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Property profile & analytics

16 Pennsylvania St Indianapolis, IN 46204

  • Office Properties & Spaces
  • 4,200 SF
  • 0.03 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-0617425
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Wingstop / Restaurant

Property Details for 16 Pennsylvania St

Year built
1964
Construction
WOOD
Lot size
0.03 lot acres
Property size
4,200 SF
Zone code
ZO01
Property type
Office Properties & Spaces
APN
49-11-01-240-165.000-101
APU
491101240165000101

Description

This exceptional two-story, +/- 2,300 square foot retail/office building presents a unique opportunity in the heart of Indianapolis' Central Business District. Ideally situated at the high-traffic intersection of Pennsylvania and Washington Streets, just one block from Monument Circle, this property offers unparalleled visibility and accessibility. The building currently features two available suites, each ranging from 1,100 to 1,200 contiguous square feet, perfect for coworking spaces or similar uses. With a total of 2,300 square feet of vacant space, this property is ready for immediate occupancy. Tenants will benefit from convenient access to nearby parking garages, BlueIndy stations, and street parking, ensuring ease of access for employees and clients. Furthermore, its location adjacent to the Cultural Trail and within walking distance of numerous downtown attractions and businesses provides a vibrant and desirable work environment. This is an exceptional opportunity to establish a presence in one of Indianapolis' most sought-after locations. The building's prime location and flexible space make it an ideal choice for businesses seeking a dynamic and convenient workspace. The property is in Marion County.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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Location Insight

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  • Local Demand
City
Indianapolis
County
Marion
State
Indiana
Longitude
-86.1565
Latitude
39.7675
CBSA code
26900
CBSA name
INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,421
$138,600
$263,500
$402,100
-
$138,600
$263,500
$402,100
More about this property
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