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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
  • 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

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
No. Units 46
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 43,850 SF
Year Built/Renovated 1926/1980
Very walkable
80/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
  • Listing ID: 36786546

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 111 E 16th St, Indianapolis, IN 46202

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