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2025 E 46th St
Indianapolis, IN 46205 Fairgrounds

$3,658 - $4,104 USD/MO

Freestanding For Lease  •  1,970+ SF

Property Details

  • Property Type Freestanding
  • Year Built 1967
  • Total Building Size 4,900 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning C-3
32 Transit Score
70 Walk Score

2 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste Area A Retail 1,970 SF $25.00 USD/SF/YR
  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet
1st Floor Ste Area B Flex 2,926 SF $15.00 USD/SF/YR
  • Date available: 30 Days
  • Lease term: Negotiable
  • Service type: Triple Net
  • Space Type: Relet

Description

Exciting Retail/Restaurant Opportunity in the Heart of SoBro – 5,000 SF Corner Building with Commercial Kitchen

Located at the prominent intersection of 46th & Evanston in Indianapolis’ SoBro neighborhood, this 5,000 SF commercial property offers a rare opportunity to join one of the city’s most up-and-coming corridors. Just steps from established local favorites and buzzing new developments, this site is primed for a dynamic tenant looking to make their mark.

The building features a fully functioning 1,300 SF commercial kitchen—including a walk-in cooler—making it an ideal candidate for a QSR restaurant, shared kitchen, catering operation, or private dining experience. The layout offers flexibility to suit your concept, with the option to demis into two distinct suites:

Area A: ±2,000 SF

Area B: ±3,000 SF
Each suite includes its own storefront and access to 10 private parking spaces behind the building.

Landlord improvements will include an upgraded building shell with fresh exterior hardscaping and updated storefront systems as shown in the concept renderings. Whether you're looking to occupy the entire space or collaborate in a multi-tenant configuration, this building is ready to become a standout destination on the 46th Street corridor.

Join the energy of SoBro—reach out today to schedule a tour or request additional information. Now leasing!

Highlights

Tall Ceilings
Natural Light
Storefront
Commercial Kitchen
Dedicated Parking

Amenities

  • Signalized Intersection

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Oliver Mata 317-939-5415 CoSpace At the Milkyway
Oliver Mata 317-939-5415 CoSpace At the Milkyway