1300 N Pennsylvania ST
Commercial $ 575,000

1300 N Pennsylvania ST

Indianapolis, IN 46202

  • 8,637 SqFt
  • 10,018 Lot Size
  • 1930 Year Built
The only fully-divided, tenant-ready 16-suite office building on the market at this price point - a rare turnkey income opportunity in one of the city's most vibrant business districts. This meticulously maintained 5,700+ SF building is move-in ready today, offering 16 private, fully built-out suites with copy rooms and kitchenettes across two floors, each with its own dedicated reception area. Currently home to three tenants (two attorneys and a home builder), the property has significant untapped upside - leasing was intentionally paused under prior ownership, leaving 13 suites available for immediate lease-up, including the entire vacant first floor with its own reception area and spacious conference room, ideal as shared amenity space or private meeting space for a full-floor tenant. The versatile layout suits attorneys, therapists, medical/specialty practices, consultants, and other private-office users. Large windows provide excellent natural light, and dedicated rear parking offers direct building entry, with accessible entry into the first floor (no elevator; second floor via stairs only). Perfectly positioned with excellent street frontage, high traffic counts, and easy access to major highways, public transit, and downtown amenities, plus a private lot and additional on-street parking. For the investor seeking diversified income from day one - or a business ready to anchor a full floor with its own reception and conference space - this is a rare opportunity to acquire a fully realized multi-tenant asset with immediate upside built in. Suite-by-suite rent roll available upon request.
Listed by Jimmy Dulin of eXp Realty LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Office

    Listing Status Active

    Purchase Type For Sale

    Square Footage 8, 637 sqft

    Price per Sqft $66

    MLS Listing ID 22118495

    Year Built 1930

    Tax Year 2025

    Lot Size 10,018 Sqft

    Acres 0.23

    Property Sub-Type Office

  • Location

    State IN

    County Marion

    Zoning Commercial - Office

  • Building

    Story 3

    New Construction false

  • Interior

    Heating Forced Air

    Cooling Central Air

    Equipment Air Purifier, Intercom

    Fireplace N

  • Exterior

    Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    View Y/N false

  • Schools

    School District Indianapolis Public Schools

  • Others

    Virtual Tour https://listing.threesixtyindy.com/ut/1300_N_Pennsylvania_St.html

CONTACT

Clubhouse RE Brokered By EXp Realty
Clubhouse RE Brokered By EXp Realty

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