See all 26 photos
Listed by Keith Turnbill • RE/MAX Advanced Realty
$2,299,000
Est. payment /mo
13,600 SqFt
Pending
21 N Pennsylvania ST Indianapolis, IN 46204
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 13,600 sqft
Price per Sqft $169
MLS Listing ID 22026290
Year Built 1920
Tax Year 2023
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Retail
Property Description
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.
Location
State IN
County Marion
Zoning CBD1
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Gas Nearby, Sewer Connected, Water Connected
Building
New Construction false
Schools
School District Indianapolis Public Schools

© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
GET MORE INFORMATION
QUICK SEARCHES BASED ON SCHOOL DISTRCICT
- Avon Homes for Sale
- Brownsburg Homes For Sale
- Zionsville Homes For Sale
- Plainfield Homes for Sale
- Indianapolis Homes For Sale
- Mooresville Homes For Sale
- Martinsville Homes For Sale
- Greenwood Homes For Sale
- Center Grove Homes For Sale
- Franklin Homes For Sale
- Hamilton Southeastern Homes For Sale
- Franklin Township Homes For Sale
- Fishers Homes For Sale
- Carmel Homes For Sale
- Westfield Homes For Sale
- Noblesville Homes For Sale
- New Palestine Homes For Sale
- Shelbyville Homes For Sale
- Perry Township Homes For Sale
- Whiteland Homes For Sale