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1402 Shelby Street, Indianapolis, IN 46203

EA
IN IN RB16001417
Meridian & Market Commercial Real Estate
Listed by Meridian & Market Commercial Real Estate
Undisclosed Rate
7 days on market
Updated 7 days ago

1402 Shelby Street

Building Details
Property Type Retail, Office (+1)
Sub Type Creative Office, Flex (+1)
Tenancy Single
Class C
Total Building SqFt 4,978
Year Built 1971

Spaces

4,788± SF Retail/Flex building

Building highlights

Well-positioned 4,788± SF retail/flex building with office mezzanine in the heart of Fountain Square, offering strong Shelby Street frontage and walkable access to nearby restaurants, entertainment, and dense residential neighborhoods.

The property features a functional layout with variable clear heights (8’–17’6”), full HVAC, and a mezzanine consisting of storage, open office, and private office space. 600 amp, 3-phase electrical service with numerous distributions throughout supports a wide range of users.

Loading is accommodated via two overhead doors, including a 12’ W x 10’ H at-grade north-facing door and an 8’ W x 7’8” H west-facing alley door (ramp required). The site includes two dedicated parking spaces, with additional street and nearby parking options.

Zoned MU-2, the property allows for a wide range of retail, service, and creative uses. Area infrastructure improvements are underway with anticipated completion by year-end 2026.

Lease Rate: $5,500/month + utilities

Listing Contacts

EA
IN IN RB16001417
Meridian & Market Commercial Real Estate
Listed by Meridian & Market Commercial Real Estate

Map

Zoning

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C3 CommercialNeighborhood CommercialNeighborhood Commercial District
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Last updated May 11, 2026 For deeper zoning details, reports are available at Zoneomics

Property History

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Additional Information

Name
Eric Ahonen
License
IN RB16001417
Brokerage
Meridian & Market CRE
Title
Broker
*All information is deemed reliable but not guaranteed. Lessee to verify all information.
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