For Sale
$825,000

1300 Pennsylvania St Indianapolis, IN 46202

8,000 SF Office, 12 Parking Spaces

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Highlights

  • $825,000 asking price.
  • 8,000 square feet of net rentable space in a two-story building.
  • Located at 1300 N Pennsylvania St, Indianapolis, IN 46202, a C-Class property.
  • Built in 1930, situated on a 0.23-acre lot with C-4 zoning.
  • Features 12 parking spaces and offers broker co-op.

Property Details for 1300 Pennsylvania St

Property type
Office properties, Office space
Class
C
Year Built
1930
Buildings
1
Stories
2

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.784438
Longitude
-86.1560592

FAQs

What type of property is this?
Office property - 8,000 SF Office, 12 Parking Spaces
Where is the office property located?
The property is located at 1300 Pennsylvania St Indianapolis, IN.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: $825,000 asking price.; 8,000 square feet of net rentable space in a two-story building.; Located at 1300 N Pennsylvania St, Indianapolis, IN 46202, a C-Class property.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1300 Pennsylvania St
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