Downtown Indianapolis Retail Investment
141 S Meridian St, Indianapolis, IN 46225
Two-tenant retail condos with long-term leases in downtown Indianapolis.
Type:Retail
Property size:
13,110 SFPrice / SF:
$533/SF- Added:
- Jan 28, 2026
- Days on Market:
- 104
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 141 S Meridian St
General Information
- Standard status
- Active
- Size
- 13,110 SF
- Property subtype
- Retail
Listing agent Jordan Klink License #IN RB14043752
Listing office Marcus & Millichap - Indianapolis
Listing date Jan 28, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Indianapolis
HighLights
- Premier downtown Indianapolis location at a hard‑corner intersection.
- Long‑term, triple‑net leases with established tenants: Howl at the Moon and The District Tap.
- 100% leased ground‑floor retail condos (13,110 sq ft) in a mixed‑use building.
- Significant scheduled rental growth in the near term.
- The District Tap recently renovated their suite in 2019 and is a multi‑location local restaurant owned by experienced operators.
- Howl at the Moon is a total entertainment experience that attracts a diverse customer base.
Overview
Six Over Meridian Retail Condos presents an opportunity to acquire a two-tenant, triple-net leased retail investment in downtown Indianapolis. The property consists of 13,110 square feet of ground-floor retail space within the six-story, mixed-use Six Over Meridian condominium tower. The retail condos are fully leased to The District Tap and Howl at the Moon. The District Tap completed a renovation of their suite in 2019 and recently extended their lease for an additional 10 years. Howl at the Moon has occupied the property for over 20 years and has 8+ years remaining on their lease with annual rental increases. The property is located at the intersection of South Meridian Street and Georgia Street, between South Capital Avenue and South Pennsylvania Street. This location is a three-block promenade connecting the Indiana Convention Center, Gainbridge Fieldhouse, Circle Centre Mall, and Lucas Oil Stadium. The surrounding area includes residential and office towers, hotels, and event venues. The offering benefits from scheduled rental growth, potentially driving yield and capital appreciation.
Location Intelligence
Current Use by Public Records
Red Technologies
(Bike/Boat/Book/etc) Store
Six Over Meridian
Condominium Complex
Spot, Inc.
Trucking Company
The District Tap
Bar & Pub
Quality Painters of Indianapolis
Painting Service
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1574595
- Latitude
- 39.7643915
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Two-tenant retail condos with long-term leases in downtown Indianapolis.
Where is this retail space located?
The property is located at 141 S Meridian St Indianapolis, IN.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Premier downtown Indianapolis location at a hard‑corner intersection.; Long‑term, triple‑net leases with established tenants: Howl at the Moon and The District Tap.; 100% leased ground‑floor retail condos (13,110 sq ft) in a mixed‑use building.
