1300 N Pennsylvania ST, Indianapolis, IN 46202
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1300 N Pennsylvania ST, Indianapolis, IN 46202
1300 N Pennsylvania ST, Indianapolis, IN 46202
1300 N Pennsylvania ST, Indianapolis, IN 46202
1300 N Pennsylvania ST, Indianapolis, IN 46202
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Mandy Schaumberg

Mandy Schaumberg

+1(317) 721-4401
Listed by Jimmy Dulin • eXp Realty LLC
$ 550,000
Est. payment /mo
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Active

1300 N Pennsylvania ST Indianapolis, IN 46202

8,637 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 8,637 sqft

Price per Sqft $63

MLS Listing ID 22118495

Year Built 1930

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Office

Property Description

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.

Location

State IN

County Marion

Zoning Commercial - Office

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

Building

Story 3

New Construction false

Schools

School District Indianapolis Public Schools

Others

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MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
Mandy Schaumberg
Mandy Schaumberg

Real Estate Broker / Realtor® / MPRO / PSA / AHWD RB14049529

+1(317) 721-4401 | sold@mandyschaumberg.homes

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1300 N Pennsylvania ST