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Downtown Indianapolis Versatile Event Space
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1101 E 16th St, Indianapolis, IN 46202

4,000 SF event space in vibrant downtown location.

Property Size4,000 SF
Days on Market911

Property Features for 1101 E 16th St

General Information

Standard status Active
Size 4,000 SF
Property subtype Retail, Office

Building Details

Year Built 1914
Listing Agency: Lee & Associates - Indianapolis
Listed By: Richard King III · License #IN RB14046439
Source: Crexi
Added: Feb 1, 2024 Changed: Jul 10 Last Checked: Jul 31 at 5:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Indianapolis

Investment Insights

Based on property information with market context.

Located in downtown Indianapolis at the intersection of 16th Street and The Monon Trail, this property offers 4,000 square feet of versatile event space suitable for a variety of uses. The space benefits from abundant natural light provided by large windows. It features an authentic industrial character with exposed brick walls and rustic timber pillars. The property is situated in a vibrant neighborhood, near businesses such as Small Victories Hospitality and BlackInk IT. The space incorporates repurposed artistic elements, reflecting a commitment to sustainability.

Key Highlights

  • Prime downtown Indianapolis location at 16th Street and The Monon Trail.
  • Spacious 4,000 square feet of versatile event space.**
  • Authentic industrial character with exposed brick and timber pillars.**

Property Analytics

Current Use

BlackInk IT Tech Support Center Bike Parking Bicycle Rack Tinker House Events Hotel & Motel PROVIDER Coffee & Cocktail ... Cafe & Coffee Shop

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby

Demographics for 46202, IN

22,217
Population
12,297
Households
1.8
Avg Household Size
29
Median Age
62%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,039
Density / Sq Mi
$61,082
Median Household Income
$40,499
Median Earnings
$1,258
Median Rent
$420,200
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$17.98 /SF/Yr
Avg Asking Price
$11.43–$27.5 /SF/Yr
Price Range
4,109 SF
Avg Space Size

This space is priced 39% above the average of $17.98 /SF/Yr.

Vacancy Rate% for Retail in Indianapolis, IN

6.6% 2019
7.4% 2020
6.4% 2021
5% 2022
4.7% 2023
4.6% 2024
4.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 4,000 SF event space in vibrant downtown location.
Where is this retail space located?
The property is located at 1101 E 16th St Indianapolis, IN.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime downtown Indianapolis location at 16th Street and The Monon Trail.; Spacious 4,000 square feet of versatile event space.**; Authentic industrial character with exposed brick and timber pillars.**
(317) 844-2700 Call to check price and availability
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