadways, the I-65/I-70 junction, offering the opportunity to add signage on the highly exposed northeast side of the building.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower