1300 N Pennsylvania St Indianapolis, IN 46202

Built 1930

Property ID

US31-0604345

$700,000

1300 N Pennsylvania St, Indianapolis, IN 46202
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This 8,000-square-foot, two-story commercial office building in Indianapolis, Indiana, presents a compelling investment opportunity. Built in 1930, this Class C property sits on a 0.23-acre lot zoned C-4, offering flexibility for various uses. The building features approximately 4,000 square feet of leasable space per floor, currently occupied by month-to-month tenants. Twelve dedicated parking spaces are available on-site, supplemented by nearby off-street parking. The property boasts newer roof and mechanical systems, minimizing immediate capital expenditure needs. Its prime location at 1300 N Pennsylvania St, just one block north of I-65, provides easy access to downtown amenities, including shopping, hotels, restaurants, entertainment, and sports venues. The proximity to the $43 billion IU Health expansion further enhances its investment potential. This multi-tenant or single-tenant adaptable space is ideal for general office or medical uses. The asking price is $825,000.