Search
Two-Story Retail/Office Space
For Lease
Contact for pricing

16 N Pennsylvania St, Indianapolis, IN 46204

Two-story retail/office space for lease in Downtown Indianapolis, one block from Monument Circle.

Property Size2,300 SF
Days on Market771

Property Features for 16 N Pennsylvania St

General Information

Standard status Active
Size 2,300 SF
Net Rentable 2,300 SF
Property subtype RETAIL

Space & Availability

Available Space 2,300 SF
Contiguous Space 2,300 SF
Space Use Office

Building Details

Stories 2
Listing Agency: Eclipse Real Estate
Listed By: Bryan Chandler · License #RB14027408
Source: Moodyscre
Added: Jun 21, 2024 Changed: Jul 30 Last Checked: Jul 30 at 10:24AM

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 Eclipse Real Estate

Investment Insights

Based on property information with market context.

This is a +/- 2,300 SF two-story retail/office space available for lease in a centrally located Downtown building. The layout supports flexible use as either a retail space or office space, with space distributed across two floors.

The property is positioned in Downtown’s CBD at the prominent, high-traffic intersection of Pennsylvania and Washington Street. It offers convenient access to parking garages and street parking, along with nearby BlueIndy stations. The building is located next to the Cultural Trail and within walking distance of Downtown’s many area generators, supporting regular customer and employee traffic.

The combination of a central Downtown address, strong street visibility at a key intersection, and nearby transit and parking makes this space well suited for a user looking for an accessible retail or office location.

Key Highlights

  • +/- 2,300 SF two‑story retail/office space
  • For lease in a Downtown CBD building
  • Prominent, high‑traffic intersection of Pennsylvania and Washington Street

Property Analytics

Current Use

Wingstop Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nursing Home Electrical Service Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

6,857
Businesses Nearby
Well-served
Demand for This Use

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

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Flower Boys — 702 Lexington Ave, Indianapolis, IN 46203
  • Marka Florist — 101 W Market St, Indianapolis, IN 46204
  • Touch of Class Florist | Send Flowers Indianapolis, IN — 48 E Washington St, Indianapolis, IN 46204
  • Anuheas Same Day Flower Delivery Inc. — 100 Illinois St, Indianapolis, IN 46225
  • Tims Same Day Flower Delivery Inc. — 121 W Maryland St, Indianapolis, IN 46225

Frequently Asked Questions

What type of property is this?
Storefront property - Two-story retail/office space for lease in Downtown Indianapolis, one block from Monument Circle.
Where is this storefront property located?
The property is located at 16 N Pennsylvania St Indianapolis, IN.
What are key features of this property?
This property features: +/- 2,300 SF two‑story retail/office space; For lease in a Downtown CBD building; Prominent, high‑traffic intersection of Pennsylvania and Washington Street
(317) 614-9402 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message