150 W Market Street, Indianapolis, IN 46204

Properties For Sale

at 150 W Market Street Contact us

Listing agent Matt Langfeldt License #RB14046182 Show Phone

Listing office Colliers Show Phone

Listing date Nov 28, 2025

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Overview

This 116,504 square foot office building is located in the central business district of Downtown Indianapolis. Constructed in 1958 and renovated in 1987, 1994, and most recently in 2021, the property is currently 81.92% occupied by 19 tenants. The weighted average lease term (WALT) is 4.04 years. The property offers a stable in-place income stream with the potential to increase income by leasing the remaining vacant space. Tenants have access to public transit, nearby parking, and walkable access to dining, entertainment, and civic amenities.

Suggested Use

Real Estate Agency Spa & Massage Center Dental Office Restaurant Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.1549

Latitude

39.7686

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FAQs

What type of property is this?

Office building - 116,504 SF office building in downtown Indianapolis.

Where is this office building located?

The property is located at 150 W Market Street Indianapolis, IN.

What are key features of this property?

This property features: Premier central business district location in Downtown Indianapolis.; Stable in‑place income stream with 81.92% occupancy and a 4.04‑year WALT.; Upside potential through leasing remaining vacancies.