Search
Unique Identity Building Opportunity
For Lease
Contact for pricing

1234 E Washington St, Indianapolis, IN

Penthouse offers unique identity with restored features and modern offices.

Property Size3,450 SF
Lot Size0.40 Acres
Days on Market578

Property Features for 1234 E Washington St

General Information

Standard status Active
Size 3,450 SF
Lot size 0.40 Acres
Property subtype RETAIL
Listing Agency: CBRE | Indianapolis
Listed By: Diana Zagarzhevskiy · License #RB20001523
Source: Moodyscre
Added: Dec 30, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:55AM

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 CBRE | Indianapolis

Investment Insights

Based on property information with market context.

This property, referred to as The Penthouse, offers tenants the opportunity to occupy an entire building, allowing for a unique identity. The first floor features original, restored pressed tin ceilings dating back to the late 1800s, along with exposed brick walls. The second floor provides an open floor plan, a conference space, and a separate, private office with a window line along Cruse Street. The third floor is finished with contemporary executive office space. The property has a size of 3450 square feet.

Key Highlights

  • Entire building occupancy provides a unique identity and branding opportunity.
  • C‑suite level executive office space on the third floor.
  • Open floor plan and conference space on the second floor.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Nail Salon Hair Salon Storage Facility

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

Location Intelligence

Trade Area within ½ mile

6,857
Businesses Nearby

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

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Penthouse offers unique identity with restored features and modern offices.
Where is this retail space located?
The property is located at 1234 E Washington St Indianapolis, IN.
What are key features of this property?
This property features: Entire building occupancy provides a unique identity and branding opportunity.; C‑suite level executive office space on the third floor.; Open floor plan and conference space on the second floor.
(317) 518-6257 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message