Downtown Indianapolis Office Building For
For Sale
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150 W Market Street, Indianapolis, IN 46204
116,504 SF office building in downtown Indianapolis.
Property Size116,504 SF
Lot Size0.30 Acres
Days on Market268
Property Features for 150 W Market Street
General Information
Standard status
Active
Size
116,504 SF
Lot size
0.30 Acres
Property subtype
OFFICE
Listing Agency:
Colliers
(317) 713-2348
Listed By:
Matt Langfeldt · License #RB14046182
(317) 407-3932
Source:
Moodyscre
Added: Nov 28, 2025
Changed: Jul 6
Last Checked: Aug 22 at 6:13AM
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 Colliers
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
6,865
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
Questions? Ask Rey
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Frequently Asked Questions
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.
