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Highlights

  • Ground-level commercial suite with open floor plan and rear exit.
  • Strong pedestrian traffic and excellent visibility driven by local events and shopping activity.
  • Renovated brick-front building located on Main Street in the Arts & Design District.

Space Availability (2)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 14
  • 1,200 SF
  • Negotiable
  • $61.89 CAD/SF/YR $5.16 CAD/SF/MO $74,272 CAD/YR $6,189 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Availability
2026-07-01

14 W Main at 14 W Main Street, Carmel, IN offers a rare opportunity to lease boutique commercial space in the heart of Carmel’s vibrant Arts & Design District. This 1,200 RSF ground-level suite combines historic Main Street character with a newly renovated brick-front exterior and strong storefront visibility. Positioned along one of Central Indiana’s most desirable retail and office corridors, the space benefits from exceptional walkability, high pedestrian traffic, and close proximity to the Monon Trail, popular local dining, shopping, and year-round community events. The suite features an open floor plan, flexible B-2 zoning for a variety of commercial uses, a back door exit, and convenient off-street parking. Surrounded by established local favorites and offering easy access to US-31 and downtown Indianapolis, this location delivers the perfect blend of charm, convenience, and exposure. Ideal for office, retail, or service users seeking a polished presence in a highly sought-after downtown Carmel setting.

  • Lease rate does not include utilities, property expenses or building services
  • Basement
  • Carmel Arts and Design District
  • Newly Renovated Exterior
  • Ground Level Suite
  • Back Door from the Suite
  • Open Floor Plan Layout
  • 2nd Floor, Ste 16
  • 1,200 SF
  • Negotiable
  • $48.14 CAD/SF/YR $4.01 CAD/SF/MO $57,767 CAD/YR $4,814 CAD/MO
  • Triple Net (NNN)
Space Use
Office/Retail
Availability
2026-07-01

16 W Main Street, Carmel, IN offers a rare opportunity to lease boutique commercial space in the heart of Carmel’s vibrant Arts & Design District. This 1,200 RSF second-level suite combines historic Main Street character with a newly renovated brick-front exterior and strong storefront visibility. Positioned along one of Central Indiana’s most desirable retail and office corridors, the space benefits from exceptional walkability, high pedestrian traffic, and close proximity to the Monon Trail, popular local dining, shopping, and year-round community events. The suite features an open floor plan, flexible B-2 zoning for a variety of commercial uses. Surrounded by established local favorites. Ideal for office, retail, or service users seeking a polished presence in a highly sought-after downtown Carmel setting.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan
  • Newly Renovated Exterior
  • 2nd Level Suite
  • Located in Carmel Arts & Design District
Space Size Term Rental Rate Rent Type
1st Floor, Ste 14 1,200 SF Negotiable $61.89 CAD/SF/YR $5.16 CAD/SF/MO $74,272 CAD/YR $6,189 CAD/MO Triple Net (NNN)
2nd Floor, Ste 16 1,200 SF Negotiable $48.14 CAD/SF/YR $4.01 CAD/SF/MO $57,767 CAD/YR $4,814 CAD/MO Triple Net (NNN)

1st Floor, Ste 14

Size
1,200 SF
Term
Negotiable
Rental Rate
$61.89 CAD/SF/YR $5.16 CAD/SF/MO $74,272 CAD/YR $6,189 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
2026-07-01

14 W Main at 14 W Main Street, Carmel, IN offers a rare opportunity to lease boutique commercial space in the heart of Carmel’s vibrant Arts & Design District. This 1,200 RSF ground-level suite combines historic Main Street character with a newly renovated brick-front exterior and strong storefront visibility. Positioned along one of Central Indiana’s most desirable retail and office corridors, the space benefits from exceptional walkability, high pedestrian traffic, and close proximity to the Monon Trail, popular local dining, shopping, and year-round community events. The suite features an open floor plan, flexible B-2 zoning for a variety of commercial uses, a back door exit, and convenient off-street parking. Surrounded by established local favorites and offering easy access to US-31 and downtown Indianapolis, this location delivers the perfect blend of charm, convenience, and exposure. Ideal for office, retail, or service users seeking a polished presence in a highly sought-after downtown Carmel setting.

  • Lease rate does not include utilities, property expenses or building services
  • Basement
  • Carmel Arts and Design District
  • Newly Renovated Exterior
  • Ground Level Suite
  • Back Door from the Suite
  • Open Floor Plan Layout

2nd Floor, Ste 16

Size
1,200 SF
Term
Negotiable
Rental Rate
$48.14 CAD/SF/YR $4.01 CAD/SF/MO $57,767 CAD/YR $4,814 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Availability
2026-07-01

16 W Main Street, Carmel, IN offers a rare opportunity to lease boutique commercial space in the heart of Carmel’s vibrant Arts & Design District. This 1,200 RSF second-level suite combines historic Main Street character with a newly renovated brick-front exterior and strong storefront visibility. Positioned along one of Central Indiana’s most desirable retail and office corridors, the space benefits from exceptional walkability, high pedestrian traffic, and close proximity to the Monon Trail, popular local dining, shopping, and year-round community events. The suite features an open floor plan, flexible B-2 zoning for a variety of commercial uses. Surrounded by established local favorites. Ideal for office, retail, or service users seeking a polished presence in a highly sought-after downtown Carmel setting.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan
  • Newly Renovated Exterior
  • 2nd Level Suite
  • Located in Carmel Arts & Design District

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Site Plan

Property Facts

Total Space Available 2,400 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 6,564 SF
Year Built/Renovated 1913/2026

About the Property

14-16 W Main Street, Carmel, IN offers a rare opportunity to lease boutique commercial space in the heart of Carmel’s vibrant Arts & Design District. These two 1,200 RSF suites combine historic Main Street character with a newly renovated brick-front exterior and strong storefront visibility. Positioned along one of Central Indiana’s most desirable retail and office corridors, the space benefits from exceptional walkability, high pedestrian traffic, and close proximity to the Monon Trail, popular local dining, shopping, and year-round community events. Exterior improvements include new storefront windows and doors. The building was tuckpointed, and all brick was hand-stained.

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
Moderately walkable
60/100
Moderately drivable
70/100
Moderately bikeable
70/100

Nearby Major Retailers

Anytime Fitness
Vitality Bowls
Jazzercise
Citizens Bank
The Old Spaghetti Factory
Nature's Table
Burn Boot Camp
Pure Barre
D1 Sports Training
First Financial Bank
  • Listing ID: 40535396

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 14-20 W Main St, Carmel, IN 46032

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