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901 N Pennsylvania St
Indianapolis, IN 46204 Circle City

$3,501 USD/MO

Freestanding For Lease  •  1,733 SF

Property Details

  • Property Type Freestanding
  • Year Built 1920
  • Total Building Size 2,922 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning CBD-2
59 Transit Score
92 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 901 Retail 1,733 SF $24.24 USD/SF/YR
Free-standing building with outdoor covered patio and parking in the fully fenced and gated parking lot (shared with 907, The Pet Spaw). Believed to be originally built as a neighborhood grocery store around 1920, that became one of the first Kroger grocery stores in Indianapolis in 1924. Presented today after being completely renovated inside and out, joined by owner/Landlord with its adjacent neighbor building (907/THE PET SPAW) now offers parking in the fully fenced & gated parking lot.  Open interior floor plan easily adaptable for retail, restaurant, coffee shop, cafe, service industry, or creative office. Beautifully restored interior brick tile walls exude charm and character of a rich history. Interior completely renovated providing new insulated storefront windows (ends open to fresh air), entry doors, polished concrete floors, exposed wood deck ceiling, amber café lights, two restrooms (ADA), all new mechanical (HVAC), electrical (400A/3-Phase/120/208), water heater, exterior siding, & roof. Exterior newly fenced in trash containment area adjacent the curb-cut on 9th Street provides one parking spot for deliveries at the back door of building.  Offering unique opportunity with a fresh clean slate for the next successful tenure. Property zoning CBD-2 allowing restaurant, office, or retail uses. New pizzeria ideal for the neighborhood to enjoy, historically there was a pizza restaurant on this corner for over 40 years (Combined  901 & 907 N Penn).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

SPACE HAS BEEN LEASED | 901 N Penn is a single-story brick building with 23’ exterior patio enclosed with a 4’ high railing and covered canvass awning. The building has been completely remodeled with new; Pella windows & doors, roof, hvac, 400A 3P power, stunning brick and polished concrete floors, and two restrooms. Ready for immediate occupancy. The site consists of two free-standing buildings (901 and 907 N Penn) sharing a total 0.28 acre lot property including 22 + private parking spaces. Offering an ideal opportunity in seek of a commercial freestanding building, rich in charm, well-positioned, highly visible, and easily accessible, with a private gated parking lot in downtown Indy. Here it is! Located in the St. Joseph neighborhood of rich architectural history, dubbed "Library Square”, in downtown Indianapolis on the north-east corner of 9th and Pennsylvania St.  The adjacent neighbor in 907 N Penn. is now home to The Pet Spaw, a pet grooming boutique. Call today for a tour of this beautiful space positioned for success.

Highlights

Heavy density in the busy "Library Square" corridor, in the historic and beautiful St. Joseph neighborhood
Downtown Indy north-quadrant, on the bus line, directly east of of the public Central Library
Within walking distance to Mass Ave corridor (within 5 blocks SE)
Two Unique Freestanding buildings sharing a Private Parking Lot
Zoned CBD-2 Site Plan and Floor Plan drawing attached for review
Open layout easily adaptable for boutique retail, coffee/cafe, service industry, or creative office

Property Flyers

Amenities

  • 24 Hour Access
  • Corner Lot
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
4 min - 1.5 mi
AirportDriveWalkDistance
Indianapolis International 27 min - 14.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Stacia Yeager 317-997-1380 Insite Commercial Real Estate
Stacia Yeager 317-997-1380 Insite Commercial Real Estate