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    241 Pennsylvania St Indianapolis, IN 46204
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    Property profile & analytics

    241 Pennsylvania St Indianapolis, IN 46204


    • Retail properties & Spaces
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ignition Inc / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Office Indy / Real Estate Agency
    • wR2 Advisors of Raymond James / Financial Advisor
    • Root Wellness / Gym & Fitness Center
    • Istoria Group / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 241 Pennsylvania St

    Property type
    Retail properties & Spaces
    Property subtype
    Office Spaces

    Description

    This exceptional 5,579 square foot office space, located on the first floor of a fully renovated, LEED Gold certified building at 241 N Penn St, Indianapolis, becomes available August 1st, 2024. The property boasts a prime corner location at the intersection of New York and Pennsylvania Streets, offering unparalleled visibility and accessibility. This historically significant early-century building blends classic architectural details with modern amenities. Its central location places it within walking distance of key office buildings, banks, and government facilities, enhancing its appeal for businesses seeking a prestigious address. The vibrant Mass Ave Cultural District, with its diverse restaurants and entertainment options, is also conveniently close. Furthermore, the property's proximity to University Park and the Indiana War Memorial provides a desirable and amenity-rich environment. Practical considerations are well-addressed with numerous parking options, including metered street parking and nearby public garages. Tenants will enjoy key fob access, on-site restroom facilities, and access to an on-site fitness center and property management. Building signage opportunities are also available. This is a rare opportunity to secure a high-quality, historically significant office space in a thriving downtown location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Marion
    State
    Indiana
    Longitude
    -86.1561
    Latitude
    39.7713
    More about this property
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