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    156 E Market St Indianapolis, IN 46204

    For Lease
    $18 SF/Yr ($3,746 /Mo)

    Lease ready office in historic downtown Indianapolis building.

    Property size:
    2,430 SF
    Lot size:
    0.12 Acres

    Property Features for 156 E Market St

    General Information

    Size
    2,430 SF
    Lot size
    0.12 Acres

    Source: Alo Property Group Agent George Sechrist

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

    Overview

    Move-in Ready Downtown Office Space

    This move-in ready office space is available for lease within a historic building located in the heart of the Central Business District of Indianapolis, offering corner views. The property has been newly renovated, including the lobby, common areas, security system, a spec suite, and a new HVAC system on every floor. It is a short walk from Monument Circle, Mass Ave, City Market, and the City-County Building, providing access to numerous restaurants, banks, and hotels. Ample street parking is available, and there is also 3rd party reserved garage parking across the street. The property offers 2430 square feet of office space.
    Insight Report Location Intelligence

    Current Use by Public Records

    ATTORNEY AT LAW JOHN ... Legal Services Razumich & Associates, P.C. Law Firm Law Office of John ... Criminal Justice Attorney Benkie & Crawford Personal Injury Attorney David E. Lewis ... Criminal Justice Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.1547698
    Latitude
    39.7686054

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    FAQs

    What type of property is this?
    Office space - Lease ready office in historic downtown Indianapolis building.
    Where is this office space located?
    The property is located at 156 E Market St Indianapolis, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime CBD Location with Corner Views; - Newly Renovated Building (Lobby, Common Areas, Security, Spec Suite, HVAC); - Move-in Ready Office Space
    (317) 403-0903
    Request Owner's contact information
    156 E Market 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
    156 E Market St Indianapolis, IN 46204
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