Class A Office Building
For Lease
Contact for pricing
251 E Ohio St, Indianapolis, IN 46204
11-story downtown office building undergoing renovations with new high-speed elevators and lobby improvements.
Property Size12,947 SF
Days on Market553
Property Features for 251 E Ohio St
General Information
Standard status
Active
Size
12,947 SF
Property subtype
OFFICE
Additional Details
Highway Access
Yes
Amenities
four new high speed elevators
lobby improvements
common areas on all floors
bike trails/lanes
Cultural Trail
Julia Carson Transit Center
Building Details
Stories
11
Listing Agency:
JLL | Indianapolis
(317) 810-7178
Listed By:
Traci A. Kapsalis · License #RB14000048
(317) 810-7013
Source:
Moodyscre
Added: Jan 24, 2025
Changed: Jul 28
Last Checked: Jul 30 at 2:41PM
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 JLL | Indianapolis
Investment Insights
Based on property information with market context.
251 E Ohio St is an 11-story office building currently undergoing redevelopment. Renovations include four new high-speed elevators and improvements to the lobby and common areas on all floors.
The property is located in the Market East District in Downtown Indianapolis, and is included in Phase I of the City Market East redevelopment. The building is within walking distance of dining, retail, and entertainment options, and is described as steps from the Julia Carson Transit Center.
The redevelopment is intended to bring the building from Class B to Class A, supported by the elevator and common-area upgrades.
The property is located in the Market East District in Downtown Indianapolis, and is included in Phase I of the City Market East redevelopment. The building is within walking distance of dining, retail, and entertainment options, and is described as steps from the Julia Carson Transit Center.
The redevelopment is intended to bring the building from Class B to Class A, supported by the elevator and common-area upgrades.
Key Highlights
- 11‑story downtown Indianapolis office building undergoing redevelopment in Phase I of the City Market East project
- Renovations include four new high‑speed elevators, plus lobby improvements and common‑area updates on all floors
- Upgrading from Class B to Class A with new renovations throughout the building
Property Analytics
Current Use
Lease Details
Yes
Highway access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
7,189
Businesses Nearby
Explore this area
Business Placement
Demographics for 46204, IN
9,086
Population
6,582
Households
1.4
Avg Household Size
31
Median Age
61%
College-Educated
90%
High-School Grad
1.1 sq mi
ZIP Area
8,260
Density / Sq Mi
$88,081
Median Household Income
$69,226
Median Earnings
$1,686
Median Rent
$350,400
Median Home Value
Market
Vacancy Rate% for Office in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Office building - 11-story downtown office building undergoing renovations with new high-speed elevators and lobby improvements.
Where is this office building located?
The property is located at 251 E Ohio St Indianapolis, IN.
What are key features of this property?
This property features: 11‑story downtown Indianapolis office building undergoing redevelopment in Phase I of the City Market East project; Renovations include four new high‑speed elevators, plus lobby improvements and common‑area updates on all floors; Upgrading from Class B to Class A with new renovations throughout the building
