Cole Motor — Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Indianapolis, IN 46202

Description

Up to 12,000 SF of Ground-Floor Retail & Commercial Space Available | Whitebox delivery: Q1 2026 Cole Motor is the mixed-used redevelopment of the 400,000 SF historic factory in downtown Indianapolis. It will offer 213 new loft apartments and 30,000 square feet of commercial space with historic replica factory windows and premium amenities. With all of the perks of the high-growth, walkable urban area, it also offers free parking and excellent connectivity and visibility from Indy’s largest thoroughfares. With a unique restored historic building and carefully designed retail suites, it is the perfect place to grow good neighborhood retail. Come be part of what’s next for Indy.

Market Context

This retail in Indianapolis, IN is listed for sale. It has been on the market for 195 days. Compare it against other retail listings for sale in Indianapolis, IN — view the full market.

As of Q1 2026, the Indianapolis retail market showed an 8.0% vacancy rate, average asking rents near $5.00/SF/yr, and rents up 4.0% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Indianapolis retail market tightening or softening?
Vacancy is around 8.0%, with asking rents rising year over year (Q1 2026).

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