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Penn Arts Apartments 111 E 16th St 1,697 SF of Office Space Available in Indianapolis, IN 46202



Highlights
- Originally built in 1923 and thoughtfully restored to preserve its vintage charm.
- Steps from the Indianapolis Cultural Trail for biking and walking throughout the city.
- Situated between Herron-Morton Place and the Old Northside, with easy access to downtown, Mass Ave, and major employers.
All Available Space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Build-Out
- Available
Position your business in a well-appointed, turnkey office suite offering 1,697 SF of flexible workspace in a highly accessible location just minutes from downtown Indianapolis. This suite is ideal for professional services, creative firms, small teams, or satellite offices looking for a polished environment without the overhead of a large corporate space.
- Listed rate may not include certain utilities, building services and property expenses
- 4 Private Offices
- Reception Area
- Kitchenette/break area
- Ample natural flow between work areas
- Fully Built-Out as Standard Office
- Space is in Excellent Condition
- Dedicated lobby/reception area
- Efficient, functional layout
| Space | Size | Term | Rental Rate | Space Use | Build-Out | Available |
| 1st Floor, Ste 100 | 1,697 SF | Negotiable | $29.05 CAD/SF/YR $2.42 CAD/SF/MO $49,300 CAD/YR $4,108 CAD/MO | Office | Full Build-Out | Now |
1st Floor, Ste 100
| Size |
| 1,697 SF |
| Term |
| Negotiable |
| Rental Rate |
| $29.05 CAD/SF/YR $2.42 CAD/SF/MO $49,300 CAD/YR $4,108 CAD/MO |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Floor, Ste 100
| Size | 1,697 SF |
| Term | Negotiable |
| Rental Rate | $29.05 CAD/SF/YR |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Position your business in a well-appointed, turnkey office suite offering 1,697 SF of flexible workspace in a highly accessible location just minutes from downtown Indianapolis. This suite is ideal for professional services, creative firms, small teams, or satellite offices looking for a polished environment without the overhead of a large corporate space.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 4 Private Offices
- Space is in Excellent Condition
- Reception Area
- Dedicated lobby/reception area
- Kitchenette/break area
- Efficient, functional layout
- Ample natural flow between work areas
About the Property
Located in the heart of Indianapolis’ historic Near Northside, 111 E 16th St is home to Penn Arts Apartments, a beautifully restored Art Deco building that blends vintage charm with modern living. Nestled between the vibrant Herron-Morton Place and Old Northside neighborhoods, the property offers residents a walkable, community-focused environment rich in character. Just minutes from Downtown Indianapolis, the location provides convenient access to major employers, cultural attractions, and entertainment venues. Nearby highlights include the Children’s Museum of Indianapolis, IU Health Methodist Hospital, and the lively Mass Ave Arts District, known for its eclectic mix of restaurants, boutiques, and theaters. The area is also connected by the Indianapolis Cultural Trail, making it easy to explore the city by bike or on foot.
Property Facts
| Total Space Available | 1,697 SF | Apartment Style | Mid-Rise |
| No. Units | 46 | Building Size | 43,850 SF |
| Property Type | Multifamily | Year Built/Renovated | 1926/1980 |
| Property Subtype | Apartment |
| Total Space Available | 1,697 SF |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Size | 43,850 SF |
| Year Built/Renovated | 1926/1980 |
Presented by
Indy Collective
Penn Arts Apartments | 111 E 16th St
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