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Historic LEED Gold Office Building
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241 N Pennsylvania St, Indianapolis, IN 46204

Historic early-century office building with LEED Gold certification, four floors plus lower level, and 13 on-site parking spaces.

Property Size24,071 SF
Days on Market545

Property Features for 241 N Pennsylvania St

General Information

Standard status Active
Size 24,071 SF
Total Parking Spaces 13
Property subtype OFFICE

Additional Details

Business Included No

Amenities

fitness center with showers & locker room
building signage potential

Building Details

Year Built 1902
Year Renovated 2011
Stories 4
Construction historic early-century style
Listing Agency: Colliers
Listed By: Aaron Snoddy
Source: Moodyscre
Added: Feb 1, 2025 Changed: Jul 28 Last Checked: Jul 30 at 2:23PM

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 historic early-century style office building totals 24,071 square feet across four floors and a lower level. Built in 1902 and renovated in 2011, the property is LEED Gold certified. The building includes on-site sub-surface parking for 13 spaces and an on-site fitness center with showers and a locker room.

Located at 241 N Pennsylvania St in Indianapolis, the property offers signage potential for occupants or marketing needs. Its multi-level layout can support office use across different floor plates.

The building’s combination of preserved historic character and more recent renovations, along with LEED Gold standing and dedicated on-site amenities, makes it a strong option for businesses seeking a distinctive office setting with practical facility features.

Key Highlights

  • Historic early‑century office building totaling 24,071 SF across 4 floors plus a lower level
  • Built in 1902 and renovated in 2011
  • LEED Gold Certified

Property Analytics

Current Use

Ignition Inc Marketing & Advertising Office Indy Real Estate Agency wR2 Advisors of Raymond ... Financial Advisor Root Wellness Gym & Fitness Center Istoria Group Marketing & Advertising

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon Nursing Home Kitchen & Bath Showroom

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

7,189
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Office building - Historic early-century office building with LEED Gold certification, four floors plus lower level, and 13 on-site parking spaces.
Where is this office building located?
The property is located at 241 N Pennsylvania St Indianapolis, IN.
What are key features of this property?
This property features: Historic early‑century office building totaling 24,071 SF across 4 floors plus a lower level; Built in 1902 and renovated in 2011; LEED Gold Certified
(317) 410-5962 Call to check price and availability
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