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Property profile & analytics

241 Pennsylvania St Indianapolis, IN 46204

  • Retail properties
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Ignition Inc / Design Agency / Event Management Company
  • Office Indy / Commercial Real Estate Agency / Market Researcher
  • wR2 Advisors of Raymond James / Financial Planner / Financial Consultant
  • Root Wellness / Fitness Center / Health Consultant
  • Istoria Group / Design Agency

Property Details for 241 Pennsylvania St

Property type
Retail properties
Property subtype
Office Properties & 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 Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • 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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