Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Marketing & Advertising (Bike/Boat/Book/etc) Store
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Real Estate Agency
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Financial Advisor
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Gym & Fitness Center
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Marketing & Advertising (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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