619 Pennsylvania St Indianapolis, IN 46204
- Office Properties & Spaces
- 8,176 SF
- 0.16 lot acres
Current Use by Public Records
- V3 Companies, Ltd. / Engineer
Property Details for 619 Pennsylvania St
- Year built
- 1954
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.16 lot acres
- Property size
- 8,176 SF
- Property type
- Office Properties & Spaces
- APN
- 49-11-01-121-016.000-101
- APU
- 491101121016000101
Description
This exceptional two-story office building, totaling 8,130 square feet, presents a unique opportunity in the heart of Indianapolis. Located in Marion County, the property boasts a prime location with convenient access to Mass Ave, the central business district, and nearby green spaces including the American Legion Mall and memorials. The building features a main entrance with abundant natural light, enhancing the professional atmosphere. The efficient floor plates are approximately 4,065 square feet per floor, offering flexibility for various business needs. Some areas showcase exposed ceilings, adding a touch of modern industrial design. Ample surface parking is available, accommodating approximately 30 vehicles. The entire 8,130 square feet is currently vacant and available for lease or purchase. The lease rate is $18.75 per square foot, triple net (NNN). Alternatively, the property is offered for sale at $1,600,000. The minimum divisible space is 4,065 square feet, while the maximum contiguous space available is the entire 8,130 square feet. This presents an ideal opportunity for a single tenant seeking a substantial presence or multiple tenants seeking smaller, yet prestigious, executive office suites. Don't miss this chance to secure a highly desirable location in a vibrant and growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Marion
- State
- Indiana
- Longitude
- -86.1554
- Latitude
- 39.7762
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA