Downtown Retail Investment
141 S Meridian St Indianapolis, IN 46225
For Sale
$7,000,000
Two-tenant retail condos in Indianapolis' central business district.
Property Size13,110 SF
Price / SF$533.94
Days on Market113
Property Features for 141 S Meridian St
General Information
- Standard status
- Active
- Size
- 13,110 SF
- Property subtype
- Restaurant
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5316
Listed By:
Jordan Klink · License #License(s): IN: RB14043752
(317) 218-5316
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 10
Last Checked: Jul 23 at 2:33AM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
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 situated 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, event venues, and ongoing economic developments. The offering benefits from scheduled rental growth, potentially driving yield and capital appreciation.
Key Highlights
- Prime downtown Indianapolis location at a premier hard‑corner intersection.
- Long‑term, triple‑net (NNN) leases in place with established tenants.
- 100% leased ground‑floor retail condos totaling 13,110 square feet in a mixed‑use building.
Property Analytics
Property Profile
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
FAQs
What type of property is this?
Retail space - Two-tenant retail condos in Indianapolis' central business district.
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: Prime downtown Indianapolis location at a premier hard‑corner intersection.; Long‑term, triple‑net (NNN) leases in place with established tenants.; 100% leased ground‑floor retail condos totaling 13,110 square feet in a mixed‑use building.
