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21949576
21949605

241 N Pennsylvania St, Indianapolis, IN 46204

AU
IN RB15001010
Colliers - Indianapolis, Indiana
AS
IN RB16000890, IN
Colliers - Indianapolis, Indiana
Listed by Colliers - Indianapolis, Indiana
$4,950,000
472 days on market
Updated 52 days ago

Pennway Building | 241 N Pennsylvania St

Details
Property Type Office
Sub Type Creative Office, Executive Office (+1)
Square Footage 24,071
Net Rentable (SqFt) 24,071
Occupancy 75%
Tenancy Multi
Lease Type Gross
Price per SqFt $206
Broker Co-Op Yes
Class A
Year Built 1902
Year Renovated 2011
Buildings 1
Stories 4
Zoning CBD1 - Commercial
Investment Type Owner/User
Occupancy Date 04/01/2026

Office | 24,071 SqFt

Marketing description

• 24,071 GSF

• 4 floors & lower level

• Historic, early-century style building

• Built in 1902, renovated in 2011

• LEED GOLD Certified

• On-site sub-surface parking (13 spaces)

• Highly-visible building signage potential

• On-site fitness center with showers & locker room

Investment highlights

The Pennway Building: Where Legacy Meets Vision


Originally constructed in 1902 as the Pennway Building, this storied structure served as a landmark headquarters for Indiana’s pioneering energy companies and local institutions. Now reintroduced under its historic name, the Pennway Building blends a century of architectural character with a modernized boutique office experience. Located at 241 North Pennsylvania Street in the heart of Downtown Indianapolis, the building offers full-floor identity, exposed brick interiors, on-site parking, and LEED Gold certification—positioning it as a premier destination for tenants seeking authenticity, creativity, and a sense of place in the city’s urban core.

Listing Contacts

AU
IN RB15001010
Colliers - Indianapolis, Indiana
AS
IN RB16000890, IN
Colliers - Indianapolis, Indiana
Listed by Colliers - Indianapolis, Indiana

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