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    47 S Pennsylvania St Indianapolis, IN 46204

    For Lease
    Contact for pricing

    Full-service office spaces with architectural character and modern amenities.

    Property size:
    1,852 SF
    Lot size:
    0.26 Acres

    Property Features for 47 S Pennsylvania St

    General Information

    Size
    1,852 SF
    Lot size
    0.26 Acres

    Source: Shook Realty Group Agent Rob Coombes

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

    Overview

    Historic Office Space Available

    This property offers full-service office spaces with available tenant improvement structures. Several layouts are available, including open concept and individual offices. The historic building features architectural character in each suite. Tenants have access to a fitness center within the building with special member rates. A popular, high-end steakhouse is located within the building. The building provides 24/7 security and keycard access for tenants. A dedicated property management team is available on-site. The property size is 1852 square feet and is located at 47 S Pennsylvania St, Indianapolis, IN.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Givelify Software Company Elite Management Services ... Valet Parking Service Epic Hospitality Group Association Or Organization Advancing American Freedom, ... Non-Profit Organization TelSpan Video Production Service

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.156093
    Latitude
    39.7658357

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    FAQs

    What type of property is this?
    Office space - Full-service office spaces with architectural character and modern amenities.
    Where is this office space located?
    The property is located at 47 S Pennsylvania St Indianapolis, IN.
    What are key features of this property?
    This property features: - 24/7 building security and keycard access; - Available fitness center with special member rates; - Popular, high-end steakhouse within the building
    (317) 249-9000
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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
    47 S Pennsylvania St Indianapolis, IN 46204
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