Eleven-Story Office Building with High-Speed
For Lease
Contact for pricing
251 E Ohio St, Indianapolis, IN 46204
Redevelopment underway with four high-speed elevators and lobby/common-area improvements for a Class A upgrade.
Space Size2,694 SF
Days on Market1320
Property Features for 251 E Ohio St
General Information
Standard status
Active
Size
2,694 SF
Property subtype
OFFICE
Spaces For Lease
at 251 E Ohio St Contact us- Floor
- 2
- Size
- 2,694 SF
- Type
- OFFICE
- Rate
- Contact for pricing
- Availability
- AVAILABLE, Now
- Sublease
- No
251 E Ohio St
- 251 E. Ohio Street is an 11-story, high quality office building located in the...
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Listing Agency:
JLL | Indianapolis
(317) 810-7000
Listed By:
John Vandenbark · License #RB14000048
(317) 810-7178
Source:
Moodyscre
Added: Feb 2, 2023
Changed: Sep 9
Last Checked: Sep 14 at 10:36AM
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 eleven-story office building in Indianapolis’ Market East District, currently undergoing redevelopment as part of Phase I of the City Market East plan. The building’s renovation scope includes four new high-speed elevators, lobby improvements, and common-area upgrades on all floors. These improvements are intended to transition the building from Class B to Class A.
The location is walkable to dining and entertainment around Mass Ave and the Bottleworks District, with Whole Foods Market and Needler’s Fresh Market about a five-minute walk. The property is steps from the Julia Carson Transit Center, and it offers easy access to I-70/I-65 for commuting around the Indianapolis metro. Downtown Indy also includes 23 miles of bike trails/lanes, including the Cultural Trail right outside the building entrance. The area scores include a 96 walking score, a 95 biking score, and a 65 transit score.
The property is listed at 2,694 SF.
The location is walkable to dining and entertainment around Mass Ave and the Bottleworks District, with Whole Foods Market and Needler’s Fresh Market about a five-minute walk. The property is steps from the Julia Carson Transit Center, and it offers easy access to I-70/I-65 for commuting around the Indianapolis metro. Downtown Indy also includes 23 miles of bike trails/lanes, including the Cultural Trail right outside the building entrance. The area scores include a 96 walking score, a 95 biking score, and a 65 transit score.
The property is listed at 2,694 SF.
Key Highlights
- Eleven‑story office building in the Market East District, Downtown Indianapolis
- Redevelopment Phase I under way with four new high‑speed elevators
- Lobby and common‑area improvements on all floors intended to move from Class B to Class A
Property Analytics
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Current Use
Lease Details
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
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Market
Lease Benchmarks for Indianapolis, IN
$18.23 /SF/Yr
Avg Asking Price
$10–$28 /SF/Yr
Price Range
10,459 SF
Avg Space Size
Vacancy Rate% for Office in Indianapolis, IN
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Frequently Asked Questions
What type of property is this?
Office building - Redevelopment underway with four high-speed elevators and lobby/common-area improvements for a Class A upgrade.
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: Eleven‑story office building in the Market East District, Downtown Indianapolis; Redevelopment Phase I under way with four new high‑speed elevators; Lobby and common‑area improvements on all floors intended to move from Class B to Class A
