Mass Ave building for sale

September 19, 2007
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Massala BuildingThe Massala Building on Massachusetts Avenue has been listed for sale. The 36,000-square-foot building is home to MacNivens Restaurant & Bar and is next door to the site of 3 Mass, a condo and retail project now under construction. The building has offices on the upper floors and is 95 percent leased. It hit the market this week. The property is being marketed by Halakar, the developers of 3 Mass, without an asking price. Do you think the addition of the new building will improve values of nearby buildings? Anyone know the history of the Massala Building?
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  • Absolutely. Does the parking lot next to it go with the building? As much as Mass Ave needs parking, I would love to see the surface lot holes filled in, which I know is part of the development plan. Hopefully, whoever buys it will build out into the parking area, and I would like to see another restaurant or maybe some more retail go in on the ground floor.
  • I'll lay 100k that Troy Gregory, owner of MacNivens buys it up this week. P.J. & Tom listing this publicly doesn't make a bit of sense.

    Oh yeah, the parking lot is where the condos are going, right?
  • Riley Area Development Corp has a photo gallery of when 345 Mass was Brother Junipers, late 70's I think. http://www.rileyarea.org/gallery.htm
  • The building listing says it comes with 18 parking spaces.
  • I'm pretty sure those 18 spaces are the lot immediately behind the building, which isn't part of 3Mass.
  • Upon further reflection and a couple margaritas, I'll agree those 18 spots likely belong to the law firm behind the building. Bro Jups was alive and well till maybe 2000? Awesome lunch spot. SOUP!!!!
  • This used to be called the Baker Building. It was built in about 1905 and included flats on the upper levels. Different businesses occupied its first floor storefronts throughout its history.
  • A 95% leased building in the heart of Mass Ave with 18 parking spaces (which might be the lot north not south of the building). Halakar will certainly get top value for this building even with the huge beast of a building going up next to it. I am really interested to see what the final sale price is for this awesome building.

    Hey Mobyhead, thanks for that Riley Area link, all those pictures are really cool.
  • What a great building. Wish I had the capital to fork over for this jewel.
  • I can't really say how I know this, but I know that Crown Liquors is at least considering moving in to a space near here. I'm not sure if it was this building or not, though.
  • NO Crown Liquors! O'Malia's is already expanding in that area. Plus at least close down Wheeler Mission first.
  • One would think that Wheeler Mission's directors or other fiduciaries would feel some pressure to sell and relocate where their dollars would pay for more beds and programs to meet their mission aims.
  • Sounds like a fishing expedition.
  • ^^^^ yup ^^^

    just fishin.

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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