215 Terrace Avenue, Indianapolis, IN 46225

Parminder Singh

47622

$15.30 - $252/SF/YR

1 day on market

Updated 1 day ago

215 Terrace Ave

Building Details

Property Type

Retail, Office (+1)

Sub Type

Traditional Office, Executive Office (+1)

Tenancy

Multiple

Class

Total Building SqFt

7,443

Year Built

1955

Spaces

Spacious 4,000 SF restaurant space featuring a large dining area with custom ceilings, modern LED lighting, and a functional layout designed for efficient food service. The space includes a fully equipped kitchen with a service window to the front counter, two walk-in deep freezers, a private office, and ample prep and storage areas. Ideal for a full-service restaurant, café, or other food service operation seeking a highly visible location with excellent customer access.

This versatile office/professional suite offers an open and functional layout ideal for insurance agencies, real estate offices, financial services, medical practices, or other professional businesses. The space features a welcoming reception/entry area with a customer service transaction window, a private office, a restroom, and two large open work areas that can accommodate multiple workstations or be customized to fit your business needs. Located in a highly visible commercial corridor, the suite provides excellent exposure and convenient access for both clients and employees.

restaurant/retail/professional suite

Building description

Position your business at one of Indianapolis's highly visible corner locations with over 100 feet of road frontage on Madison Avenue. This versatile freestanding commercial property offers flexible leasing options, including a turnkey restaurant space and an additional retail/professional suite that can be leased together or separately. Ideal for restaurants, retail, office, medical, or professional service users, the property provides excellent exposure, convenient access, and prominent signage opportunities in a well-traveled commercial corridor.

Building highlights

Property Highlights

Highly visible freestanding commercial property located at the corner of Madison Avenue and Terrace Avenue in Indianapolis, featuring over 100 feet of road frontage and prominent signage opportunities.

The property offers up to 7,443 SF and includes a 4,000 SF restaurant space and a 1,200–1,500 SF retail/professional suite, available together or separately. Ideal for restaurant, retail, office, or professional service users.

The landlord is responsible for exterior maintenance, property taxes, and building insurance. Tenants are responsible for interior maintenance and utilities.