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Two-Story Professional Office Building
New
For Lease
$17 SF/Yr

1300 N Pennsylvania Street, Indianapolis, IN 46202

Commercial Lease, Indianapolis, IN

Space Size95 SF - 8,637 SF
Lot Size0.23 Acres
Days on Market4

Property Features for 1300 N Pennsylvania Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning Commercial - Office
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Subdivision 4910 - Marion - Center
Standard status Active
APN 490636109004000101
Lot size 0.23 Acres

Additional Details

Utilities Included in Rent unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Description Lewis Sub L7 & Surplus N Of & Adj
Tax Annual Amount 13270
Legal Description Lewis Sub L7 & Surplus N Of & Adj

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

electronic door locks
closed circuit cameras
reception area
restrooms
kitchenette
conference room

Building Details

Year built 1930
Floors in Building 2
Listing Agency: eXp Realty LLC
Listed By: Jimmy Dulin · License #RB14033565
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 6 at 2:06PM
MLS# 22134080

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 8,637-square-foot professional office building has two floors and 22 offices, with 20 currently available. Office sizes range from approximately 95 to 470 square feet. Each level has a reception area and restrooms. The first floor also includes a kitchenette and a large room with a private restroom; the second floor contains an L-shaped suite and is accessed by stairs, with no elevator. Electronic door locks and closed-circuit cameras serve the building. Heating is forced air, and cooling is central air.

A private parking lot off Scioto Street accommodates about 10 vehicles and provides direct building access. The property is near the IU Health downtown campus expansion and offers access to I-65 and I-70.

Key Highlights

  • 8,637‑square‑foot, two‑story professional office building
  • 22 offices, approximately 95 to 470 square feet each; 20 currently available
  • Each floor has a reception area and restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The Willis Law Office, ... Law Firm Spear Legal Services Law Firm Brian Gray Agency Insurance Agency Beverly Riddle Counselor

Suggested Use

Top Pick HVAC Service Garden Center Kitchen & Bath Showroom Electrical Service Pet Grooming Service Furniture & Home Goods

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,372
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Indianapolis, IN

$21.66 /SF/Yr
Avg Asking Price
$1.93–$275 /SF/Yr
Price Range
10,014 SF
Avg Space Size

This space is priced 22% below the average of $21.66 /SF/Yr.

Properties on Market for Office Units in Indianapolis

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Flexible leasing offers individual offices, a full floor, or the complete building near downtown Indianapolis.
Where is this office unit located?
The property is located at 1300 N Pennsylvania Street Indianapolis, IN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 8,637‑square‑foot, two‑story professional office building; 22 offices, approximately 95 to 470 square feet each; 20 currently available; Each floor has a reception area and restrooms
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