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$2,299,000
23 Days On Site

21 N Pennsylvania Street
Indianapolis, IN 46204

For Sale|Retail|Active
0
Beds
0
Full Baths
0
Partial Baths
13,600
SqFt
$169
/SqFt
1920
Built
County:
Marion
Listing courtesy of RE/MAX Advanced Realty 3176260800

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21 N Pennsylvania Street21 N Pennsylvania Street21 N Pennsylvania Street21 N Pennsylvania Street
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This is a 4 story building with a lower level. Big Red Liquors is leasing the 1st floor as well as the lower floor. The remaining 3 floors are currently in shell condition and ready for your design. Each floor is 2,720 square feet. There is an elevator in the building that will require service. With the CBD1 zoning, you can have office, retail, day care, religious uses, medical uses, hair and nail salon, restaurant, bar, as well as multifamily/condos (over 5 units). If you were to lease the remaining 3 floors for $18.00 per square foot on a NNN basis, the gross rents would be in excess of $230,000 annually. This is an excellent location with close proximity to restaurants, Gainbridge Fieldhouse, Lucas Oil Stadium, etc.

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Listing Snapshot
Price 
$2,299,000
Days On Site 
23 Days
Bedrooms 
N/A
Inside Area (SqFt) 
13,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.06 Acres
Year Built 
1920
MLS® Number 
22026290
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
3 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.06
Additional Property Use 
Retail
Direction Faces 
West
Property Sub Type 
Retail
SqFt Total 
13600
Utilities 
Electricity ConnectedSewer ConnectedWater Connected
Zoning 
CBD1
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Community Features
MLS Area 
4912 - Marion - Center Ne
School District 
Indianapolis Public Schools
Township 
Center
Schools
School District
Indianapolis Public Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of RE/MAX Advanced Realty 3176260800



Listings courtesy of as distributed by MLS GRID. All information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All information is believed to be reliable but is not guaranteed and should be independently verified.

Based on information submitted to the MLS GRID as of 2025-04-04 11:59 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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