Map of Property

517 E Walnut St, Indianapolis

517 East Walnut Street, Indianapolis, IN 46202

  • For Lease Contact for pricing
  • Property Type Retail
  • Property Size 8,000 SF
  • Lot Size 0.08 Acre
  • # of Floors 3
  • Year Built 1900
  • Date Updated Jul 10, 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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Spaces Available

Contacts

broker
Robert Butcher

KW Commercial | Indy Metro Northeast | Robert Butcher

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise

  • Transit Score ®

    56/100 Good Transit

  • Bike Score ®

    96/100 Biker's Paradise
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does retail space at 517 East Walnut Street cost?

The price for retail space for lease at 517 East Walnut Street is available upon request. Pricing of commercial spaces is largely dependent on things like location — especially proximity to areas that can be easily reached by car or public transit or enjoy high foot traffic — the overall size, features and condition of the space, and the lease structure. Safety and security in the area can also play an important role in choosing the most suitable retail space for a business.

What kind of retail space can I rent at 517 East Walnut Street?

The property has 8,000 square feet of rentable Retail space.

Use the contact form at the top of this page to schedule a tour of the property with a broker and get further details on this listing.

How many parking spots are available at 517 East Walnut Street?

Reach out to the listing broker for more information on vehicle access and parking options at or near this property, as well as additional amenities that complement the retail experience at 517 East Walnut Street. You can find 2 parking option(s) and 2 fuel station(s) within a 0.5-mile radius.

Are there any potentially competing retail businesses in the area?

Yes, there are 5 spaces zoned for retail use within a 0.5-mile radius of 517 East Walnut Street.

Is 517 East Walnut Street located in a popular area for retail businesses?

The property is part of Chatham Arch and Mass Avenue, which is home to 3 other retail listings.

Other popular areas for retail businesses in Indianapolis include College Park, Castleton, Crooked Creek.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Robert Butcher

KW Commercial | Indy Metro Northeast | Robert Butcher

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