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    307 N Pennsylvania St Indianapolis, IN 46204

    For Lease
    Contact for pricing

    Retail space available in new luxury apartment development.

    Property size:
    2,193 SF
    Lot size:
    1.84 Acres

    Property Features for 307 N Pennsylvania St

    General Information

    Size
    2,193 SF
    Lot size
    1.84 Acres

    Source: Veritas Realty Agent Andrew Demaree

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Luxury Apartments

    Located at the northeast corner of N. Pennsylvania Street and New York Street, near the Central Business District of Indianapolis, this commercial space is part of The Whit, a new nine-story luxury apartment development featuring 334 units. The available retail space offers up to 3,793 square feet with frontage on North Pennsylvania Street, which sees over 12,000 cars per day. The Whit provides resort-style community amenities, including a fitness center, rooftop pool and lounge, and access to a covered parking garage. The location provides access to Indianapolis’ major employment centers and proximity to Massachusetts Avenue, a vibrant cultural and commercial neighborhood. The property encompasses the city block formerly occupied by the Indianapolis Star. The available space is 2,193 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    J Louis Law Law Firm Hattori Hanzo Shears Beauty Supply Store The Whit Apartments Apartment Rental Agency

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Daycare Center Kitchen & Bath Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.155187
    Latitude
    39.771944

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    FAQs

    What type of property is this?
    Retail space - Retail space available in new luxury apartment development.
    Where is this retail space located?
    The property is located at 307 N Pennsylvania St Indianapolis, IN.
    What are key features of this property?
    This property features: - Brand-new, 334-unit luxury apartment development with unmatched city and University Park views.; - Prime downtown Indianapolis location near the Central Business District and Massachusetts Avenue.; - Resort-style community amenities including a state-of-the-art fitness center and rooftop pool and lounge.
    (317) 737-2880
    Request Owner's contact information
    307 N Pennsylvania St Indianapolis, IN 46204
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    Indianapolis, IN 46204
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    307 N Pennsylvania St Indianapolis, IN 46204
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